Loveland city council late tonight unanimously approved the purchase of the Agilent Technologies Inc. campus, the key to its bid for the ACE manufacturing park.
The vote to appropriate $5.8 million to cover the purchase price and other costs came after a 3 1/2-hour closed meeting during which councilors huddled with lawyers to go over the intricacies of the deal.
“This is a very complicated, complicated issue,” Mayor Cecil Gutierrez said as the council reconvened following the closed meeting.
“As a council, we have to move through this very diligently, because it is such a significant project.”
At stake are thousands of jobs that could be created at the site under the stewardship of the Aerospace Clean Energy Manufacturing and Innovation center.
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