Comment on Denver City Council approves groundwork for Emily Griffith project subsidy

Denver City Council approves groundwork for Emily Griffith project subsidy

Denver has laid the groundwork to kick in tax money as part of the redevelopment of downtown’s former Emily Griffith Opportunity School block. The City Council in a block vote Monday approved a cooperation agreement between the city and the Denver Urban Renewal Authority for the use of tax-increment financing, which would divert property and sales taxes resulting from the growth in valuation on the site in coming years.

 

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