Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Colorado |
Effected Jurisdiction: | City of Aurora |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2019 |
Program name: | Various Tax Incentive Agreements |
Program purpose: | Retail development |
Statutory authority: | City Council Ordinance |
Abating jurisdiction(s): | City of Aurora |
Applicable taxes: | Use Tax; Sales Tax; Personal Property Tax |
Method of abatement: | Abatement |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $2,968,443 |
Reimbursement / offset: | $0 |
Net revenue loss: | $2,968,443 |
Type of loss: | Active |
Additional notes on dislosure: | Disclosed in commitments; the number is the amount paid to date. At December 31, 2019, the city had development incentive agreements with Town Center at Aurora and the developers of Pacific Ocean Marketplace Aurora, Serenity Ridge Marketplace and Aurora Crossing |
Document source: | https://www.auroragov.org/cms/One.aspx?portalId=16242704&pageId=16401536... |