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Park City council adopts ordinance creating tax-increment financing district for 69th and Broadway
Summary
The Park City Council voted to create a tax-increment financing (TIF) redevelopment district covering 69th and Broadway, adopting Ordinance 1238-2026 after a public hearing with no speakers; the ordinance creates the district only and does not approve specific projects. County and school districts have 30 days to exercise veto rights as described in the hearing.
The Park City City Council voted to establish a tax-increment financing redevelopment district for the 69th and Broadway area, adopting Ordinance 1238-2026 after a public hearing that drew no public comment.
Dominic, identified in the meeting as “Dominic with Gilmore Bell,” told the council that approval of the ordinance would formally create the TIF district but would not approve any specific projects, uses of funds, or project plans. “Approval…
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