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Davis County approves interlocal agreement with Kaysville for City Center reinvestment
Summary
The commission approved a 15-year interlocal cooperation agreement with Kaysville City for the Kaysville City Center Community Reinvestment Project area: 60% tax-increment participation, base year 2023, projected increment $5.1M and a $10M cap; the cap will be reduced by transportation grants awarded to the city.
Davis County commissioners unanimously approved an interlocal cooperation agreement with Kaysville City on Nov. 19 to support the Kaysville City Center Community Reinvestment Project area, county staff said.
Mr. Anderson of the county's Community and Economic Development office presented the proposal, telling commissioners the…
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