Page 72 - Littleton, CO Comprehensive Plan

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Policy E&T 2: Seek opportunities to enhance the City’s tax base and diversify revenue sources in ways that are
compatible and consistent with Littleton’s unique character (e.g., extensive Suburban residential character, rich
architectural heritage, South Platte River and abundant green space, etc.) while also providing relief from the tax burden
residents bear.
Policy E&T 3: Assess the fiscal implications, property by property, when existing nonresidential sites are proposed for
residential use, especially in cases where commercial use and/or zoning is considered no longer viable.
Policy E&T 4: Support and complete planning to better understand Littleton’s economic position in the Denver region
(as both city and region evolve).
Policy E&T 5: Continue to promote, and work to retain, its existing and distinctive local businesses, including those
challenged by a changing retail industry.
Policy E&T 6: Evaluate public sector tools and options for spurring private sector interest and reinvestment in vacant
and underutilized commercial properties.
Policy E&T 7: Periodically re-assess the array of economic development tools, techniques, and financing methods
available through federal agencies and State of Colorado legislation and programs, including to determine those most
appropriate for Littleton.

Policy E&T 8: Evaluate and consider adjustments to City processes and policies that may impede desired business
attraction and investment.
Policy E&T 9: Determine whether development proposals are consistent with adopted City policies and regulations and
can be accommodated with adequate public infrastructure and services.
Policy E&T 10: Support a “community of learning,” in coordination with education partners, in which quality primary and
secondary education, vocational and higher education, lifelong continuing education, and other educational resources
are valued and accessible to Littleton residents and visitors.
ACTIONS

Capital Investments

Action E&T 1: Continue funding for the revitalization incentive grant program.
Programs and Initiatives

Action E&T 2: Continue successful business resource services provided by the Economic Development and Business
Services Department including support for entrepreneurs, start-ups, and small businesses considering locating in
Littleton.
Action E&T 3: Pursue ways to diversify City revenue sources to decrease reliance on sales tax revenue.
Action E&T 4: Monitor the changing retail environment, and support the revitalization of underperforming retail centers
to meet market demands and address City revenue needs.
Action E&T 5: Explore further ways to promote the creative economy and innovation within Littleton.
Action E&T 6: Examine potential adoption of incentives for business investments that would advance community goals
expressed in the Plan and other adopted City plans (e.g., tax increment financing, sales tax sharing, permit fee
abatement, etc.).
Action E&T 7: Continue to pursue fiber/broadband technology investments and upgrades with public and private
partners.
Action E&T 8: Continue to monitor state legislation affecting economic development best practices and tools for
Colorado municipalities.
Regulations and Standards

Action E&T 9: As part of the City’s zoning and code update initiative, create a new zoning district and associated
standards for accommodating mixed-use development.

Adopted October 15, 2019