City of Saratoga Springs CDRA Meeting Agenda Packet May 2026
CDRA budget funds final Costco reimbursement
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Description
The CDRA continues its reimbursement agreement with Costco for area improvements, funded through a tiered sales tax mechanism. The FY 2025-2026 budget includes the remaining amount owed, with payoff projected earlier than originally expected.
Contract Details
Vendor
COSTCO
Agency
City of Saratoga Springs, UT
Contract Type
OTHER
Document Date
May 5, 2026
Renewal Info
Ongoing reimbursement agreement under which Costco is repaid for improvements via tiered sales tax; projected to be fully paid off earlier than initially scheduled.
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