REAL ESTATE DECISION SUPPORT

An Intergovernmental agreement was approved between the city of Thornton and Adams 12 Five Star Schools at a recent meeting.  Located along the I-25 corridor at 144th Avenue, the city will purchase the Adams 12 bus facility site for $7.26 million with the intent of benefiting from the sales taxes of businesses that establish in that area.  In return, Adams 12 Five Star Schools is to purchase a site along 126th Avenue and Washington Street totaling slightly more than 19 acres for $1.96 million that is to serve as the location of new transportation facility.