The NoCo Herald

Larimer and Weld counties, Colorado

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Weld County

Weld County gives Greeley $3.5 million in bond cap for University Plaza

·Weld County·Greeley

From the Weld County Board of County Commissioners meeting of

A county staff member said Greeley had asked the county to allocate the $3.5 million of its 2024 private activity bond cap.

Weld County commissioners approved handing $3.5 million of the county's 2024 private activity bond volume cap to the City of Greeley for the University Plaza project, an allocation that would otherwise have expired in 2027 if left unused.

A county staff member said Greeley had asked the county to allocate the $3.5 million of its 2024 private activity bond cap. The staff member said the city needed an additional allocation to group its projects together and complete them cost-effectively, and that Greeley had already supported the vast majority of the bond needs for the projects it was considering.

Before the vote, the county's 2024 allocation had not been assigned to a specific project and would have expired in 2027 if unused, the staff member said.

The resolution supports affordable-housing projects in Greeley that could also support a senior-housing project there, the staff member said. "So this is an opportunity for us to support development and rehabilitation in our area and support Greeley in this project as well," the staff member said.

Greeley would issue the private activity bonds in the opposite direction from the allocations the commissioners considered in the previous item, the staff member said. The commissioners also authorized the chair to sign the delegation agreement, certificate and federal tax exemption certificate.

More from this meeting

  1. Weld County Board of County Commissioners, Nov. 9, 2026

    Weld commissioners approve revised court competency docket agreement; Weld County to help issue bonds for Prairie Rose rehab project; Weld County gives Greeley $3.5 million in bond cap for University Plaza; County accepts $57,000 for bilingual advocates; 34 consent items adopted.

  2. Item 2Weld commissioners approve revised court competency docket agreement

    The board authorized the Department of Justice Services to sign the revised memorandum after approving an earlier version in March, which included the Sheriff's Office.

  3. Item 6Weld County to help issue bonds for Prairie Rose rehab project

    Weld County could act as a conduit issuer, helping the developer reach private activity bonds for cost-effective financing of the planned rehabilitation work, Chief Financial Officer Jackie Trout told the board.

  4. Item 1Weld County commissioners advance $660.8 million 2027 budget

    Jennifer Offtley said the county prepared its 2027 budget without reducing services, with a 3.7% decrease in property tax by leaving the 6.082 mill levy credit in effect for county residents and businesses.

  5. Item 2Weld County commissioners advance changes to 2027 county fees

    The measure would replace the code chapter governing annual charges with amendments. Its first-reading approval is an initial step; the ordinance has not yet been finally adopted.

  6. Item 3Weld County approves liquor code updates and fees for a new permit type

    The revisions also cover dance licenses and reorder information in several code sections without changing it; no one commented during the second-reading public hearing.

  7. Item 4Weld commissioners advance code changes on foster-care signatures and tax abatements

    The proposed rewrite would clarify tax-abatement procedures after legislation raised the base petition amount to $20,000 and route public-comment correspondence to the board or relevant departments.

  8. Item 5Weld County commissioners advance rewrite of human resources code

    The ordinance would replace every provision in Chapter 3, not just selected policies. It cleared an initial vote, with no speakers at the hearing or in public comment afterward.