Fort Collins approves $2.1 million in rebates for Woodward

FORT COLLINS — Woodward Inc. will receive $2.1 million in rebates of use tax and development fees, following final approval this week by the Fort Collins City Council.

On a 4-3 vote, with council members Bob Overbeck, Ross Cunniff and Kristin Stephens dissenting, the council gave second-reading approval to rebating the fees that Woodward (Nasdaq: WWD) paid on its new 101-acre corporate campus on the site of the former Link-N-Greens golf course between Lincoln and Mulberry avenues and east of Lemay Avenue.

The council gave initial approval to the rebate at its May 5 meeting.

The…