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Box Elder council approves creation of TIF district to fund Cheyenne Boulevard
Summary
The Box Elder City Council voted to create Tax Increment Finance District No. 5, to be called Cheyenne Boulevard (formerly 'Alpha Omega'), directing future tax increment to design and build Cheyenne Boulevard. Staff estimated project costs at about $14 million and said construction can be phased.
The Box Elder City Council voted to approve a resolution creating Tax Increment Finance District No. 5, which staff said will be used to fund design and construction of Cheyenne Boulevard. Finance Officer Renee Baker told the council the district was originally labeled “Alpha Omega” because it encompasses the Alpha Omega subdivision, but the city will retain the tax increment and rename it “Cheyenne Boulevard — City TIF No. 5.”
Baker said the full TIF plan, prepared by Colliers and Toby Morris, was provided to council and that the district is intended to establish a new revenue stream “to fund the construction and design of Cheyenne Boulevard.” She stated an estimated cost to design and build Cheyenne Boulevard of about $14,000,000 and said the project is likely to be built in phases.
Council and staff discussed jurisdictional and traffic questions raised during the public hearing. A resident asked whether intersection improvements at Radar Hill/Bridal Hill would be included; staff said some sections are city-owned and some county-owned and that intersection mitigation could be funded by the district if the boundary and revenues allow. Baker also noted that increment from an existing, developer‑driven TIF (No. 4) is expected to materialize in coming years and could support the Cheyenne Boulevard work.
Planning Commission previously reviewed and approved district boundaries; Baker said the commission held public hearings on Oct. 28 and Nov. 25 with no public input. After discussion, the council approved Resolution 25‑41 establishing the TIF district by roll call vote.
What happens next: Baker said staff will begin implementing the district boundary and financing steps in coordination with the city’s consultants and that project construction can be staged to start without the full $14 million budgeted at once.
