The City and County of Denver ordinance approves a Cooperation Agreement with the Denver Urban Renewal Authority to establish tax increment financing parameters for the Rossonian Project Tax Increment Area and Sales Tax Increment Area. This agreement involves incremental property and sales taxes in Council District 9. The ordinance aims to facilitate development in the area through this financial arrangement.
Details
Subject
tax increment financing for the Rossonian Project
Summary
The City and County of Denver ordinance approves a Cooperation Agreement with the Denver Urban Renewal Authority to establish tax increment financing parameters for the Rossonian Project Tax Increment Area and Sales Tax Increment Area. This agreement involves incremental property and sales taxes in Council District 9. The ordinance aims to facilitate development in the area through this financial arrangement.