Millcreek Community Reinvestment Agency Minutes May 11, 2026
CRA Continues $100,000 Annual Payments to St. Mark's Hospital
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Description
Millcreek Community Reinvestment Agency continues annual payments of $100,000 to St. Mark's Hospital under the Med Tech project area agreement, spanning 10 years. The agreement is funded from tax increment revenue as part of the project's obligations.
Contract Details
Contract Amount
$100,000 annual payment for 10 years
Vendor
ST. MARK'S HOSPITAL
Agency
City of Millcreek, UT
Contract Type
OTHER
Document Date
May 11, 2026
Contract Term
10 years
Renewal Date
2036-06-30
Renewal Info
Obligation is for a 10-year period; no mention of renewal or extension options. Payments to be made annually through the term as part of the Med Tech CRA project area commitments.
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