Acting in joint partnership with Carbon County government, Price city has established a new redevelopment area.
Establishing redevelopment districts allows local governments to keep and use tax revenues generated by property owners in the immediate area, indicated city officials.
The new redevelopment area is located in the east part of Price. The redevelopment area starts at the Carbon County landfill, extends along the Airport Road to Main Street and continues down the east side of Highway 55 to 1000 South, explained city officials.
According to Price city, the general overall plans for the recently established redevelopment area will focus on:
Improving the existing public infrastructure. Public infrastructure includes water transmission and sewer lines, power transmission lines, etc.
Providing incentives to property owners to develop and invest in the area.
As the first step in attempting to take advantage of the funding opportunities, private property owners should contact the city's redevelopment agency and make arrangements to discuss proposed projects.
In addition, the residents seeking funding will have to complete applications for redevelopment revenues and return the requests to the agency.
Upon final approval of an application, the city's redevelopment agency will direct funding to the project.
According to Price officials, Carbon County Economic Development is currently in the process of preparing the arrangements for similar redevelopment areas along the Ridge Road corridor south of Price.
In an unrelated matter, Price administrative leaders and elected officials recently attended the Utah League of Cities and Towns conference in Salt Lake City.
Mayor Joe Piccolo will serve as president of the league.
The mayor, council members and city officials attended training sessions that will help improve the services Price residents receive.
Training topics included leadership, land use, community and city administration, water issues, communications and public finance.