URA, Library District Agree to 25-Year TIF Sharing
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Description
The Winter Park Urban Renewal Authority approved a 25-year Tax Increment Revenue Agreement with the Grand County Library District, under which the district agreed to 100% sharing of increment within the plan area. The agreement supports funding of eligible public improvements tied to the urban renewal plan.
Contract Details
Vendor
GRAND COUNTY LIBRARY DISTRICT
Agency
Town of Winter Park, CO
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
25 years of tax increment sharing
Renewal Info
Agreement provides for 100% tax increment sharing for a fixed 25-year period; specific extension or amendment terms are contained in the underlying TIF agreement, not detailed in the minutes.
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