City of Saratoga Springs CDRA Meeting Agenda Packet May 2026
CDRA Budget Funds Final Costco Reimbursement
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Description
The CDRA budget for FY 2025-2026 continues funding to fully reimburse Costco for improvements made in the project area under a tiered sales tax sharing agreement. Officials noted that the remaining reimbursement is expected to be paid off several months ahead of schedule.
Contract Details
Vendor
COSTCO
Agency
City of Saratoga Springs, UT
Contract Type
OTHER
Document Date
May 5, 2026
Renewal Info
Tax increment reimbursement based on a tiered percentage of sales tax; projected to be paid off earlier than initially planned.
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