On Sept. 16th City Council passed a Resolution stating the following:
The city council hereby directs city staff to include all impacted taxing entities in the financial discussions for any development project, which may utilize tax increment financing through the city’s urban renewal authority, to ensure that no urban renewal project moves forward without the full support and approval of all impacted taxing entities.
Arapahoe County has just weighed in, which is required by law, and they have said No! We don’t know what this means but we know that the Resolution states that without their full support and approval no urban renewal projects will move forward. We shall see!
To read the letters follow the links.
141028 Ltr BoCC to Littleton re Columbine Square URA
141028 Ltr BoCC to Littleton re Sante Fe URA
Filed under: General, Littleton City Council, Urban Renewal - LIFT | Leave a comment »