Gypsum briefs

The Gypsum Town Board has approved the service plan for the formation of the Tower Center Metropolitan District.

That moves the Tower Center commercial project closer to a special district election this November. The project is located immediately west of the Eagle County Airport.

Eligible voters for the metro district election will be the land owners of the property in the Tower Center. Currently, only the developers of the Tower Center are eligible to vote, explains Jeff Shroll, Gypsum town manager.



Forming a metropolitan district empowers the Tower Center to sell construction bonds at good rates for their infrastructure. Additionally, the metro district will establish its own mill levy for provision of infrastructure and services.

In addition, as a part of the infrastructure package the Tower Center developers will likely use tax increment financing (TIF). This means that the Tower Center developers will be able to keep a certain amount of the sales tax collected to pay off their debt, notes Shroll. TIF will only kick in when 22,025 square feet of retail space is accounted for, not including grocery store space.

Bingo

Feeling lucky? Bingo is coming to Gypsum this fall.



The details are not yet finalized however, events coordinator Dawn Murphy says that bingo will begin in October or November and will be held once a month at the Town Hall.

“It will be inexpensive to play — $10 for six chances to win at each of the 6 games,” explains Murphy.

Cash prizes will be paid to all the game winners, based on how many cards are sold. A certain percentage of sales will go to prize payments and the rest will go to the Town of Gypsum special events fund. This money will help pay for community programs and events such as summer concerts, the movie series or Gypsum Daze, says Murphy.

Each night there will also be a big cover-all final game. Extra money will be awarded if a bingo is called in 50 numbers or less. If no one gets a bingo in 50 numbers or less on a given night, a normal payout will be given to the winner of the cover-all game and the money will roll over to the next month’s game.

“You could buy a $10 bingo card and take home $500 at the end of the night,” notes Murphy.