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Wasatch County Open Space Bond

Posted On
Oct 15, 2018

This November Citizens of Wasatch County have an opportunity to vote on a bond to preserve open space. This bond has many different aspects to consider. Take a few moments to get familiar with what is being proposed.

On Tuesday, October 15, the Chamber of Commerce will host an informational meeting on the open space bond after our regular chamber luncheon. The meeting will take place around 1 pm in the basement level of the UVU Wasatch Campus. Everyone is invited to attend to learn more about the costs of such a bond on a local homeowner and business owner. Here is an example of some typical costs of an open space bond.

Cost of Bond to Taxpayers

  • A primary residence valued at $300,000 = $19.97 per year for the $10 million bond (*Half this amount for the first $5 million increment).
  • A commercial/secondary residence valued at $300,000 = $36.30 per year for the $10 million bond (*Half this amount for the first $5 million increment).
  •  As the population grows, and the assessed valuation of Wasatch County increases in the next 20-30 years, these individual costs will decrease.

For a downloadable flyer about open space click here.  Review the official language of the bond here.

More information can be found at https://www.wasatchopenspacebonds.org/.