The Redevelopment Agency of Provo City has scheduled a public hearing to discuss the draft amended project budget for the 2025.1 Lakeview Parkway Community Reinvestment Area. The meeting is scheduled for October 6, 2026, at 5:30 p.m. in the Council Chambers of City Hall, located at 445 W. Center Street, Provo, Utah.
The purpose of the hearing is to allow public comment on the draft amended project budget and to determine if the budget should be revised, approved, or rejected. During the hearing, the board will also receive all oral and written objections to the draft amended budget.
The Agency has requested $3,222,487 in property tax revenues generated by development within the Lakeview Parkway CRA. These funds are intended to cover extraordinary project costs at the Epic Sports Park commercial development site, specifically for infrastructure improvements, grading, fill material, and public infrastructure improvements.
Under the current plan, a portion of sales tax revenue resulting from point-of-sale transactions in the project area will be paid to the Agency for project area development rather than to the original taxing entity. The Agency stated that the adoption of this budget will not increase property taxes within the project area and will not provide the Agency with eminent domain power.
The draft project budget is available for inspection at the Agency offices, located at 445 West Center Street, Ste. 200, Provo, Utah, during regular business hours from Monday through Thursday, 7 a.m. to 6 p.m. Individuals requiring special accommodations for the meeting may notify the Provo Council Office at 445 W. Center, Provo, Utah, 84601, via phone at 801-852-6124 or email at kmartins@provo.org.
