In a move to boost development within its boundaries, the Community Reinvestment Agency of Weber County has secured a trinity of agreements that lean into the realm of what we might call bureaucratic synergy. As reported by Weber County, these Interlocal Agreements with Weber County, the Weber School District, and the Weber Fire District open a financial spigot to funnel a slice of tax increment revenues into the Chromalox Community Reinvestment Project Area over the next decade or so.
The essence of these deals is such the agencies are permitting the Community Reinvestment Agency to dip into property tax increment revenues that are generated within a specific zone tagged for economic revival and nurturing. Over the term of ten years for the school and fire districts, and fifteen for Weber County itself, they've essentially crafted a handshake that signals a collective yes to shoveling funds into the belly of the Chromalox Community Reinvestment beast. According to the documents cited by Weber County, the failure of the Agency to adopt the laid-out plan and budget, or the Weber County Commission to chisel it into ordinance, would render these financial plans null, effectively turning the foresighted handshake into a retractable wave.
Breaking the government-speak down to brass tacks, these agreements are a big deal for the local development scene, and potentially, for public scrutiny. Keeping with its commitment to transparency, the Agency has made these documents available for any set of eyes willing to burn their daylight hours at its offices on Washington Blvd., or those of the taxing entities, all during a very officious and orderly locomotion of Monday to Friday, from 8:00 am to 5:00 pm. This is the municipal machine at work, no flash, all paperwork, and signatures that chart a course for the community's fiscal future.
Paper chasers with an eye for municipal plans and public funds distribution can dive into the nitty-gritty of these Interlocal Agreements. That's thirty days of public access to peruse, ponder, and perhaps even prod at the finer points of this legislative liaison. And, if one really must know how the development gears are greased, they can station themselves at the aforementioned place of business to dissect every clause and subclause. With any consortium of government entities, the devil, as they say, tends to lurk in the details, and this instance is no different.
