Lakewood taxpayers face 30-year shelter obligation after city grant deal
By Cory Gaines | Commentary, Colorado Accountability Project
From a recent edition of the Lakewood Informer (copied here with links intact):
“Lakewood purchased 8000 W Colfax Avenue to use as an emergency shelter and Navigation Center using a grant from the state to fund the property purchase and renovation. As a condition to getting the grant, Lakewood committed the property to shelter use for 30 years. No public discussion about this condition occurred when City Council authorized the purchase. At an annual operating cost of $3,000,000, that’s a $90,000,000 commitment that was not disclosed to the public. That makes the Center severely underfunded, with declining neighborhood support, and may be one reason for the proposed city sales tax hike.”
This was startling to ...

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