The Utah Inland Port Authority (UIPA) board on Thursday approved an enhanced tax-sharing agreement for The Crossing, a Public Infrastructure District (PID) within the Skyline Corridor Project Area. The move clears the way for critical infrastructure investments in Ephraim.
The board increased the tax differential share for The Crossing PID from 80 percent to 90 percent, unlocking funding for roads, water, and sewer systems to support the 300-acre Camino Verde master-planned community. The project will include a 40-acre retail town center, new housing, and industrial space—aimed at bringing jobs and retaining graduates from nearby Snow College.
While developers have already secured major partners—including Intermountain Health—they faced a $15 million infrastructure cost and were only able to raise $7 million through traditional bonding. UIPA’s increased support through the PID fills that $8 million shortfall, allowing the project to move forward.
PIDs are financing tools that allow infrastructure costs to be paid over time using future tax revenues generated within the project area—without upfront costs to cities or the Port Authority.
“We’re grateful for UIPA’s flexibility and partnership,” said Jenna Draper,Associate Vice President of Regional Project Area Development at UIPA. “This decision allows us to move forward with infrastructure our community needs and positions us for long-term success.”
The approval reflects UIPA’s commitment to creative, responsive tools that support sustainable development throughout the state. The Skyline Corridor Project Area is one of several UIPA-designated zones designed to bring infrastructure, investment, and opportunity to rural Utah.
Author: Nick Archambault
Date: 07/01/25