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Mayor cancels PEDCO contract; council debates timing and options for economic-development services
Summary
The mayor announced cancellation of the city's contract with PEDCO with 90 days' notice; council members clashed over timing, transparency and whether council can reinstate or negotiate a new, reworked contract. City attorney said a new contract could be negotiated and brought back to council for approval.
PUEBLO, Colo. ' The mayor announced the administration has given 90 days' notice to end the city's contract with the Pueblo Economic Development Corporation (PEDCO), setting off an extended council debate over timing, oversight and next steps for the city's economic-development work.
What was announced: Council President said the administration decided to cancel PEDCO's contract (the agreement dates to 2008) and that the press release's implication of unanimous city official support was incorrect. City attorney Carla Sykes told the council the contract requires 90 days' notice for termination and that, although the contract has been canceled, council can…
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