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Erie council approves Town Center TIF and a slate of town resolutions
Summary
On Feb. 25 the Erie Town Council approved a conditional URA/TIF pledge for Town Center and voted to approve a series of resolutions: a LightGig limited license to allow fiber in greenfield developments; a Brothers Redevelopment contract to administer a CDBG home-repair program for mobile/manufactured homes; Scofield Farm construction-document amendments; Prairie Run trail IGA with Boulder County; the Erie Highlands final plat; Plum Creek Garden Market sublease; and annexation of the Lindau property.
Erie —6 Feb. 25, 2025 —6 The Town of Erie Town Council on Tuesday approved a conditional tax-increment revenue-sharing agreement to support a 20-acre Town Center development and cleared a set of other agenda items and resolutions affecting broadband, housing repairs, parks and land use.
Key votes at the Feb. 25 meeting
- Town Center URA/TIF (resolution 25044): Approved. Council conditionally pledged the town's unrestricted general fund mill levy (roughly 7.25 mills of 13.3 total) and half the town sales tax (1.75 percentage points of 3.5%) to create an Erie Town Center URA for the town-owned 20-acre parcel. Staff projected approximately $1.5 million in property-tax increment capture and about $11 million in sales-tax capture over 25 years under the development program. The vote passed on voice vote.
- LightGig limited license (resolution 25039): Approved. Council authorized a nonexclusive limited license agreement with LightGig Communications to coordinate fiber conduit placement in new greenfield developments and limited existing-area work. The 10-year authorization permits LightGig to…
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