Downtown Colorado Inc.
In May 2010, our community worked with DCI to compile information to
form a revitalization partnership. The following is the initial
report from DCI. A committee is being formed and volunteers from
the Community are needed to implement this program. This
assessment was funded in part by the Upper Arkansas Enterprise Zone.
Summary and Background
587 (2010 census), 579 (Dept. of Local Affairs 2012 estimate)
Cliff is comprised of 9,390 acres:
193 acres zoned for commercial and light industrial uses
334 acres zoned residentially
8,114 acres zoned for agricultural use
749 acres are residential acres in Silver Cliff Ranch
increasing trend towards "working-at-home", Silver Cliff allows
home occupations by Board approval.
STARTING A BUSINESS IN SILVER CLIFF
new businesses to our area! If you have any questions, please
contact our Town Clerk, Ileen Squire, at
firstname.lastname@example.org or 719-783-2615. You can also
contact our Town Building Official, Roger Camper, with questions
about building permits and zoning issues. We would be happy to
The following information will assist you in planning your business in
You will need to register your business with the State of Colorado.
Business registration forms for the State can be found at:
under "Opening a Business in Colorado".
You will be required to collect state and local sales tax and possibly
pay state and local use taxes if you buy or sell goods, ship goods, or
use merchandise or materials that you purchased tax free.
2. You will then need to register your business with the Town of
Contact the Town Clerk at 719-783-2615 to obtain an application.
You will need to provide your State of Colorado Sale Tax ID Number with
your application to the Town. The Town Clerk can provide
information on the local sales and use taxes.
3. You will be required to conform to local zoning and sign
regulations and may be required to obtain local permits and/or licenses
Special Use Permit
Retail Food Establishment License
Your address will be assigned by the Custer County Assessor's Office.
You can reach them at 719-783-2218.
Financial Assistance and Tax Credits
Financial assistance and tax credits are
available to businesses in our area through the Upper Arkansas Area
Council of Governments (UAACOG).
The Upper Arkansas Enterprise Zone is a State Tax credit offered to
businesses that expand or locate in the enterprise zone which includes
the Town of Silver Cliff. More information is provided in the
The Upper Arkansas Area Development
Corporation is a non-profit organization that provides financing
assistance to new and expanding for-profit businesses in our area.
For more information on this program, use the following link:
Both of these programs are administered
by the Upper Arkansas Area Council of Governments and more information
can be found on their website at:
Town of Silver Cliff ECONOMIC
of Silver Cliff, Colorado, is committed to encouraging new or existing
business expansion in the areas of retail, commercial and light industrial/manufacturing
that will bring quality economic growth to our community. The Town also
supports pursuing commercial/industrial growth that compliments existing
businesses. The Town is extremely interested in improving its tax base,
improving property values and expanding job growth that will sustain
long-term economic success and provide beneficial returns to Silver
Cliff and its citizens.
In an effort
to encourage new or expanding business development, the Town of Silver
Cliff may offer incentives, on a case-by-case basis, to qualifying businesses
that are interested in locating in Silver Cliff.
of Silver Cliff has established the following incentive guidelines.
1. The business
must make a minimum investment of $100,000 in plant and/or equipment
during the calendar year in which application is made for incentives.
2. The business
must create/retain qualifying jobs with an overall annual wage that
is at or above the overall Custer County average annual wage rate of
3. The business
must be willing to provide company information to determine an economic
impact analysis that estimates the total economic benefits to Silver
Cliff and the incentive payback period. To be eligible for incentives,
the payback period must be within 5 years.
4. The business
must provide on-going company information for monitoring purposes. (All
company information will be held in strict confidence.) Upon incentive
approval by the Silver Cliff Board of Trustees, the company will be
required to enter into an agreement with the Town of Silver Cliff guaranteeing
that mutually agreed to investment/jobs will be created within a specific
period of time. If the company is unable to reach guaranteed levels,
the Town of Silver Cliff will have the ability to recover payments on
either a full or pro-rated basis.
incentives shall be available, on a case-by-case basis.
1. The following
fees may be reduced or waived: Building permit fees, development fees,
Fees waived cannot exceed fees required.
Contracted building permit fees are not eligible for waiver.
The Town of Silver Cliff reserves the right to provide relief on
infrastructure requirements on a case-by-case basis, and will actively
apply for federal and state grant dollars to encourage high quality
investment and job creation as appropriate.
2. Up to
one-half (50%) of use tax due to the Town of Silver Cliff on building
materials from the new construction project may be waived, on a case-by-case
1. Up to one-half (50%) of the qualifying new personal property tax
received by the Town of Silver Cliff may be rebated back to a qualifying
company, on a case-by-case basis, for up to four (4) years.
The new/expanding business meets Town of Silver Cliff eligibility
The new/expanding business qualifies as a "New Business Facility"
defined by the state as: "a new or expanded facility that is
employed by the taxpayer in the operation of a revenue producing
State enabling legislation is in effect.
1. Property tax paid to the Town of Silver Cliff on qualifying new/expanded
business projects may be rebated back to a qualifying company, on a
case-by-case basis, for up to four (4) years.
This applies only to property tax derived from Silver Cliff's mill
Up to one-half (50%) of sales tax collected for the Town of Silver Cliff
from "new revenues" generated by the qualifying new/expanded
business may be rebated back to a qualifying company, on a case-by-case
basis, for up to four (4) years.
information, contact the Town Clerk at 719-783-2615 or
This website was funded in part by
a grant from the Upper Arkansas Enterprise Zone