Shaun Menchaca

Shaun Menchaca

POCATELLO — Idaho Central Credit Union has purchased a 1.58-acre lot within the planned Northgate multi-use development in the city’s northeast corner.

A spokeswoman for the credit union said the organization’s president and CEO, Kent Oram, has no immediate plans to develop the ground.

The City Council is scheduled to vote at its 6 p.m. May 2 meeting at City Hall on creating a tax increment financing district for the Northgate project. The TIF district would freeze property values for taxing purposes at levels before development.

Tax revenue resulting from the difference between the frozen value and the actual value, called an increment, would be diverted from the general tax rolls and used to pay back public infrastructure improvements made by the developers over a period of 20 years.

Officials with Portneuf Health Trust, who have announced plans to build a 20-acre development at the heart of Northgate, say they’re still not ready to commit to a timeline for starting work on a Northgate medical campus.

“We just aren’t far enough in the process to talk about specifics of timelines,” said Shaun Menchaca, president and CEO of the Portneuf Health Trust.

The facility would be operated in partnership with Portneuf Health Partners to “bring a full array of coordinated outpatient services to northern Pocatello and Chubbuck, improving access to those services for a significant part of the valley’s population.”

In other Northgate news, a property owner who sold land for the project has filed a civil suit in Bannock County court, naming several defendants, regarding ownership of just over an acre of property within the project boundary.

Robert Hart brought the case on March 15 against Portneuf Development LLC, Town Center JV, Millennial Development Partners LLC, Portneuf Health Trust Inc., James Hart, David Hart, Pioneer Title Co. and John Does 1-20.

According to the civil filing, three large parcels of land within the project were initially surveyed in 1875. The plaintiffs have requested that a 1016 survey conducted by Keller and Associates be used as the survey of record, which would slightly expand the plaintiff’s property involved in the development. One parcel would be adjusted by 0.29 acres, a second parcel would be adjusted by 0.09 acres, and a third parcel would be adjusted by 0.98 acres.

Buck Swaney, senior partner with Utah-based Millennial Development, said the filing is a simple matter of “cleaning up a survey overlap.”

“We all completely agree with the process. We all completely agree with the outcome. There is no conflict whatsoever,” Swaney said.

Swaney said work on a Northgate interchange from Interstate 15, which will provide new access to that part of town, is ahead of schedule. And he and his partners are continuing their marketing efforts and working with several interested groups. Road construction and excavation is underway, mostly of the residential area “south of the gully,” Swaney said.

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