Economy & Economic Development  July 15, 2011

Solutions sought to stem losses at Ranch

LOVELAND – Larimer County officials are looking for ways to reduce a cash bleed at The Ranch that’s costing county taxpayers more than a half million dollars a year.

The situation at the county’s fairgrounds and events center in east Loveland has been driven primarily by debt and expenses connected with the McKee 4-H, Youth and Community Building, which opened in 2006. The building was largely funded with a $3.3 million loan from the county’s Solid Waste Department, and that’s now costing the county $200,000 a year in principal payments and another $40,000 in interest.

The problem is that the building is…

Sign up for BizWest Daily Alerts