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BC Council reviews tax district request for large development
The Brigham City Council reviewed a request Thursday to form a Public Infrastructure District (PID) for the Avian Shores development that would issue bonds for required roads and utilities and repay them through a tax paid only by future property owners inside the project area. The land for Avian Shores was placed into a planned district last month, establishing the zoning and master layout for the massive project. Thursday’s discussion focused instead on how regional roads and utilities would be financed through the proposed district. Bond counsel Aaron Wade, a public finance attorney with Gilmore and Bell in Salt Lake...
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By Box Elder News JournalThe Brigham City Council reviewed a request Thursday to form a Public Infrastructure District (PID) for the Avian Shores development that would issue bonds for required roads and utilities and repay them through a tax paid only by future property owners inside the project area. The land for Avian Shores was placed into a planned district last month, establishing the zoning and master layout for the massive project. Thursday’s discussion focused instead on how regional roads and utilities would be financed through the proposed district. Bond counsel Aaron Wade, a public finance attorney with Gilmore and Bell in Salt Lake...
Article Link