Winter Park Urban Renewal Authority AgendaPacket 2026-05-19
Grand County, URA Finalize 25-Year TIF Agreement
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Description
The Winter Park Urban Renewal Authority approved a comprehensive TIF agreement with the Grand County Board of County Commissioners, providing 100% sharing of most county property tax increment and 40% of sales tax increment over 25 years. The agreement excludes 3.75 mills dedicated to EMS from sharing and is contingent on a separate reimbursement agreement for implementation costs.
Contract Details
Vendor
BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF GRAND COLORADO
Agency
Town of Winter Park, CO
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
25-year period tied to the TIF plan
Renewal Info
Agreement spans a 25-year TIF period with specified property and sales tax sharing percentages; execution is contingent on a related reimbursement agreement. Specific renewal or extension provisions are in the full TIF agreement, not detailed in the minutes.
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