Hats off to the Fort Collins City Council for supporting an incentive package for Avago last Tuesday evening by a vote of 7 to 0. The no-growth community was out in force to block the package, which they feared would cause population growth. A strong showing from the business community, however, countered this with a case for the economic benefits to the community. The incentive package was bascally performance-based rebating of the manufacturers’ use tax and part of the business personal property tax. Both are barriers to investment. The economic benefits far outweigh the potential taxes.
Council Supports Avago 7-0
by Fort Collins Chamber | Oct 22, 2012 | Business & Economy, Business-Friendly Environment, Economy, Talent