Discussing Woodsonia Incentives: $35M Development Support
City of Farr WestCity · Farr West, UT- Disclosed value
- $35 million
- From meeting minutes
- Document date
- Nov 21, 2024
- Term
- 25 years
The 30-second brief
Proposed incentives for Woodsonia Farr West Landing are being considered, including potential property tax reductions for 25 years to support a $35 million development. The council aims to revisit the incentive structure for future adjustments and will discuss the breakdown of incentives with the developer.
Woodsonia Farr West Landing holds this incentives contract with City of Farr West.
Term as filed: 25 years.
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Contract details
- Contract type
- Incentives
- Amount
- $35 million
- Document date
- November 21, 2024
- Term
- 25 years
- Agency
- City of Farr West
- Source document
- city-of-farr-west-meeting-minutes-2024-11-21_a07.pdf (Meeting Minutes)
More City of Farr West contracts
Questions about this contract
Who was awarded the incentives contract by City of Farr West?
Woodsonia Farr West Landing was awarded this incentives contract by City of Farr West, as recorded on November 21, 2024. The contract value is $35 million.
How much is the Woodsonia Farr West Landing contract with City of Farr West worth?
The Woodsonia Farr West Landing contract with City of Farr West is valued at $35 million, covering incentives work.
What type of contract is this?
This is a Incentives contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-farr-west-meeting-minutes-2024-11-21_a07.pdf (Meeting Minutes), dated November 21, 2024 from City of Farr West. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Woodsonia Farr West Landing hold?
Woodsonia Farr West Landing may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Farr West currently buying?
Explore City of Farr West's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.