Sorenson tax increment agreement amended for reimbursements

Herriman’s Business Center CDA budget reflects a 2024 amendment to its tax increment participation agreement with the Sorenson Foundation, under which the City was reimbursed for Juniper Canyon dam repairs and water tank design work. The amendment reduces future incentive payments and redirects funds to water and storm water improvements.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

2024 amendment to existing Tax Increment Participation Agreement modifies payment calculations and provides reimbursements for specified water infrastructure work.

Document type

AgendaPacket

Source document

Community Development and Renewal Agency of Herriman Agenda Packet 2026-07-08

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Herriman?

Sorenson Foundation was awarded this financial services contract by City of Herriman, as recorded on July 8, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Community Development and Renewal Agency of Herriman Agenda Packet 2026-07-08 (AgendaPacket), dated July 8, 2026 from City of Herriman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sorenson Foundation hold?

Sorenson Foundation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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