Cottonwood Heights, UT
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Town Center Bond: Official City Council Statement
Post Date:09/26/2024
Official City Council Statement in Favor of the Town Center Bond
Utah State Code requires that any city proposing a general obligation bond must issue an official statement in favor of the bond. The following is the City Council’s formal statement:
Cottonwood Heights is a community of residents with strong civic pride and stewardship who care about each other and the beautiful outdoors. We value opportunities that foster a strong sense of community where we can come together to celebrate and connect. As your mayor and city council members, we’re excited about a unique opportunity to create a special place for everyone in our city.
The proposed town center, called “The Heights,” will be built at the old Hillside Plaza shopping center, located at 2300 East and Fort Union Blvd. The Heights will offer local dining, shopping, open areas with beautiful mountain views, and events for all ages—like holiday celebrations, farmers' markets, and senior activities. It is a once-in-a-lifetime opportunity to build a lasting identity for Cottonwood Heights that we can all be proud of.
The idea of a town center isn’t new. It’s been part of city plans since Cottonwood Heights became a city in 2005. In 2023, the city bought the Hillside Plaza property to make sure the space is developed in a way that fits our community—mixing different activities, keeping the right building heights, and creating open areas for everyone to enjoy. The bond will help us make this long-time dream come true.
If we approve the bond, the money will be used to pay for important parts of the town center, like open spaces, parking, and other improvements. It will also help us add things that make our city unique, like public art, landscaping, and signs that showcase the Cottonwood Heights way of life. Private development will fund the other spaces of the town center.
The bond creates long-term economic benefits for the city and residents. The money will pay off the city’s purchase of the property, which will save the city $1.2 million each year. By paying off this debt, the city may avoid raising property taxes in the future. Public/private partnerships will add new businesses and development to the city’s economy, generating continuous revenue for the city through land leases, sales tax, and property taxes.
Voting for the bond means investing in the future of Cottonwood Heights. Great communities have places where people can gather and connect, and we believe The Heights can be that place for us. We hope you’ll join us in supporting this bond to make Cottonwood Heights even better.
Submitted by the City Council of Cottonwood Heights, Utah
(No opposing argument was submitted)
The City shall conduct a public meeting on October 1, 2024, beginning at the hour of 7:00 p.m. at 2277 Bengal Blvd., Cottonwood Heights, Utah. The purpose of the meeting is to hear arguments for and against the issuance of the Bonds. ■