city-of-west-jordan-redevelopment-agency-meeting-agenda_0cc.pdf
Aligned Energy Continues to Receive Energy Tax Rebates
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Description
Aligned Energy receives annual incentive payments under an economic development agreement with the City of West Jordan RDA, with $335,000 budgeted for FY 2025. The rebate covers a percentage of municipal energy taxes through FY 2028.
Contract Details
Contract Amount
FY 2025 payment $335,000
Vendor
ALIGNED ENERGY
Agency
City of West Jordan, UT
Contract Type
FINANCIAL_SERVICES
Document Date
May 22, 2024
Contract Term
FY 2019 – FY 2028
Renewal Date
2028-06-30
Renewal Info
Agreement runs through FY 2028; rebates decline after initial 3 years; no extension listed.
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ongoingcity-of-west-jordan-redevelopment-agency-budget-fy-2025_5db.pdf
ONGOINGcity-of-west-jordan-redevelopment-agency-meeting-agenda-may-8-2024_3c6.pdf
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