City Weighs Sewer Upsizing Reimbursement to BZI Innovation Park

Reimbursement share estimated at $764,805.67 from Cedar City for 30" sewer main upsizing; total upsizing cost $1,279,153.15 for City and County; combined sewer and lift station upsizing reimbursement estimated at $2,859,927.54 shared by City and County

FACILITIES

City and County reimbursement obligations to be paid in part within 30 days of acceptance, with remaining balances payable annually and any unpaid balance due in full within 5 years of the Effective Date

2031-08-01

Reimbursement obligation structure includes an initial payment within 30 days of acceptance and annual payments using impact fees, with any unpaid balance from each government entity becoming due in full within five years of the Effective Date.

AgendaPacket