Six Colorado communities compete for sales-tax subsidies but only two will win this year
While the proposed new Gaylord hotel complex in Aurora has been hogging the spotlight in the competition for tourism-related state sales-tax subsidies, five other Colorado communities are vying for those funds. And backers say each of their projects will draw more visitors than the 1,500-room hotel and conference center in Aurora.
“We are sort of a David against Goliath,” said Estes Park Mayor Bill Pinkham, whose town has applied for state sales-tax rebates to help pay for a lodge renovation and winter adventure park that could lure 500,000 annual visitors.
Estes Park joins Douglas County, Montrose County, Pueblo and Glendale in the battle for up to $50 million in annual tax-increment financing. The Office of Economic….read more