Loveland City Council approves Natural Grocers
Editor’s note: This report was updated to clarify the nature of the financial arrangement.
LOVELAND — The Loveland City Council has approved a sales tax rebate program negotiated by the Downtown Development Authority that will enable Vitamin Cottage Natural Food Markets Inc. to place a Natural Grocers store at 745 N. Lincoln Ave.
The council voted 7-1 in favor of permitting the rebate, with Mayor Jacki Marsh voting against the measure and councilor Richard Ball abstaining.
The deal would rebate up to $500,000 in sales tax revenue to Natural Grocers over a period of 10 years; the rebate would reimburse the grocer for…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
A zoning request the Johnstown Town Council rejected earlier this year won their favor Monday…
-
Voters in Loveland will get to decide in November whether to raise the sales tax…
-
An attempt by the city of Loveland to impose an additional 1% sales tax to…
-
The Larimer County Department of Natural Resources has made some grants available for nature-based neighborhood…
