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Herriman reviews strategic plan and outlines CDA/TIF obligations, housing funds and software costs
Summary
Council discussed a proposed annual strategic‑plan review and received a detailed briefing on CDA/CRA/TIF project areas including HTC and Elevated developer agreements, a $32.9M consolidated Sorenson obligation, affordable housing fund balances, and a new $140,000/year financial software contract. Staff will return with tactical priorities and related CIP items.
Speaker 4 presented proposed edits to the city’s strategic plan (adopted Oct. 2023), including a new vision statement and a recommendation to move from every‑other‑year to an annual review; council members asked staff to schedule a follow‑up meeting to identify three to five high‑priority initiatives for the coming year.
Why it matters: The strategic plan sets the city’s high‑level priorities; translating those goals into discrete, funded actions affects capital projects, staffing and interlocal arrangements for services such as senior transportation.
Staff (Speaker 2) then gave an extensive fiscal briefing on community development and renewal (CDA/CRA/TIF) project areas. Key points included:
• Herriman Town Center (HTC): two main reimbursement agreements were described. HTC Communities will be reimbursed for…
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