business incentive fund
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Denver council approves $1M incentive investment in proposed Pepsi facility
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Denver City Council approved a $1 million Business Incentive Fund contract with Bottling Group LLC, an operating subsidiary of Pepsi that intends to build a $400 million state-of-the-art manufacturing facility in the High Point region of northeast Denver. The resolution, which only requires one vote, passed in a 12-1 vote Monday, with Councilwoman Candi CdeBaca…
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Denver’s $4M Target store incentive scrutinized
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Several Denver City Council members have reservations about a proposed $4 million loan to help see a Target open on the downtown 16th Street Mall. The city’s budget and management office is requesting a $4 million supplemental appropriation for the Office of Economic Development’s Business Incentive Fund. That office wants to loan the funds to…
