Dacono debts climb higher

GREELEY — Documents on file with the Weld County Clerk and Recorder’s Office suggest more than $83 million has flowed into the proposed Dacono Factory Stores project.

But questions outnumber answers about the 26 deeds of trust, one guaranty and four unsecured promissory notes found filed under the name Oxford Development LLC, the Arizona-based backers of the project. Specifically, how much money went into the project, and why isn’t there an outlet mall?

The deeds of trust represent the secured investors in the project. The Arizona Corporation Commission — which in June ordered restitution of $9.35 million against three Arizona men involved…