August 2, 2023

Brighton extends incentives to lure Olive Garden

BRIGHTON — In a move somewhat unusual in economic development circles, the city of Brighton has extended incentives to lure an Olive Garden restaurant to the Adams County seat.

In a deal approved Tuesday night, the city agreed to rebate half of the restaurant’s sales tax payments over eight years up to a maximum of $200,000. It also agreed to rebate half of what the restaurant would pay in use taxes, estimated at $32,500.

The city would retain the other $32,500 in use taxes and expects to collect about $25,000 annually in its share of the sales taxes during…

Ken Amundson retired from his position as managing editor of BizWest in May 2024 but has come back on a limited basis to report business news in Northern Colorado and the Boulder Valley. 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 north of Denver. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.

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