Banking & Finance  April 26, 2023

Loveland Urban Renewal Authority approves four tax-sharing agreements

This rendering, looking northeast, shows the museum concept, hotel and, on right, the office building complex, all built around the center green. Courtesy McWhinney.
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LOVELAND — Members of the Loveland Urban Renewal Authority board voted to ratify four intergovernmental agreements setting up a financing mechanism for the yet-to-be-approved Centerra South development.

In votes of either 9-3 or 10-2, the LURA board confirmed the agreements that had been negotiated with the Thompson School District, the Thompson Valley Health Services District, the Northern Colorado Water Conservancy District and the city of Loveland. LURA commissioners Jody Shadduck-McNally and Jackie Marsh voted against all four. Commissioner Steve Johnson cast a vote against the school district agreement, and commissioner Jon Mallo voted against the city of Loveland agreement.

The vote to…

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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.
Categories: Today's News Banking & Finance Government & Politics Real Estate & Construction Sunday Weekly Centerra South Loveland Urban Renewal Authority McWhinney Real Estate Services Inc. Northern Colorado Water Conservancy District Thompson School District Thompson Valley Health Services District
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