Winter Park Urban Renewal Authority Meeting Agenda Packet April 2026
URA considers TIF agreement with Library District
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Description
The Winter Park Urban Renewal Authority is considering Resolution 19 to approve a Tax Increment Revenue Agreement with the Grand County Library District, dedicating 100% of the district’s general fund property tax increment within the plan area to the Authority for 25 years. The revenues will support eligible public improvements and may be pledged to future bonds.
Contract Details
Vendor
GRAND COUNTY LIBRARY DISTRICT
Agency
Town of Winter Park, CO
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Contract Term
25-year TIF period based on 2025 base year; last TIF year 2050
Renewal Date
2050-12-31
Renewal Info
Agreement runs for the 25-year TIF duration of the Winter Park Urban Renewal Plan, with termination tied to plan termination or completion of TIF; Authority may terminate upon plan/TIF termination.
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