csbj.com
City might loosen its tight grip on business incentives
In recent months, the Colorado Springs City Council has approved tax rebates for Agilent, Atmel, Bal Seal and Wal-Mart. Together, the incentives equal millions in sales-and-use tax rebates for the companies as they consider increasing their local presence. But the city’s never had a strategic, written approach to incentives. Instead, leaders have judged every deal …