Manti approves ordinance to create Community Reinvestment Agency

The Manti City Council voted Sept. 9 to create a Community Reinvestment Agency (CRA) under provisions of Utah law.

Council members described the CRA as "a good tool for the community to have in its pocket" to support redevelopment and economic projects. The ordinance was presented by the city attorney and approved by the council by voice vote with no opposition recorded in the public meeting transcript.

City staff did not specify project-by-project financing in the meeting; members said the CRA would be available for future use as a financing and redevelopment mechanism under state statute. Council directed staff to proceed with the ordinance implementation steps and to advise council on any projects brought forward under the new agency.