OTHERPENDING

Lehi RDA weighs HTRZ deal for Thanksgiving Station

The Lehi Redevelopment Agency is considering Resolution R2026-03 to enter an HTRZ Participation Agreement with Thanksgiving Station Development Partners LLC for a 26‑acre mixed-use project. The agreement would share 80% of project-generated tax increment per phase for up to 25 years each, within a 45-year total collection period.

Status
PENDING
Document date
May 9, 2026
Contract type
OTHER
Vendor
Thanksgiving Point Station Development Partners Llc
Agency
City of Lehi · UT

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
OTHER
Contract term
Up to 25 years of tax increment per phase, maximum 45-year total collection period starting no later than January 1, 2028
Renewal date
2072-12-31
Renewal
Each phase receives tax increment reimbursement for a 25-year Increment Period beginning with its Trigger Year, within a maximum 45-year total collection period ending no later than December 31, 2072; no renewals beyond statute.
Document type
Agenda
Source document
Lehi Redevelopment Agency Meeting Agenda May 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Lehi?

Thanksgiving Point Station Development Partners Llc was awarded this government contract by City of Lehi, as recorded on May 9, 2026.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Lehi Redevelopment Agency Meeting Agenda May 2026 (Agenda), dated May 9, 2026 from City of Lehi. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Thanksgiving Point Station Development Partners Llc hold?

Thanksgiving Point Station Development Partners Llc 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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Explore City of Lehi's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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