Library to Pledge Tax Increment to Golden URA
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Description
Jefferson County Public Library plans to enter a Tax Increment Revenue Agreement with the Golden Urban Renewal Authority for the 17455 West 16th Avenue Urban Renewal Area, pledging 100% of the Library’s incremental property tax revenue for 25 years. The agreement is expected to redirect an estimated average of $5,000 per year in property tax increment to support the urban renewal plan.
Contract Details
Contract Amount
Approximately $5,000 annually (estimated average incremental property tax revenue)
Vendor
GOLDEN URBAN RENEWAL AUTHORITY
Agency
Jefferson County Public Library, CO
Contract Type
FINANCIAL_SERVICES
Document Date
June 11, 2026
Contract Term
25-year duration of the 17455 West 16th Avenue Urban Renewal Plan
Renewal Info
Agreement term is fixed at 25 years tied to the 17455 West 16th Avenue Urban Renewal Plan; no renewals or extensions are described.
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