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Kaysville presents downtown CRA plan; board offers conditional support to advance discussions
Summary
Kaysville City officials presented a proposed 15-year Community Reinvestment Area (CRA) covering Main Street/200 North, seeking tax-increment participation and interlocal agreements; the board recommended Kaysville proceed with next steps, requesting more detailed ROI projections and interlocal terms before any formal district commitment.
City officials from Kaysville on Feb. 7 presented a proposed Community Reinvestment Area (CRA) for the city's downtown (Main Street and 200 North) and asked the Davis County School District board for feedback and support to proceed to other taxing entities. The presentation was led by community development director Melinda Greenwood and city manager Jason Christiansen; Mayor Tran described the downtown's historic context and the city's interest in catalyzing redevelopment.
Kaysville proposed a 15-year project area with a $10,000,000 cap on tax-increment financing.…
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