HomeMy WebLinkAboutMotion Sheet - 3/10/2026Item C5
COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
451 SOUTH STATE STREET, ROOM 304
P.O. BOX 145476, SALT LAKE CITY, UTAH 84114-5476
SLC.GOV/COUNCIL
TEL 801-535-7600 FAX 801-535-7651
MOTION SHEET
COMMUNITY REINVESTMENT AGENCY of SALT LAKE CITY
TO:Community Reinvestment Agency Board
FROM: Kate Werrett
Budget & Policy Analyst
DATE:March 10, 2026
RE: MOTION SHEET – NWQ, LLC PHASE IV TAX INCREMENT REIMBURSEMENT
REQUEST
MOTION 1 – ADOPT RESOLUTION
I move that the Board adopt a resolution adopting the NWQ, LLC Phase IV Tax Increment
Reimbursement Agreement.
Optional Intent:
I further move that it is the intent of the CRA Board that the tax increment funds provided to NWQ,
LLC under this reimbursement agreement are intended solely to support warehouse development
and associated warehouse public infrastructure as outlined in Exhibit A, and that these tax increment
funds are not intended for any other category of development or uses.
MOTION 2 – NOT ADOPT
I move that the Board not adopt the resolution.