Grantsville Approves Tax-Sharing MOU With UIPA
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Description
Grantsville City Council approved a Memorandum of Understanding with the Utah Inland Port Authority governing the return of sales and use tax revenues from the Twenty Wells Inland Port Project Area. The agreement sets up monthly reporting and remittance procedures and will run for the life of the project area unless terminated earlier.
Contract Details
Vendor
UTAH INLAND PORT AUTHORITY
Agency
City of Grantsville, UT
Contract Type
FINANCIAL_SERVICES
Document Date
April 15, 2026
Contract Term
From Effective Date in 2026 for duration of the Twenty Wells Inland Port Project Area, unless earlier terminated
Renewal Info
Agreement begins on the 2026 Effective Date and continues for the entire duration of the Twenty Wells Inland Port Project Area, unless UIPA terminates earlier due to project dissolution or public interest concerns. Amendments require written consent of both parties.
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