HomeMy WebLinkAboutConstituent Letter - Read Before Packet - 12/17/2013 - Letter From David L. May, Fort Collins Chamber Of Commerce, Re: Agenda Item #24 Redevelopment And Reimbursement Agreement For Foothills Mall1
Sarah Kane
From: Ann Hutchison <ahutchison@fcchamber.org>
Sent: Tuesday, December 17, 2013 11:03 AM
To: City Leaders
Cc: Josh Birks; Ray Martinez; David May; Kevin Jones; Sarah Kane
Subject: Updated Redevelopment and Reimbursement Agreement for Foothills Mall
Attachments: Foothills Mall Investment Package Ltr to Council 12-17-13.pdf
Please find below and attached a letter from the Fort Collins Area Chamber of Commerce in
support of the Updated Redevelopment and Reimbursement Agreement as it relates to the
redevelopment of the Foothills Mall.
December 17, 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 continues to support the adoption of the Updated
Redevelopment and Reimbursement Agreement as it relates to the redevelopment of Foothills
Mall. While the timing of this project has changed, its role has not. 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 encourage the Council to support the redevelopment of our midtown area and the Foothills
Mall by voting yes on the Updated Redevelopment and Reimbursement Agreement.
Sincerely,
Fort Collins Area Chamber of Commerce
David L. May
2
President & CEO
cc: Darin Atteberry
Ann Hutchison, CAE
Executive Vice President
ahutchison@fcchamber.org
Fort Collins Area Chamber of Commerce
225 S Meldrum, Fort Collins CO 80521
ph: 970.482.3751 ext. 107
fax: 970.482.3774
web: www.FortCollinsChamber.com
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