LOVELAND, Colo. – Dec. 16, 2014 – The campaign to
support the creation of a Downtown Development Authority (DDA) in
Loveland launched today, encouraging downtown businesses and residents
to rally for the future of a thriving downtown corridor. Following the
Dec. 16 city council second reading, the creation of the Loveland DDA is
set for vote on Feb. 10, 2015.
The Loveland Downtown Partnership (LDP,) a private organization to lead downtown development efforts, has set the structure of the DDA. The LDP is a 501c4 nonprofit agency that will function as an umbrella organization working in collaboration with the DDA, which will bring in revenue for redevelopment projects from property tax increments.
“A vibrant downtown is at the heart of every successful community. A solid foundation, such as a DDA, is necessary for Loveland’s downtown to grow and thrive,” said Doug Rutledge, a principal with KL&A structural engineers and builders and Loveland DDA proponent. “Voting for a DDA supports a better community, the future of our downtown businesses and better public infrastructure such as streets, sidewalks, lighting, landscaping, parking, and more.”
If the sorted history with Fort Collins DDA is any indication, forming a DDA for Loveland might be adding one too many 'cooks' to the kitchen. What do you think?
The Loveland Downtown Partnership (LDP,) a private organization to lead downtown development efforts, has set the structure of the DDA. The LDP is a 501c4 nonprofit agency that will function as an umbrella organization working in collaboration with the DDA, which will bring in revenue for redevelopment projects from property tax increments.
“A vibrant downtown is at the heart of every successful community. A solid foundation, such as a DDA, is necessary for Loveland’s downtown to grow and thrive,” said Doug Rutledge, a principal with KL&A structural engineers and builders and Loveland DDA proponent. “Voting for a DDA supports a better community, the future of our downtown businesses and better public infrastructure such as streets, sidewalks, lighting, landscaping, parking, and more.”
If the sorted history with Fort Collins DDA is any indication, forming a DDA for Loveland might be adding one too many 'cooks' to the kitchen. What do you think?
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