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CRA hears briefing on second amendment to Utah Inland Port interlocal agreement allocating portions of the differential to public safety
Summary
Staff briefed the CRA on a proposed second amendment to the interlocal agreement with the Utah Inland Port Authority that would commit 35% of the community differential and 15% of the economic differential to public services/public safety through 2029 and streamline city–port communications; the port adopted the amendment at its February board meeting.
City staff delivered a briefing to the Community Reinvestment Agency on a proposed second amendment to the interlocal agreement among Salt Lake City, the Utah Inland Port Authority and the CRA that would update communication processes and identify specific allocations of differential revenue toward public services and public safety.
Nick (staff at the table) summarized the amendment's financial terms, saying that through 2029 the proposal would allocate 35% of the…
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