Local News
Provo, Springville negotiating a tax-share agreement for Clyde development
After Springville approved a tax-sharing agreement for a 31-acre Clyde Companies development on the Provo-Springville border, amendments approved by the Provo City Council on Tuesday are prompting Springville officials to review the deal. The mixed-use development near U.S. 89 and 1400 North in Springville would have all the residential space in Provo and most of the retail and office space in Springville. That means more potential sales tax revenue and higher projected annual revenue for Springville City. Provo officials previously stated they needed a tax share to support the ...
