Corridor Preservation Fund
Utah State law allows Counties of the First Class (Salt Lake County only) to levy a $10 vehicle registration fee, $3 of which is then placed into the Salt Lake County Local Corridor Preservation Fund. The Local Highway and Transportation Corridor Preservation Fund shall only be used to preserve a highway or public transit corridor that is right-of-way. Corridor preservation corridors may include active transportation projects provided that they are associated with a road.
The Salt Lake County Council of Governments (COG) has the responsibility to review applications for monies from the Fund from the various jurisdictions within Salt Lake County. Upon approval by the COG, these applications are submitted to the Salt Lake County Council for their ratification.
Application Deadline: Monday April 10, 2023
Contact: Vanessa Nelson, vmnelson@slco.org
There are a variety of planning tools that can be used by local governments. These tools basically fall into three categories:
- Acquisition
- Exercise of planning and zoning powers
- Voluntary agreements and governmental inducements
The latter two offer some distinct advantages from a monetary standpoint, as they may not require outright fee simple acquisition of properties.
Some examples of tools that offer interim corridor protection are: option to purchase, official map, General (Master or Comprehensive) Plan designation, concurrency ordinances, zoning and subdivision controls; development agreements, annexation agreements, voluntary developer reservation, access management and control, and density transfers within the parcel for which development is proposed.
Some examples of permanent preservation tools are: fee simple acquisition, development easements, landowner donation, exchange of property, private land trusts, impact fees, exactions, recoupment ordinances, set-back ordinances, transfer of development rights, and development agreements.
Policies
Regionally Significant Definition
Regionally significant project means a transportation project that is on a facility which serves regional transportation needs, such as access to and from the area outside of the region, major activity centers in the region, major planned developments such as new retail malls, sports complexes, etc., or transportation terminals, including at a minimum all principal arterial highways.
If you have questions regarding the Corridor Preservation Fund, contact Vanessa Nelson at vmnelson@slco.org or 385-468-4854.