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City for Champions approved for full state funding

City for Champions approved for full state funding

After months of uncertainty, revisions, controversy and discordant public opinion, the Colorado Economic Development Commission decided Monday to give Colorado Springs a chance to back up its promises. Despite staff and third-party advice to the contrary, the commission approved full tax-increment funding via the Regional Tourism Act for an estimated $120 million to help finance… Continue Reading City for Champions approved for full state funding

DENVER — With its single ally on the inside of the process changing sides from the dais to the audience, a contingent of civic and government leaders from Colorado Springs presented their case Wednesday for the City for Champions project to the state Economic Development Commission. EDC member Chuck Murphy, after confirming Tuesday that he… Continue Reading City takes its case to state EDC for project funding

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Apparently, at least for now, the Colorado Springs Sky Sox won’t be moving to a new downtown stadium after all. City leaders are revising their application to the Colorado Economic Development Commission for funding through the Regional Tourism Act, and the state EDC has given Colorado Springs an extra two days to respond to the… Continue Reading City for Champions stadium plans moving away from baseball

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