Greeley advisory panel hears Catalyst project overview and warned financing risks
City staff briefed the West Greeley advisory committee on the Catalyst plan—an arena, water park, hotel and plaza—and the complex financing behind it, including COPs, a GID and a 501(c)(3) conduit borrower; staff said a pause in bonding now leaves the city facing a multi‑million dollar refinancing obligation to cover predevelopment costs.
The full story
GREELEY — City staff told a newly convened advisory committee that the West Greeley Catalyst proposal—centered on an arena and youth‑hockey center, a resort hotel, a water park and a central plaza—was conceived to reduce retail leakage, diversify housing and spur broader development west of town.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in