Breckenridge could receive up to $300,000 for relocating to Littleton
By Ramsey Scott
Wednesday, June 12, 2013 at 12:56 pm (Updated: June 26, 2:20 pm)
The Littleton City Council has approved up to a $300,000 tax rebate as an incentive for the Breckenridge Brewery to relocate to Littleton.
The council approved the tax rebate on June 4 when it gave final approval to Breckenridge Brewery’s site development plan. The council passed the measure on a 6-1 vote, with Councilwoman Peggy Cole voting no.
Breckenridge will receive a 50 percent rebate on any sales taxes collected after the first $40,000 is collected by Littleton. The brewery is estimated to bring in about $120,000 a year in tax revenue.
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