|Loveland's Independent News Source
Councilman Olson's Folly
Responding to McWhinney's angry puppet
|Loveland City Councilman Steve Olson
| IGNORANT OR DECEPTIVE?
"The combined Sales TAX and Sales
FEE on retail sales at Centerra is 4%.
Some of this sales tax and sales fee
flows to regional transportation projects
that otherwise would have been a sole
responsibility of the city."
In 2008 Loveland's City Council
diverted the Centerra 1% Retail Sales
Fee (RSF) going to a private
corporation created and controlled by
McWhinney instead of the public
purposes promoted by Olson above.
(see page 2 of that agreement below)
Loveland Councilman John Fogle
negotiated a deal removing the car
dealership he partly owns (along with
the other dealers in Centerra) from
making customers pay the fee. The
City of Loveland enforces collection of
the fee on other Centerra retailers.
Today, Loveland City staff routinely
deny any freedom of information
requests to see where the money goes
claiming it is now "private company
revenue" not available for public
McWhinney used the obligatory 1%
Retail Sales Fee (RSF) for legal fees to
sue their former business partner on
Promenade Shops after it was sold in a
foreclosure auction to a New York
While McWhinney prevailed in the
lawsuit, none of the $40 million award
has been pledged to repay the
Centerra Metro District public debt or
reimburse the public forced to pay the
McWhinney tax on their retail
purchases in Centerra.
see our story about the lawsuit
|Read Loveland City Manager Steve Adams reply and Olson's request to have city
staff prepare Olson's social media attack on LovelandPolitics's article