Government & Politics  May 19, 2022

Amazon fees paid to Loveland dwarf typical collections

LOVELAND — The city of Loveland has received a large spike in building-permit revenue as a result of the Amazon development at 4625 Byrd Drive in east Loveland.

City financial reports received through an open records request showed that Amazon has paid $15,934,877 so far on its 3.87 million-square-foot warehouse and distribution project. Payments were received each month this year beginning in February, with the largest amount — $14.8 million — received this month in taxes and fees.

The Amazon project fees are not included in the 2022 projected revenue budget for the city because the project was still in negotiations with…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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