Ironton Yards Interlocal Agreement Revision
Springville City
Summary
Springville and Provo restructured their cooperative agreement for the Ironton Yards development, dropping a complicated 15-year tax-splitting formula in favor of a one-time $100,000 payment from Springville.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 21, 2026.
Impact analysis
Springville will issue a single one-time payment of $100,000 from existing reserves.
Both city governments and the developer, who can proceed without administrative delays and complicated bookkeeping.
Mentions & discussions (1)
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