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Council hears options for spending remaining RDA funds; staff proposes dynamic prioritization
Summary
City staff reviewed the history of North Ogden’s RDA, explained the tax-increment collection expired in 2023, and proposed a grant program and a dynamic spreadsheet tool for prioritizing and modeling funding percentages for candidate projects using remaining increment funds.
City staff briefed the North Ogden City Council on Oct. 22 about options for spending the remaining balance of the city’s Redevelopment Agency (RDA) increment. Staff said the RDA was established in 1990, increment collections ceased after 2023 when the RDA term ended, and the city must now allocate the remaining funds consistent with the RDA’s established purposes.
John Call…
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