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Douglas County approves 35‑year business personal property tax rebate for Safran Defense & Space in Parker
Summary
The Douglas County Board of County Commissioners unanimously approved a 35‑year business personal property tax rebate for Safran Defense & Space Inc. to locate a manufacturing and integration facility in Parker. County staff presented facility size, expected job creation and an estimated rebate; Safran and the Douglas County EDC spoke in support.
The Douglas County Board of County Commissioners voted unanimously April 22 to approve a business personal property tax incentive agreement with Safran Defense & Space Inc. for a new facility in Parker.
County planning staff told the board the project would occupy a roughly 28,337‑square‑foot leased facility on Compark Boulevard in Parker and is expected to create about 20 new jobs within 24 months, primarily engineers, technicians and operators. Staff described the agreement as a 35‑year rebate of the county’s portion of business personal property tax…
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