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Mayor ends PEDCO contract pending new agreement; council debates timing and transparency
Summary
Mayor Heather Graham notified council that the city issued notice to end its contract with PEDCO; council members expressed concern about timing, transparency and the 90‑day termination. Mayor and councilors said a rewritten contract or an RFQ could follow; several councilors requested the option to negotiate a new contract before Jan. 1.
Mayor Heather Graham informed the Pueblo City Council on Oct. 6 that the city administration has issued notice to end the city’s contract with Pueblo Economic Development Corporation (PEDCO) and that the termination was tied to the start of a procurement process to rework economic‑development services.
The mayor said the existing PEDCO contract is dated and that the city needs a revised agreement that gives the municipality clearer reporting and accountability for the dollars the city provides to economic development. “If city council wants to waive your executive session conversations, I’d be happy to name all of the reasons why I decided to to end the PEDCO contract,” the mayor said at the meeting.
Council members who serve on PEDCO —…
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