The GOED board's executive summary for Valar Atomics Inc. (9 July 2026) adds to csite-024 and gov-033: timeline '2026'; Emery County (county class 5); capital investment $1,299,110,000; 275 full-time jobs at an average wage of $137,567; projected new state wages of $337,864,790, new state revenue of $213,474,999 and withholding of $11,402,937 over 10 years. The credit is 50% of new incremental state tax revenue above the prior 12-month baseline, paid yearly after the revenue is received, capped at $106,737,499, with a contractual recapture of any excess. Conditions: meet the job projections at 100% of the county average wage, keep the operation in Utah for the 10-year incentive period, count only jobs and revenue created after board approval, and get a local incentive proposal approved by GOED's Incentives Committee, since incentives are 'site specific and subject to local incentive participation'. The company overview says Valar aims to power data centers, hydrogen production and synthetic fuels from 'gigasites'. Set beside the record: on 7 April 2026, asked what incentives the county had given Valar, the answer recorded was 'None', and a commissioner added that Valar had 'not even asked' for a tax incentive (gov-033); the state credit cannot be earned without a local incentive, and none for Valar had been found on county agendas through September 2026 (gov-033); in April 2026 Valar said it employed 120 people in Emery County, many not living in Utah (loc-004). The capital figure covers far more than the one test reactor described to residents in 2025 (orig-045).

• GOED Public Board Materials, July 9, 2026: GOED Board Executive Summary, Valar Atomics Inc. (Board of the Governor's Office of Economic Development (Utah Public Notice Website), 2026-07-09) primary government “Incentives are site specific and subject to local incentive participation.”
• GOED Public Board Materials, July 9, 2026: Proposed Motion (Valar Atomics Inc.) (Board of the Governor's Office of Economic Development (Utah Public Notice Website), 2026-07-09) primary government “Must commit to keep operation in Utah for the length of the incentive period”