August 4, 2006

Use-tax rebate no longer part of incentive program

BOULDER – A long-awaited program to offer business incentives to Boulder companies could launch as soon as October.

But unlike the initial program presented at the March 9 city council study session, an across-the-board use-tax rebate is no longer on the table, and general fund dollars are no longer being allocated to the program.

City staff presented the revised program to city council for a first reading Aug. 1. The second reading, which includes a public hearing, will be Sept. 5. If approved on that date, it would become effective in 30 days.

The pilot program, which would run through 2007, would target…

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