Weld County Approves Tax Rebate for BAE Systems to Reopen 129,000-Square-Foot Facility
The Weld County commissioners approved a tax-incentive agreement for BAE Systems Space and Mission Systems Inc. to occupy a 129,000-square-foot building in unincorporated Weld County, with an estimated equipment investment of $1.271 billion and an estimated personal property tax rebate of $13,765,102 spread over 35 years.
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The Weld County Board of County Commissioners voted Sept. 16 to approve a tax-incentive agreement for BAE Systems Space and Mission Systems Inc. to operate in an existing 129,000-square-foot building on a 12.9-acre site in unincorporated Weld County. Jackie Traut, Weld County chief financial officer, recommended approval and described the projected scale of the investment.
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