Burnham Yard Broncos stadium reaction: Elected officials applaud largely private funding plan

Elected administrators representing Denver celebrated the Broncos announcement Tuesday of a preferred stadium site in the city emphasizing the organization owners promise that taxes won t be raised to build in Burnham Yard While the squad has committed to a funding framework that doesn t include new tax dollars the project may still receive particular general venture by tapping into existing property or sales taxes That s because the city is considering a type of subsidy called tax-increment financing to aid the former rail yard s redevelopment I think it s going to have to be a consideration That land is not ready for streets and buildings disclosed Denver City Councilwoman Jamie Torres who represents the Burnham Yard area It is about Is it the highest and best use of tax dollars U S Sen John Hickenlooper who was the mayor of Denver from to also cheered the decision and emphasized the financing plan in an emailed message Colorado is Broncos Country A new Broncos stadium in Burnham Yard will deliver a world class experience for fans and drive economic progress in the district all without any new taxes he disclosed Everything you need to know about the new Broncos stadium planned at Burnham Yard This file is auto-generated function d l use strict l querySelector d addEventListener undefined typeof URL d wp d wp d wp receiveEmbedMessage d wp receiveEmbedMessage function e var t e statistics if t t secret t message t value a-zA-Z - test t secret for var s r n a l querySelectorAll 'iframe data-secret ' t secret ' ' o l querySelectorAll 'blockquote data-secret ' t secret ' ' c new RegExp https i i i