Should the Utah Code allow CDA/RDA’s to take money away from schools? This was printed Oct. 22, 2014. “The CDA proposal calls for Woodbury Corporation, the owner of the University Mall, to receive a 75% tax break for 20 years on all new property tax revenues that come as a result of the mall property being renovated. Estimates are that Woodbury could see a $63 million tax break, $44 million of which will be diverted away from the Alpine School District throughout the life of the CDA.”
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