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Aurora Council: Field Blighted, Tax For Officers
Two Financial Issues Decided By Aurora City Council
POSTED: 11:39 pm MDT August 22, 2011
UPDATED: 12:55 am MDT August 23, 2011
AURORA, Colo. -- Aurora City Council made two decisions at its Monday night meeting that will impact the city's money.In November, voters will be asked to raise property taxes to pay for more police officers. In 1993, voters approved a 0.25% tax increase that requires Aurora to have two officers for every 1,000 residents. The city is shy of that requirement. City council believes a property tax increase is needed to get back to the levels city charter requires.The last year Aurora had the required number of officers was in 2006, In 2007, the city had 1.98 officers per 1,000 residents. In 2008, it had 1.97. And in 2009, the ratio was down to 1.94 per 1,000 residents.
At the same meeting, the city voted to designate a plot of land near DIA as "blighted."The land is expected to be sold to Gaylord Hotels for a future $800 million hotel and convention center. The city will cover about 25 percent of the cost.At the meeting, a handful of people spoke out in opposition."You represent the people, not corporations," said Jim Frye from Citizens for Responsible Aurora Government.
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Property Tax Increase Not Related To Convention Center
The city isn't asking for more money for police because of the convention center deal.According to assistant city attorney Michael Hyman, the money the city will use to pay for its portion of the convention center will come directly from tax money on that plot of land."The money that is going to be used for this project comes strictly from the project itself," said Hyman. "It's the property taxes that the Gaylord will pay. It's the excise taxes that the Gaylord will collect from visitors."7NEWS wanted to know about the risk the city is taking by covering close to $200 million of the projects cost."Our experts have told us it would take three catastrophic events of the nature of 9/11 and a six-month delay in the start (of the project) before the city might possibly incur any risk with respect to this project," said Hyman.According to Hyman, the hotel and convention center could be open by 2015 or 2016. The money the city will use to cover its share of the project will be generated from taxes on that property for 25 years.Report a typo or inaccuracy
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