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Greeley's Cascadia hockey stadium project tentatively blocked by voters, some say "a gut punch" for Northern Colorado [CBS News]

Bio-Rad Laboratories, Inc. Class B (BIO.B) 
Company Research Source: CBS News
Greeley voters sided with "Greeley Demands Better," a grassroots organization that wanted to block rezoning of the land at U.S. 34 and CR 17 over concerns of the project's funding. "It was quite surprising. It feels like a gut punch," said Melissa McDonald, Mayor Pro Tem of Greeley. The decision by the voters will block the land from being rezoned, keeping it zoned as agricultural for at least the next year. The City of Greeley said this will not prohibit the land from being developed horizontally, however it will prevent vertical construction of a hotel, waterpark and the future hockey stadium of the Colorado Eagles. McDonald said, following the special election results, she is concerned this action by the taxpayers will potentially scare away investors and developers of future projects in Greeley. "I don't know if they will want to come here and building anything because of how this vote has gone," McDonald said. Those who participated in the special election were asked to Show less Read more
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