Manager Entity Added to Silo Park TIF Agreement

The CRA Board will consider a tax increment reimbursement agreement term sheet involving BCG TBD Manager LLC as part of the Silo Park Development financing structure. The agreement would allocate a portion of future tax increment from the project to the developer entities in exchange for specified improvements.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Phases I–V of Silo Park Development, timeframe not specified

Document type

AgendaPacket

Source document

Salt Lake City Community Reinvestment Agency AgendaPacket 2026-07-14

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Salt Lake City Community Reinvestment Agency Agenda Packet 2026-06-09

PENDING

Salt Lake City Corporation, Utah$51,486,631Jun 9, 2026

Salt Lake City Community Reinvestment Agency Agenda Packet 2026-06-09

PENDING

City of Salt Lake, Utah$51,486,631 (25-year capped tax increment); approximately $22,055,817 net present value if bondedJun 9, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Bcg Tbd Manager Llc was awarded this financial services contract by Salt Lake City Corporation, as recorded on July 14, 2026.

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 Salt Lake City Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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