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Northern Utah Economic Alliance and Utah Inland Port outline tools to finance industrial infrastructure
Summary
Presenters from the Northern Utah Economic Alliance and the Utah Inland Port Authority briefed Morgan County commissioners on tools to attract industrial and office jobs, describing a site-selection database and tax-increment project areas (75/25 split) the port can use to finance infrastructure and incentives for greenfield and brownfield development.
Representatives of the Northern Utah Economic Alliance and the Utah Inland Port Authority told the Morgan County Commission on Feb. 3 that the organizations can help rural counties attract industrial and office employers by identifying sites, preparing labor analyses and financing infrastructure.
Chris (Northern Utah Economic Alliance representative) said the Alliance operates as a nonprofit public–private partnership that serves primarily Davis and Weber counties and maintains a real-estate database and labor profiles that help national site selectors and local companies identify potential locations. “We create an annual labor profile,” he said, describing services that planners and developers use to evaluate potential sites.
Ben Hart’…
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