The intergovernmental agreement between Delta County and the Delta Urban Renewal Authority (DURA) has been finalized, but it came down to the wire. On the evening before a 30-day extension was set to expire, the DURA board officially accepted the most recent proposal from the county.
The county agrees to submit 100 percent of the property tax increment generated in the plan area, but made several substantial changes to the rest of the agreement:
• The county has withdrawn its request for a second seat on the board. According to the minutes of the Sept. 11 DURA meeting, Tom Huerkamp said he would not resign the seat the county was eyeing. Huerkamp was appointed by Mayor Ed Sisson as the ninth member of the board, creating the odd number of members required by state statute. The board is made up of five Delta City Council members, Huerkamp and three representatives from the other taxing entities -- Delta County, the school district and an individual who represents the smaller taxing entities participating in the tax increment revenue agreement.
• The county will consider appropriating, on an annual basis, the county sales tax revenue generated in Phase 1 of the project area, specifically the 10-acre site designated for hotel development. Participation starts at 100 percent and declines 12.5 percent every five years, ending at 50 percent.
• If DURA has not issued bonds or otherwise initiated the project within five years, the agreement will be terminated and DURA shall return to the county any funds that have been collected. The county has no interest in funding city urban renewal projects outside of the hotel development, county commissioner Don Suppes said after the meeting.
• The county's agreement to share sales tax will cease if DURA or the city acquires any property for the project by eminent domain.
The agreement was approved 8-1, with the understanding White would be tweaking some of the legal language with the county attorney. Gerald Roberts cast the "nay" vote because he wanted to see the completed agreement.