Longmont Council Approves Debt Plan for Mall

The Longmont City Council approved a plan to allocate $27.5 million toward redeveloping the Twin Peaks Mall. The investment will come in the form of city-issued debt that would be repaid over 25 years. Longmont expects to receive about $92 million in new tax revenue over that quarter-century, not including the repayment of the debtContinue reading “Longmont Council Approves Debt Plan for Mall”