HomeMy WebLinkAboutConstituent Letter - Read Before Packet - 5/7/2013 - Letter From David L. May, Fort Collins Chamber Of Commerce, Re: Agenda Item #28 - Foothills Mall Redevelopment Business Assistance AgreementMay 7, 2013
Fort Collins City Council
300 LaPorte Ave.
Fort Collins, CO 80521
Dear Mayor Weikunat, Mayor Pro Tem Horak, and Council Members
Campana, Cunniff, Overbeck, Poppaw and Troxell;
The Fort Collins Area Chamber of Commerce supports the adoption of the
Foothills Mall Redevelopment Business Assistance Agreement. This project
will serve as a primary catalyst for revitalizing midtown Fort Collins,
spurring the return of Fort Collins to the retail leader of Northern Colorado.
This visionary project will attract new shoppers to the community while
reducing the leakage of sales tax revenue to areas outside of Fort Collins.
This investment package leverages new dollars generated by the project for
key public investments that will benefit the entire community with the first
full year of tax receipts projected to be greater than current tax receipts for
this same property.
We were especially pleased to see the City take a leadership role with the
developer to avoid the use of eminent domain in the final redevelopment.
We encourage the Council to support the redevelopment of our midtown
area and the Foothills Mall by voting yes on the Foothills Mall
Redevelopment Business Assistance Agreement.
Sincerely,
Fort Collins Area Chamber of Commerce
David L. May
President & CEO
cc: Darin Atteberry
May 7, 2013 City Council Meeting
Agenda Item #28