July 12, 2012 - City manager approves business incentive for American Rec
City manager approves business incentive for American Rec
City Manager Jane S. Brautigam has approved a flexible rebate application for Boulder-based American Rec for up to $25,000 in rebates. The rebates were authorized for sales and use taxes, and permit-related fees.
“American Rec’s decision to expand its operations in
The flexible rebate program is one of the city’s business incentives, covering a wide range of fees, equipment and construction use taxes. Under this program, the city manager may consider a specific incentive package for tax and fee rebates to meet a company’s specific needs. The company is then eligible for the rebate after it has made its investment and paid the taxes or fees to the city.
American Rec is a collection of ten prominent outdoor industry brands, including Kelty, Royal Robins, Sierra Designs, Wenzel, Slumberjack, Rokk, Insta-Bed, Mountain Trails, Ultimate Direction and
The flexible rebate program uses social, community, and environmental sustainability guidelines. Companies choose the guidelines that best fit their circumstances, but must meet minimum requirements in order to receive the rebate. American Rec has met the requirements and, of note, has a commute trip reduction program that includes alternative work schedules, showers, secure bike parking, and designated carpool parking. In addition, the company participates in volunteer industry initiatives, runs a recycling program, and will participate in the city’s energy assessment and EnergySmart programs.
American Rec’s application is the first 2012 flexible rebate application. The city’s approved 2012 budget includes $350,000 in funding for 2012 flexible tax and fee rebates for primary employers.
For more information about the city’s economic vitality program, go to www.bouldercolorado.gov, click on "Business," or call Liz Hanson at
Last Updated on Tuesday, 09 October 2012 10:14