FINANCIAL_SERVICESAMENDED

Pickle & Hide tax increment terms reduced and revised

The CRA Board amended its tax increment reimbursement agreement with Mountain West Development, LLC for the Pickle & Hide project, capping reimbursement at 90 percent of property tax increment and reducing the maximum payout to $5,078,545. The revised terms reflect demolition and reconstruction of the Utah Pickle Co. building and add Utah Renewable Community participation requirements.

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

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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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
Contract term
Term based on property tax increment period for the 900 South HTRZ (specific dates not provided)
Renewal
Original tax increment reimbursement agreement approved March 18, 2025 was modified by Resolution 9 of 2026 to adjust reimbursement percentage, cap, and program participation terms.
Document type
AgendaPacket
Source document
Salt Lake City Community Reinvestment Agency AgendaPacket 2026-07-14

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Mountain West Development Llc was awarded this financial services contract by City of Salt Lake, 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 City of Salt Lake worth?

The Mountain West Development Llc contract with City of Salt Lake 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 City of Salt Lake. 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.

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