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Castle Pines North may "blight" area slated for development days before law would ban doing so
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The Denver Post
April 23, 2010, Carlos Illescas

Castle Pines North might declare 3,300 acres of land slated for commercial and residential development "blighted" just days before a state law kicks in that would probably prevent the city from doing so. House Bill 1107 becomes law June 1. With a few exceptions, it would prevent local governments from using urban-renewal authority to declare agricultural land blighted in order to create a tax increment financing district. Tax increment financing districts allow towns and cities to fund improvements made by developers through special property taxes. ...


http://www.denverpost.com/ci_14941362


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