Loveland may commit more revenue sharing to Centerra South

LOVELAND — To make up for the nonparticipation of Larimer County in the urban renewal area that will comprise the Centerra South development, Loveland will increase its financial commitment and reduce the amount of public infrastructure that can be paid from revenue sharing.

During Tuesday meetings of the Loveland Urban Renewal Authority and City Council, both bodies will be asked to sign off on a master finance agreement that will support millions in public infrastructure costs. But the plan has changed since the council last saw it.

Instead of covering $155 million in infrastructure costs as originally envisioned had Larimer County agreed…