Loveland: Foundry Agreement Finalized

By a 7-1 vote with Troy Krenning dissenting, the City Council approved a Disposition and Redevelopment Agreement (DRA) with Brinkman Partners for the development of the Foundry Project in Downtown Loveland. The agreement is the result of nine months of negotiation between the City and the Brinkman Partners with input and participation from the LovelandContinue reading “Loveland: Foundry Agreement Finalized”

Legislative Update

SB 15-135 “Public Bodies and Urban Renewal” CAR Position: Neutral This bill would give counties a “seat at the table” on urban renewal authority (URA) issues – a consistent request of counties for many years – by allowing them the option of appointing a member of a municipal urban renewal authority board. There would beContinue reading “Legislative Update”

Fort Collins Council Approves Mall Financing

The Fort Collins City Council acting as the Urban Renewal Authority approved several resolutions to approve the public financing mechanisms needed to renovate the Foothills Mall. The City will use a complex package of funding instruments, two of which impact property taxes and two affect sales taxes.  The creation of a metropolitan district means increasedContinue reading “Fort Collins Council Approves Mall Financing”