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Glenwood Springs council unanimously denies $750,000 tax-rebate request for Meadows redevelopment
Summary
After hours of testimony and public comment, Glenwood Springs City Council voted unanimously to deny a seven-year, $750,000 sales-tax rebate requested to recruit a Barnes & Noble to Glenwood Meadows. Councilors called for a formal incentive policy before approving large, one-off deals.
Glenwood Springs City Council voted unanimously on March 20 to deny a request from the owner of Glenwood Meadows for a $750,000 sales-tax rebate over seven years to secure a Barnes & Noble as a new tenant.
Developer Steve Schoflick, who presented the request, said the center has generated significant economic activity over two decades and argued a national tenant would help the complex remain a regional draw. Schoflick told council, “We are trying to create a special place and maintain…
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