HTRZ Reimbursement Agreement Planned for Thanksgiving Station
City of LehiCity · Lehi, UT- Disclosed value
- Up to $122,144,769.00 in aggregate tax increment reimbursements
- From agreement
- Document date
- Oct 20, 2026
The 30-second brief
Lehi City and the Lehi City Redevelopment Agency authorized a framework for a future participation agreement with Thanksgiving Station Development Partners, LLC. The agreement would reimburse eligible Thanksgiving Point project costs with HTRZ tax increment funds, subject to a $122.144 million aggregate cap and collection periods of up to 45 years.
Thanksgiving Station Development Partners LLC holds this contract with City of Lehi.
Term as filed: 45-year total collection period; up to 25 full calendar years per parcel.
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Contract details
- Amount
- Up to $122,144,769.00 in aggregate tax increment reimbursements
- Document date
- October 20, 2026
- Term
- 45-year total collection period; up to 25 full calendar years per parcel
- Agency
- City of Lehi
- Source document
- Lehi City Agreement Thanksgiving Point Housing Transit Reinvestment Zone Interlocal Agreement 2026-10-21 (Agreement)
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Questions about this contract
Who was awarded the government contract by City of Lehi?
Thanksgiving Station Development Partners LLC was awarded this government contract by City of Lehi, as recorded on October 20, 2026. The contract value is Up to $122,144,769.00 in aggregate tax increment reimbursements.
How much is the Thanksgiving Station Development Partners LLC contract with City of Lehi worth?
The Thanksgiving Station Development Partners LLC contract with City of Lehi is valued at Up to $122,144,769.00 in aggregate tax increment reimbursements.
What type of contract is this?
This is a government contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Lehi City Agreement Thanksgiving Point Housing Transit Reinvestment Zone Interlocal Agreement 2026-10-21 (Agreement), dated October 20, 2026 from City of Lehi. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Thanksgiving Station Development Partners LLC hold?
Thanksgiving Station Development Partners LLC 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 Lehi currently buying?
Explore City of Lehi's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.