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County counsel reports tentative settlement with Union Pacific; commission to authorize signing after review

Utah County Commission · December 15, 2021
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

In closed session counsel told commissioners that the county has a paper settlement resolving five years of centrally assessed Union Pacific appeals with a projected county revenue reduction of roughly $600,000 across five years (described as less than 10%); counsel sought authority to sign settlement documents and commissioners requested confirmation and a contract for Pacific Corp. expert invoices.

In a closed strategy session, county counsel reported an omnibus settlement in principle with Union Pacific concerning five years of centrally assessed property tax appeals.

Counsel said the parties had put the settlement terms on paper and that the…

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