FINANCIAL_SERVICESAPPROVED

Jefferson County Board of County Commissioners Meeting Agenda May 2026

County OKs TIF Agreement With Golden URA

Leawood Metropolitan Recreation And Park DistrictGOLDEN URBAN RENEWAL AUTHORITYMay 12, 2026

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Description

Jefferson County approved a Tax Increment Revenue Agreement with the Golden Urban Renewal Authority for the 17455 West 16th Avenue Urban Renewal Plan. The Authority will retain specified County property tax increment to support a 47-unit affordable townhome project, with future revenue sharing tied to affordable housing delivery over a 25-year TIF period.

Contract Details

Vendor

GOLDEN URBAN RENEWAL AUTHORITY

Agency

Leawood Metropolitan Recreation And Park District, CO

Contract Type

FINANCIAL_SERVICES

Document Date

May 12, 2026

Contract Term

25-year TIF timeline; Authority retains 100% of property tax increment from 22.478 mills until December 31, 2032, with potential continuation thereafter

Renewal Date

2051-12-31

Renewal Info

Agreement runs for the Plan’s 25-year TIF period. If six affordable housing units qualifying under Proposition 123 are permitted by December 31, 2032, the Authority continues to receive 100% of County increment from 22.478 mills; otherwise, starting in 2033, the Authority’s share drops to 80% and 20% is remitted to the County for the remaining TIF term.

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