Alternative TIF sharing draft for Moreno-Cascade URA
Pikes Peak Library DistrictLibrary District · Colorado Springs, CO- Document date
- Dec 9, 2025
The 30-second brief
Pikes Peak Library District is considering an alternative Property Tax Increment Revenue Agreement with the Colorado Springs Urban Renewal Authority for the Moreno and Cascade Urban Renewal Plan that would split library tax increment revenues 50/50. This draft preserves the Authority’s ability to pledge TIF revenues for bonds while ensuring half of the District Increment is returned to the Library District.
Colorado Springs Urban Renewal Authority holds this financial services contract with Pikes Peak Library District. Its other public contracts on record include work for El Paso County and City of Colorado Springs.
Term as filed: Twenty-five (25) years from approval of the Moreno and Cascade Urban Renewal Plan.
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Contract details
- Contract type
- Financial Services
- Document date
- December 9, 2025
- Term
- Twenty-five (25) years from approval of the Moreno and Cascade Urban Renewal Plan
- Source document
- Pikes Peak Library District AgendaPacket 2025-12-09 (AgendaPacket)
Colorado Springs Urban Renewal Authority's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Pikes Peak Library District?
Colorado Springs Urban Renewal Authority was awarded this financial services contract by Pikes Peak Library District, as recorded on December 9, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Pikes Peak Library District AgendaPacket 2025-12-09 (AgendaPacket), dated December 9, 2025 from Pikes Peak Library District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Colorado Springs Urban Renewal Authority hold?
Colorado Springs Urban Renewal Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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