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PAB Approved Projects

Following is a list of recipients awarded volume cap allocation for the current year, 2016 and years 2005-2015. If you would like additional information on any of the companies or projects listed below, please contact Roxanne C. Graham, at (801) 538-8699 (W), (801) 580-3317 (C) or roxanneg@utah.gov.

2016 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing Account – $127,207,500

Multi-Family Housing Projects
Granary Place – $12,340,000
New Construction of 134 units – all affordable
Location:  Salt Lake City, Utah
Developer:  JF Capital Properties

The Boulders Apartments – $30,000,000
Rehabilitation of 368 units:  100% affordable
Location:  Provo, Utah
Developer:  Gung Ho Partners

Veranda – $21,478,000
New Construction of 239 units: 100% affordable
Location:  Draper, Utah
Developer:  Wasatch Residential Group

Liberty on Main – $12,000,000
New Construction of 120 units: 60 affordable; 60 market-rate
Location:  South Salt Lake, Utah
Developer:  Cowboy Partners

Liberty Crossing – $3,500,000
New Construction of 157 units: 32 affordable; 125 market-rate
Location:  South Salt Lake, Utah
Developer:  Cowboy Partners

Artesian Springs Apartment, Phase III – $12,000,000
New Construction of 134 units: 120 affordable; 14 market-rate
Location:  Murray Utah
Developer:  Paladin Resources

The Station at Pleasant View – $14,000,000
New Construction of 128 units: 100% affordable
Location:  Pleasant View, Utah
Developer:  Horizon Development

Manufacturing Projects
KIHOMAC East Gate Development – $10,000,000
Construction of New Aerospace Component Manufacturing Facility
Location:  Layton, Utah
Company:  Ki Ho Military Acquisition Consulting, Inc.

Janicki Industries – $10,000,000
Building Acquisition and Equipment Purchase for Aerospace Composite Materials
Location:  Layton, Utah
Company:  Janicki Industries

2015 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing Account – $126,636,300

Qualified Energy Conservation Bonds
Summit County – $4,300,000
Residential Energy Efficiency Loan Program for Qualified Single Family Homeowners of Summit County, Utah

Multi-Family Housing
616 Lofts – $27,001,000
274 units located in Salt Lake City, Utah
Developer – Wasatch Residential Group

2014 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing Account – $124,666,500

Multi-Family Housing
Enclave at 1400 South – $18,475,000
210 units located in Salt Lake City, Utah
Developer – Wasatch Advantage

9th East Lofts – $6,500,000
68 units located in Salt Lake City, Utah
Developer – Housing Authority of Salt Lake City

2013 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing Account – $122,578,500

Multi-Family Housing
Liberty Center Apartments – $19,200,000
175 units located in Provo, Utah
Developer – Cowboy Partners

Liberty Village Apartments – $21,500,000
171 units located in Sugarhouse, Utah
Developer – Cowboy Partners

The Cove at Pleasant View Apartments – $9,000,000
128 units located in Pleasant View, Utah
Developer – Westates

Greyhawk Townhomes – $11,500,000
114 units located in Layton, Utah
Developer – Westates

ECO Loft Apartments – $5,000,000
72 units located in Salt Lake City, Utah
Developer – Housing Authority of Salt Lake City

Manufacturing
Uinta Brewing Company – $2,000,000
Beer Manufacturing Facility
New Building Construction
Salt Lake City, Utah

2012 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing Account – $119,515,200
Student Loan Program – $93,904,800

Multi-Family Housing
Broadway-Heritage Apartments – $3,430,000
56 units located in Tooele, Utah
Developer – Broadway-Heritage Apartments I, LP

Beacon Hills Apartments – $14,515,200
168 units located in Bluffdale, Utah
Developer – Barcelona LLC

Liberty Village Apartments – $17,024,000
171 units located in Sugarhouse, Utah
Developer – Cowboy Partners

Beacon Hills Apartments – additional $2,684,800
168 units located in Bluffdale, Utah
Developer – Barcelona LLC

Liberty Village Apartments – additional $1,976,000
171 units located in Sugarhouse, Utah
Developer – Cowboy Partners

Beacon Hills Apartments – additional $200,000
168 units located in Bluffdale, Utah
Developer – Barcelona LLC

2011 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing Account – $116,684,400
Student Loan Program – $91,680,600

Manufacturing
Agriculture Waste Solutions, Inc. – $10,000,000
Waste-to-Energy Manufacturing Facility
Building and Equipment Purchase
Erda, Utah

Cookietree, Inc. – $5,500,000
Ready-to-Serve Cookies, Brownies and Scones Manufacturing Facililty
New Building and Equipment Purchase
Salt Lake City, Utah

Multi-Family Housing
Traverse Mountain Apartments – $15,975,000
216 units located in Nephi, Utah
Developer – ASWN+

Qualified Redevelopment Projects
Market Station Project – $15,000,000
Retail, Commercial and Office Space
Property Area: 21st South and State Street
South Salt Lake, Utah
City of South Salt Lake Redevelopment Agency

2010 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing Account – $114,985,500
Student Loan Program – $90,345,750

Manufacturing
Agriculture Waste Solutions, Inc. – $10,000,000
Waste-to-Energy Manufacturing Facility
Building and Equipment Purchase
Erda, Utah

Lower’s Foods, Inc. – $3,000,000
Food Processing Facility
Building Expansion and Equipment Purchase
Richmond, Utah

Wellborn Holdings, Ltd. – $7,000,000
Black Wax Crude Upgrading Unit
Crude Oil Catalytic Cracking Equipment
Myton, Utah

Great Salt Lake Brine Shrimp Co-op – $6,800,000
Brine Shrimp Harvesting
Facility Acquisition/Construction
Mountain Green, Utah

Multi-Family Housing
Liberty Commons Apartments – additional $3,500,000
Total Allocation – $17,500,000
209 units located in West Valley City, Utah
Developer – Cowboy Partners

Fireclay Apartments – additional $4,575,000
Total Allocation – $27,575,000
268 units located in Murray, Utah
Developer – Miller Development

State Street Plaza – $19,100,000
165 Units (122 Units Low-Income) located in Salt Lake City, Utah
Developer – Tannach Properties (Ben Logue)

Fireclay Apartments – additional $1,000,000
Total Allocation – $27,575,000
268 units located in Murray, Utah
Developer – Miller Development

2010 Recovery Zone Bond Volume Cap Allocation Awards

Economic Development Category
Davis County – $4,000,000
New County Administration Building/Library
Located in Farmington, Utah

Ogden City – $3,000,000
Downtown Underground Parking Structure
Located in Ogden City, Utah

Bountiful City – $15,000,000
Bountiful City Power – Electric Plant Expansion
Located in Bountiful, Utah

Davis County – additional $7,336,000
Total Allocation – $11,336,000
New County Administration Building/Library
Located in Farmington, Utah

Bountiful City – additional $1,500,000
Total Allocation – $16,500,000
Bountiful City Power – Electric Plant Expansion
Located in Bountiful, Utah

Tooele County – $11,412,000
New County Jail
Located in Tooele, Utah

Facility Category
Legacy Crossing LLC – $9,600,000
LHM Megaplex 14 Screen Theater
Located in Centerville, Utah

Sequoia Development, Inc. – $8,385,000
West Washington Junction Hotel
Located in Ogden, Utah

OSI Industries – $14,732,000
Food Processing Facility Expansion
Located in West Jordan, Utah

OSI Industries – additional $10,044,000
Total Allocation – $24,776,000
Food Processing Facility Expansion
Located in West Jordan, Utah

Larry H. Miller Theatres, Inc. – $6,250,000
Legacy Crossing Theaters – Equipment
Located in Centerville, Utah

Aegis Energy, Inc. – $2,167,000
Auxiliary Power Units Manufacturing Facility
Located in Nephi, Utah

Larry H. Miller Entertainment Theatres, Inc. – $4,500,000
Megaplex Theaters at Thanksgiving Point
Located in Lehi, Utah

Draper Hotel Group LLC/Woodbury Corporation – $10,800,000
Marriott Springhill Suites Hotel
Located in Draper, Utah

Stansbury Crossing/Woodbury Corporation – $7,253,000
Shopping Center Complex
Located in Stansbury Park, Utah

2010 Qualified Energy Conservation Bond Volume Cap Allocation Awards

Utah County – $795,000
Energy Conservation/Facilities Improvement in Public Buildings
Located in Provo and Spanish Fork, Utah

2009 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing Account – $114,773,400
Student Loan Account – $90,179,100

Manufacturing
Tooele Energy Production – $10,000,000
Waste-to-Energy Manufacturing Facility
Building and Equipment Purchase
Erda, Utah

Conductive Composites – $2,000,000
Electrical Conductive Nanomaterials
Building and Equipment Purchase
Green River, Utah

Holt Dairy – $6,000,000
Animal Waste Disposal/Utilization System
Equipment Purchase
New Castle, Utah

Multi-Family Housing
Bingham Junction Apartments – additional $2,200,000
Total Allocation – $20,000,000
213 units located in Midvale, Utah
Developer – Wasatch Advantage Group, LLC

Providence Place Apartments – $9,791,742
125 units located in Salt Lake City, Utah
Developer – Wasatch Advantage Group, LLC

Fireclay Apartments – $22,000,000
268 units located in Murray, Utah
Developer – Miller Development

2008 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing Account – $110,079,900
Student Loan Account – $86,491,350

Manufacturing
Action Target Inc. – $9,000,000
Shooting Range Equipment
Provo, Utah

Triple S Steel – $6,000,000
Steel Product Manufacturing Company
Salt Lake City, Utah

Mountain States Steel – $1,500,000
Structural Metal Fabrication Facility
Lindon, Utah

FiberTek Insulation West, LLC – $10,000,000
Fiberglass Insulation Facility
Nephi, Utah

Printing Technologies, Inc. – $2,000,000
Commercial Printing Company
South Salt Lake, Utah

West Ridge Investment, LLC – $3,500,000
Metal Bar Grating Fabricating Facility
Lindon, Utah

Multi-Family Housing
Liberty Station Apartments – $11,000,000
130 units located in Heber City, Utah
Developer – Cowboy Partners, L.C.

Timber Gate Apartments – $25,000,000
288 units located in Herriman, Utah
Developer – Miller Development

Willow Creek Retirement Community – $11,800,000
152 units located in Draper, Utah
Developer – Village Development, LLC

Bingham Junction Apartments – $17,800,000
213 units located in Midvale, Utah
Developer – Wasatch Advantage Group, LLC

Liberty Pines Apartments – $18,450,000
159 units located in Kimball Junction, Summit County, Utah
Developer – Cowboy Partners, L.C.

2007 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing Account – $107,618,700
Student Loan Account – $84,557,550

Manufacturing
U.S. Holdings, Inc. – $5,000,000
Metal Fabrication Manufacturing Expansion Plant
Ogden, Utah

East Carbonics, LLC – $7,000,000
CO2 Processing Plant
Price, Utah

Conestoga Wood Specialties Corp. – $10,000,000
Finished Wood Products Manufacturing Expansion Plant
Tooele, Utah

Binggeli Rock Products – $2,600,000
Ready-mix Concrete Facility
Heber City, Utah

Mountain States Steel, Inc. – $1,400,000
Structural Metal Fabrication Facility
Lindon, Utah

Litho Flexo Grafics, Inc. – $3,200,000
Printing Company
Salt Lake City, Utah

Holbrook Properties IPC, LLC – $2,546,430
Printing Company
West Valley City, Utah

KPR, LLC – $7,000,000
Ice Cream Manufacturing Facility
Richmond, Utah

Young Electric Sign Company – $6,000,000
Electric and Electronic Outdoor Sign Manufacturing Facility
St. George, Utah

Multi-Family Housing
Broadway-Heritage Apartments – $5,280,000
75 units located in Tooele, Utah
Developer – AmericaWest Affordable Housing, LLC

2006 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing – $122,813,600
Student Loan – $96,496,400

Manufacturing
Intermountain Farmers Association – $4,000,000
Grain Mixing and Processing Facility
Nephi, Utah

Lower Foods – $3,000,000
Food Processing Facility Expansion
Richmond, Utah

Rocky Mountain Pies – $2,500,000
Pie Manufacturing Company
South Salt Lake City, Utah

Local Pages Leasing Company – $2,100,000
Yellow Pages Advertising Manufacturing Expansion
Salt Lake City, Utah

Multi-Family Housing
Providence Place Apartments – $9,200,000
125 units located in Salt Lake City, Utah
Developer – Wasatch Advantage Group, LLC

Murray 4800 Project – $11,100,000
128 units located in Murray, Utah
Developer – Miller Development Company

2005 Private Activity Bond Volume Cap Allocation Awards

Single Family Housing – $121,836,600
Student Loan – $78,929,400

Manufacturing
Utah Stamping Company – $2,500,000
Precision Metal Stamping Products for the Automotive Industry
Clearfield, Utah

Multi-Family Housing
Liberty Commons Apartments – $14,000,000
325 units located in West Valley City, Utah
Developer – Cowboy Partners

Willow Wood Apartments- $4,600,000
77 units located in Logan, Utah
Developer – BWC Holdings