SB205 has passed the Senate today with amendments that clarify that RDA runds can’t be used to pay the debt service of a bond created by an interlocal agreement. The intent is that cities will not be able to funnel RDA money to pay off any existing bonds from UTOPIA…. Continue reading
As I normally do when attending government meetings, I’ll be liveblogging the entire affair. Today the Senate Revenue and Taxation Committee will be considering SB205, a bill that makes modifications to redevelopment agency funds. Upon a closer examination, it looks like it will do two things that can affect UTOPIA:… Continue reading
SB205 will be heard before the Senate Revenue and Taxation Committee this Friday the 20th at 2PM. For those of you planning on going to Brigham City, that doesn’t leave much in the way of time to make it down for the hearing, especially since it will be the first… Continue reading
SB205 has been assigned to the Senate Revenue and Taxation Committee. There is currently no hearing scheduled during which it could be heard, so keep your eyes on their schedule for changes. It will be critically important that as many of us as possible appear at the hearings to speak… Continue reading
The text of SB205 became available a few short moments ago and, as currently worded, would ban the use of RDA funds on telecommunications projects. (See lines 651-3.) The bill is a direct response to Centerville’s attempts to build out fiber optics infrastructure in the city to promote next-generation networks…. Continue reading
Centerville is getting closer to using RDA money to build a fiber hub in the city even as the threat of Sen. Bramble’s RDA amendments loom. The city council was unanimuous in voting to draft final documents to make it all happen. Once built, it would rescue about $2M worth… Continue reading