NOTICE OF INTERLOCAL AGREEMENTS BETWEEN THE REDVELOPMENT AGENCY OF ROY, WEBER COUNTY, WEBER SCHOOL DISTRICT, ROY CITY, WEBER BASIN WATER CONSERVANCY DISTRICT, NORTH DAVIS SEWER, AND ROY WATER CONSERVANCY DISTRICT

 Pursuant to Sections 11-13-219 and 17C-5-205, Utah Code Annotated 1953, as amended, the Redevelopment Agency of Roy (the “Agency”), Weber County, Weber School District, Roy City, Weber Basin Water Conservancy District, North Davis Sewer District, and the Roy Water Conservancy District (collectively, the “Taxing Entities”) are providing this notice with respect to the Interlocal Cooperation Agreements (the “Interlocal Agreements”) entered into by and between the Agency and the Taxing Entities, wherein the Taxing Entities have agreed to remit to the Agency annually a portion of the property tax increment (TIF) generated within the 1900 Southeast Community Reinvestment Project Area (the “Project Area”) for the purpose of providing funds to the Agency to carry out the Project Area Plan.

The Interlocal Agreements provide that the Taxing Entities will remit to the Agency annually a portion of the Project Area’s TIF. The first payment of TIF from the Taxing Entities to the Agency will occur at the Agency’s written request to the Weber County Auditor’s office, but no later than December 31, 2026.  A summary of the salient terms of the Interlocal Agreements are as follows:

Taxing Entity	Duration	Percent	Estimated TIF
Weber County	20 Years	70%	$4,989,498
Weber School District	20 Years	70%	$14,314,304
Roy City	20 Years	70%	$3,852,453
Weber Basin Water Conservancy District	20 Years	70%	$433,531
North Davis Sewer District	20 Years	70%	$1,214,925
Roy Water Conservancy District	20 Years	70%	$114,224

Copies of the Interlocal Agreements are and will be available for public inspection and copying at the Agency’s offices located at 5051 S 1900 W, Roy, Utah, during regular Agency hours, for a period of at least 30 days following the date of publication of this notice (the “30-Day Period”). During that 30-Day Period, any person in interest may contest the Interlocal Agreement or the procedures used to adopt it, if the Interlocal Agreement or the procedures fail to comply with any applicable statutory requirements.  After the 30-Day Period, no person may contest the Interlocal Agreement for any cause.