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: | 2021 |
| 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: | $697,262 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $697,262 |
| Type of loss: | Active |
| Additional notes on dislosure: | At December 31, 2021, the city had development incentive agreements with the developers of Pacific Ocean Marketplace Aurora and Aurora Crossing. Total potential allocable revenue which is solely and exclusively payable from the incremental revenues collected on the project is $2,348,349 and paid to date is $697,262. |
| Document source: | https://www.auroragov.org/cms/One.aspx?portalId=16242704&pageId=16401536... |
