FINANCIAL_SERVICESONGOING

City updates CRA tax increment pass-through and supports daylighting project

Salt Lake City adjusts its budget to recognize $4.5 million in higher-than-projected tax increment pass-through revenues for the Community Reinvestment Agency and supports the City Creek Daylighting project alongside state grant funding. The actions align CRA project financing with actual collections and advance urban revitalization work.

Document date · June 9, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$4,536,141 ongoing pass-through true-up; $150,000 prior investment in City Creek Daylighting project cited; $600,000 state ORI grant leveraged
Contract type
FINANCIAL_SERVICES
Renewal
Annual tax increment pass-through true-up process continues for CRA project areas based on actual collections; no fixed end date stated.
Document type
AgendaPacket
Source document
Salt Lake City Council AgendaPacket Formal Meeting 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Salt Lake City Corporation?

Salt Lake City Community Reinvestment Agency was awarded this financial services contract by Salt Lake City Corporation, as recorded on June 9, 2026. The contract value is $4,536,141 ongoing pass-through true-up; $150,000 prior investment in City Creek Daylighting project cited; $600,000 state ORI grant leveraged.

How much is the Salt Lake City Community Reinvestment Agency contract with Salt Lake City Corporation worth?

The Salt Lake City Community Reinvestment Agency contract with Salt Lake City Corporation is valued at $4,536,141 ongoing pass-through true-up; $150,000 prior investment in City Creek Daylighting project cited; $600,000 state ORI grant leveraged, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Salt Lake City Council AgendaPacket Formal Meeting 2026-06-09 (AgendaPacket), dated June 9, 2026 from Salt Lake City Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Salt Lake City Community Reinvestment Agency hold?

Salt Lake City Community Reinvestment Agency may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Salt Lake City Community Reinvestment Agency's profile

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