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Expert Analysis

Colo. Urban Renewal Bill Is Problematic

Law360, New York (April 24, 2014, 1:54 PM EDT) -- Colorado Rep. Brian DelGrosso, a Republican from Loveland, and Colorado Sen. Lois Tochtrop, a Democrat from Thornton, introduced HB 14-1375, dubbed in early drafts the "Urban Redevelopment Fairness Act," on Friday, April 11, 2014, with only four weeks left in the legislative session. Specifically, HB 14-1375 amends the Colorado Urban Renewal Law (C.R.S. §31-25-101 et seq.) and as introduced, the bill contains three substantive provisions that will have significant, perhaps even prohibitive, impact on numerous urban renewal projects throughout the state. Here are the three main provisions you need to watch:...

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