Boulder, Colorado, January 8, 2010 – Stratom is pleased to announce that it has been approved to receive rebates for sales and use taxes and permit-related fees from the city of Boulder. As part of the city of Boulder’s 2009 business incentive program, City Manager Jane S. Brautigam authorized up to $12,525 to Stratom.
Stratom is expanding its existing facility to include additional space at 5311 Western Ave. The flexible rebate program is one of the city’s business incentives, first approved by the City Council in September 2006. This incentive covers a wide range of fees and equipment and construction use taxes. Once companies are approved for the program and pay fees to the city, those fees can be rebated up to the amount approved by the city manager.
The 2009 flexible rebate program uses social, community, and environmental sustainability guidelines when selecting rebate recipients. Stratom highlighted their ongoing support of nonprofit organizations such as the Community Food Share program and the FIRST Robotics program, which focuses on technology education for middle and high school students. Stratom is also developing an expanded commute trip reduction program to provide incentives to employees who use alternative modes of transportation to get to work.
“Stratom is truly honored to participate in the flexible rebate program,” said Michael Nasso, controller of Stratom. “Stratom will use the rebates to offset future growth costs and allow us to put company programs in place to help keep Boulder one of the best places to live and work. We feel fortunate to work in the Boulder community and embrace the special things that make Boulder unique.”
This story was also reported in the Boulder County Business Report.