OGDEN -- Readers who have been eager to peruse the document detailing the Summit-Eden @ Powder Mountain Community Development Project Area can view it online at:
Under Documents to the right, click on the Summit-Eden @ Powder Mountain Community Development Project Area Plan and EBA to bring up the analysis.
Earlier this month, Weber County commissioners gave preliminary approval to the plan that will allow a percentage of new property tax revenues generated over 20 years by the 6,772-acre development to flow back to the developer for installation of costly infrastructure and other amenities on the mountain.
That approval triggers negotiations among the participating taxing entities -- Weber County, Weber School District and Powder Mountain Water and Sewer District -- concerning the percentage of new tax revenue to be reinvested in the development. The plan asks for 75 percent in the first 10 years and 50 percent in years 11 to 20, to total $98 million that could be used to install gas lines, fiber-optic cable and expanded electric power.
The document is also available in the Commission Office on the 3rd floor of the Weber Center at 2380 Washington Blvd.
Contact reporter Cathy McKitrick at 801-625-4214 or email@example.com. Follow her on Twitter at @catmck.