Littleton Voters Will Have to Approve Urban Renewal

Littleton voters approved ballot measures reforming urban renewal in the City following a special election, making it the only Colorado municipality to require voter permission for urban renewal. Voters will have to approve the use of tools such as tax increment financing or eminent domain. The initiative’s supporters, Your Littleton Your Vote, argued that LittletonContinue reading “Littleton Voters Will Have to Approve Urban Renewal”

Longmont’s Butterball Site Development Plan Unveiled

REALTORS have been speculating about the fate of the Butterball property since the rumors began circulating that the property, which has been on the market for over 2 years, was under contract. In early May a representative of the buyer, 150 Main LLC, met with City Council. He announced the company’s plan is to demolishContinue reading “Longmont’s Butterball Site Development Plan Unveiled”

Late Urban Renewal Bill Introduced

A bill designed to fundamentally change urban renewal financing was finally introduced late in the legislative session (April 11). House Minority Leader Brian DelGrosso (R-Loveland) introduced HB-1375 “Modifications to Statutory Provisions Concerning Urban Renewal” on April 11. Larimer County Commissioner Steve Johnson, who is also the Chair of Colorado Counties Inc.’s Finance Committee, has longContinue reading “Late Urban Renewal Bill Introduced”

Boulder Legislator Wants to Change TIF Regulations

Rep. Dickey Lee Hullinghorst, (Boulder), plans to introduce a law to revise tax increment financing (TIF), which is often used to create or expand businesses, particularly in urban renewal districts. Hullinghorst wants to allow all the taxing jurisdictions, school districts for example, to become involve in the TIF decision-making process. She suspects some projects thatContinue reading “Boulder Legislator Wants to Change TIF Regulations”