FINANCIAL_SERVICESAMENDED

CRA Revises TIF Terms for Pickle & Hide Project

The Community Reinvestment Agency amended its tax increment reimbursement agreement with Mountain West Development, LLC for the Pickle & Hide project after demolition of the historic Utah Pickle Co. building. The updated terms cap reimbursement at 90 percent of property tax increment and reduce the maximum payout to $5,078,545 while incorporating Utah Renewable Community participation provisions.

Status
AMENDED
Document date
July 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Mountain West Development Llc
Agency
Salt Lake City Corporation · UT

Trusted by teams at

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
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 amount
Maximum reimbursement reduced to $5,078,545; 90% maximum property tax reimbursement
Contract type
FINANCIAL_SERVICES
Renewal
Existing tax increment reimbursement agreement approved in March 2025 was modified in April 2026 to change reimbursement percentage and lower the maximum reimbursement amount, while adding Utah Renewable Community participation and a new waiver.
Document type
AgendaPacket
Source document
Salt Lake City Community Reinvestment Agency AgendaPacket 2026-07-14

Related contracts

Other contracts from Mountain West Development Llc.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Salt Lake City Corporation?

Mountain West Development Llc was awarded this financial services contract by Salt Lake City Corporation, as recorded on July 14, 2026. The contract value is Maximum reimbursement reduced to $5,078,545; 90% maximum property tax reimbursement.

How much is the Mountain West Development Llc contract with Salt Lake City Corporation worth?

The Mountain West Development Llc contract with Salt Lake City Corporation is valued at Maximum reimbursement reduced to $5,078,545; 90% maximum property tax reimbursement, covering financial services work.

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 Salt Lake City Community Reinvestment Agency AgendaPacket 2026-07-14 (AgendaPacket), dated July 14, 2026 from Salt Lake City Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mountain West Development Llc hold?

Mountain West Development 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.

View Mountain West Development Llc's profile

What is Salt Lake City Corporation currently buying?

Explore Salt Lake City Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Salt Lake City Corporation's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free