June 5, 2014

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Northern Utah Regional Report

June 5, 2014

GARDINER: Zions Bank is very much in the same position. Specifically in Davis and Weber counties, we’re seeing a tremendous growth trend in small business requests. So the entrepreneurial spirit is alive and well. Something that’s happening with the Kaysville location, one of our financial centers, is we’re bringing 200 jobs, relocating some technology for the bank to that area. So at Zions Bank, we also are looking for those opportunities to lend and help the community grow.

Any final comments?

JORGENSON: There has been $2.5 billion in capital improvements along the Wasatch Front as a result of public transit. We just finished the study of Clearfield-Layton circulator, a South Davis connector study that would connect to Salt Lake. We’re looking at a study that would go from downtown Ogden to Weber State University and McKay-Dee Hospital, serving those end destinations.

There are lots and lots of opportunities for us to grow, to get workers to where they need to go, and to get cars off the road. We have to create balance so that we can allow our infrastructure to work.

FLINT: We’re getting calls weekly by prospective businesses to see if they want to locate in Utah. And one of the first questions their consultants ask is, “Is there going to be enough water in the arid West to supply our business?”

Water is rising on that radar screen, and we’re going to be up there with transportation as a potential economic inhibitor here if we don’t stay out ahead of our water development. We tell them all “Yes, please come, we have plenty of water.” But in the next two decades that question is going to be scrutinized quite a bit if we don’t continue to support our development of good water supplies.   

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