Colorado Legislature might curb multimillion-dollar incentives to big business
“Tax breaks, such as the $53 million Fort Collins has pledged to developers of Foothills Mall, would be more difficult to get in Colorado under legislation expected to be introduced next year. Statewide, nearly $1.4…
Soapbox: Urban renewal fights sprawl, keeps cities vibrant
“Due to the added risk, these types of activities are not where private-sector real estate developers typically want to spend their money. So assistance is often necessary to attract private sector investment, which is necessary…
City still must provide more detail for plans
“Colorado Springs’ application for state funding of four projects under the provisions of the Colorado Regional Tourism Act was duly filed this week with the Office of Economic Development and International Trade, finally going public…
Colorado Springs unveils a tourism proposal full of striking numbers and nagging questions
“Colorado Springs submitted its ambitious $218.6 million tourism tax proposal to the state Monday, shedding more light on Mayor Steve Bach’s plan to build a baseball stadium and an Olympic museum downtown; a wellness center…
City’s tourism grant proposal is no slam dunk
“Colorado Springs was the only city to apply for a state sales tax rebate award, but that does not guarantee the city win the award, or that the tax rebates would be enough to pay…
Colorado Springs to seek $82 million in state rebates for projects to attract tourists
“Colorado Springs is going after $82 million in state sales tax dollars to build the four projects that city leaders believe would transform the city and have a profound effect on development, Mayor Steve Bach…
H.R. 1944, Private Property Rights Protection Act of 2013
“H.R. 1944 would deny federal economic development assistance to state or local governments that exercise the power of eminent domain for economic development purposes or to take property from a tax-exempt entity, such as a…
Fort Collins council backs urban renewal refinance plan
“A proposal to refinance $11 million in debt to repay the city of Fort Collins for loans it has made to the Urban Renewal Authority easily cleared the City Council on Tuesday. The bonds would…
Ackermanville project is just around the curve
“A few years ago, PennDOT bought and demolished the Ackermanville store as part of the effort to remove a hazardous curve on Route 191 in Washington Township. I’ve heard the state has abandoned those plans…
Leaders unite to push rail, eminent domain
“Iowa Reps. Bobby Kaufmann, R-Wilton, and Dave Jacoby, D-Coralville, said Tuesday they’re working on a deal to earn support for two measures that have failed to pass at the Statehouse: $5.5 million in rail funding,…