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Weber County CRA and Nordic Valley PID agree to tax-increment participation
Summary
The Weber County Community Reinvestment Agency approved a participation agreement with the Nordic Valley Public Infrastructure District to provide tax-increment financing to assist bond repayment; the accompanying resolution (CRA 01-2026) passed by roll call and the agreement was approved by voice vote.
The Weber County Community Reinvestment Agency voted April 7 to participate with the Nordic Valley Public Infrastructure District, approving a tax-increment financing participation agreement intended to help the PID pay its infrastructure bonds.
Ms. Stephanie Russell introduced the agreement, saying it “outlines the terms and conditions of providing tax…
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