Carta

Project Name

Giants

Date Announced

4Q 2017

“We are excited to be partnering with Salt Lake City and GOED to bring 464 jobs to the Beehive State,” -- Henry S. Ward, CEO of Carta.

Jobs

464

Investment

$5.7 million

Incentives

Carta may earn up to 20 percent of the new state taxes they will pay over the five-year life of the agreement in the form of a post-performance Economic Development Tax Increment Finance (EDTIF) tax credit rebate. As part of the contract with Carta, the GOED Board of Directors has approved a post-performance tax credit rebate no to exceed $1,147078. Each year as Carta meets the criteria in its contract with the state, it will earn a portion of the total tax credit rebate.