Broomfield, CO, has agreed to a huge business subsidy to spark economic growth.
"Broomfield city officials were so gung-ho to attract the new FlatIron Crossing mall and neighboring stores that they agreed to pay developers one of the largest business subsidies in the history of Colorado - $279.5 million. [Broomfield's] solution: Let the developer build all the roads and water and sewer lines for the mall, and let the city repay the developer for the work over time."
Thanks to Dan Tasman
FULL STORY: Mall subsidy tops $279 million
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UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research