City of South Salt Lake Redevelopment Agency Minutes of Meeting Held 2026-05-27
dbURBAN Receives Tax Increment Agreement for Micro-Unit Development
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Description
The South Salt Lake Redevelopment Agency approved a tax increment participation agreement with DUSTY BAKER COMMUNITIES, LLC (dba dbURBAN) for the aQui 2194 micro-unit project in the Downtown SSL Housing and Transit Reinvestment Zone. The arrangement provides up to eighty percent of property tax increment over fifteen years, subject to affordable housing and enhancement criteria.
Contract Details
Contract Amount
Up to eighty percent of property tax increment available over 15 years (allocation not to exceed statutory caps); specific dollar figure not stated
Vendor
DUSTY BAKER COMMUNITIES LLC DBA DBURBAN
Agency
City of South Salt Lake, UT
Contract Type
OTHER
Document Date
May 27, 2026
Contract Term
Fifteen years (subject to approval, tied to Downtown SSL Housing and Transit Reinvestment Zone period)
Renewal Date
2041-05-27
Renewal Info
Contract term matches statutory maximum for participation; extension or amendments possible as allowed by Board policy and zone regulations.
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