Wal-Mart Subsidies in Lafayette, CO
Store Details
| City | Lafayette |
| State | CO |
| Address | Hwy 287 |
| ZIP code | 80026 |
| County | Boulder |
| Type of Facility | Supercenter |
| Year Opened | undetermined |
| Value of Subsidies | $2.1 million |
Narrative
The city will reimburse Wal-Mart $1.6 million for up-front land acquisition costs and about $500,000 for storm water retention improvements with sales tax increment financing payments over approximately three and a half years. The Supercenter is replacing a Wal-Mart discount store that currently accounts for one-fifth of all retail sales in the city. Lafayette offered even more incentives to Wal-Mart to rehab the site of the discount store, but Wal-Mart refused.
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