FINANCIAL_SERVICESPENDING

Board weighs revised tax increment deal for Pickle & Hide

The Salt Lake City Community Reinvestment Agency Board is considering modifications to a Tax Increment Reimbursement Agreement with Mountain West Development LLC for the Pickle & Hide mixed-use project in the 900 South HTRZ. The proposal would adjust the reimbursement participation rate, reduce the maximum reimbursement amount from the originally approved $6,094,254, and potentially alter sustainability-related waivers and conditions following demolition of the historic Utah Pickle Co. building.

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

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Veritone logo
TerraCycle logo
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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
Up to $6,094,254 (proposed reductions under consideration to $5,078,545, $4,062,836, or $5,417,115, or $5,870,798 depending on participation level)
Contract type
FINANCIAL_SERVICES
Contract term
15 years or the remaining collection years of the 900 South HTRZ, whichever is less
Renewal
Initial term is up to 15 years or the remaining HTRZ collection period; no explicit renewal options are described. Any future changes would require Board approval and an amended reimbursement agreement.
Document type
Agenda
Source document
Salt Lake City Community Reinvestment Agency Board Meeting Agenda April 14, 2026

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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 April 14, 2026. The contract value is Up to $6,094,254 (proposed reductions under consideration to $5,078,545, $4,062,836, or $5,417,115, or $5,870,798 depending on participation level).

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 Up to $6,094,254 (proposed reductions under consideration to $5,078,545, $4,062,836, or $5,417,115, or $5,870,798 depending on participation level), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Salt Lake City Community Reinvestment Agency Board Meeting Agenda April 14, 2026 (Agenda), dated April 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.

View Mountain West Development Llc's profile

What is City of Salt Lake currently buying?

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