PROJECTBUDGET PLANNING

700 North CDA land purchase bonds

City of Lindon
Detected
Nov 2, 2026
5 days ago
Sector
Capital Projects
Est. value
Free account
Detected 5 days agoNov 2

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From the meeting

At its November 2, 2026 meeting the council adopted Resolution #2026-40-R authorizing an Interlocal Sales Tax Pledge Agreement tied to the 700 North property purchase. The resolution covered the issuance of not more than $8,000,000 in Sales Tax and Tax Increment bonds for land acquisition and related improvements in the 700 North CDA. The city set a public hearing for November 16, 2026 and the notice said the bond proceeds would finance the project, reserve fund if needed, and issuance costs.

Decision state: approved parameters and hearing notice.

Meeting date
November 2, 2026
Agency
City of Lindon

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