INTRODUCTION OF PROJECT. The Okhahlamba Local Municipality utilizes its website to display the municipal strategic documents, policies, agreements and contracts. In addition, vacancies, tenders, councilors agenda and councilors meeting resolution on the municipal website. The appointed service provider will be responsible for the redeveloping of website, hosting of website, technical support of website and establishment of web portal that will be containing users with their usernames and password for logging on to portal, on the municipal website. This project will be for a three (3) year period.
INTRODUCTION OF PROJECT. The benefit analysis analyzes the potential increment generated through personal and real property development and sales and use tax revenue generated from the project area. It identifies the net benefit or loss to the Agency and Lehi City. The proposed project includes 2.952 acres to be developed as the Garff Porsche Audi Dealership that will include 36,419 square feet of enclosed dealership and attached service department with the rest of the property asphalted for car display and storage. This development is consistent with the Lehi City General Plan and Planning and Zoning Ordinances. This development is intended to serve the Lehi City residents in providing needed services and retail options for the area. The overall benefit and investment brought to the project includes sales and use tax generation, higher and better use of vacant land and public infrastructure. Per Utah State Code 17C-5-307(2) there will be a 10% set aside for low to moderate income housing and or projects that will benefit low to moderate income housing. This analysis contemplates private investment in the proposed project area to be estimated at $4.444 million. The overall taxable personal and real property value will be approximately $5,600,000. The proposed dealership is anticipated to generate $38,000,000 annually in sales. Sales and use tax generation is estimated to be 1% or $380,000 annually. The economic benefit resulting from the construction of the project includes; both short term and long term employment opportunities, local purchases of goods and services by local residents and employees constructing the development, purchase of utilities and increased tax revenue to the state and local governments. This report identifies the potential tax revenue that may be generated from an increase in personal and real property value and increase in sales and use tax from retail sales resulting from the development.
