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The County Council seems likely to follow the planning commission recommendation and formalize its protest.
Then, the to-be-created Boundary Commission is likely to include two county officials, two Holladay officials and three people who are jointly approved.
A financial analysis of the ongoing effort to annex the Olympus Hills neighborhood into Holladay found that:
» About 1,357 households are located in the 400-acre area
» The 3,655 people living there would increase Holladay’s population by 14 percent
» Almost exclusively residential, the area has a small commercial strip at 2900 E. 4430 South that employes 24 people
» Projected revenues to the city of $1.1 million annually are likely to be offset by costs of $1.2 million
Source: Zions Bank Public Finance
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