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Board adopts RDA 25-04 amending interlocal agreement with Tremonton for Autoleaf Solar TIF
Summary
The board adopted Resolution RDA 25-04, amending an interlocal cooperative agreement with Tremonton to apply tax-increment financing to the Autoleaf Solar community reinvestment project, following a motion and roll-call affirmations.
The chair opened consideration of Resolution RDA 25-04, describing it as an amendment to an interlocal cooperative agreement with Tremonton that applies tax-increment financing to the Autoleaf Solar community reinvestment project. A committee member asked to move adoption, and the chair noted a motion by "Brett" with a second the chair identified as Lyle Vance. Several members responded in the affirmative and the chair declared the motion passed, adopting RDA 25-04.
Why it matters: The resolution adjusts how tax-increment financing will be applied to the Autoleaf Solar community reinvestment project through an interlocal agreement with the city of Tremonton, a step typically required to share or allocate incremental tax revenues for development projects.
What happened next: After the vote the board continued with its agenda. The transcript records the procedural roll call and the chair's announcement that the motion carried. No implementing details, dollar figures, or timelines for the amended agreement were stated in the recorded discussion.
