Colorado Town Creates Own Stimulus

By: CNN Email
By: CNN Email

One Colorado town has come up with its own economic stimulus plan.

But you've got to buy to participate.

It works like this: go to Lamar, Colorado.

Spend 300 bucks on just about anything but groceries and alcohol...and they'll give you a 30 dollar gift certificate only good at other shops in Lamar.

Buy a car and they'll give you a 100 dollar gas card for gas stations around town.

The city administrator, Ron Stock, says he came up with the incentives because so many shops were on the edge -- and the city couldn't wait for the federal government's stimulus to kick in.

"There was certainly a feeling of fear, what's going to happen next, how bad this is going to be, how long is it gonna run, can I hang on," says Stock. "And, we thought we'd try to change that a bit."

Stock added that he got the idea by looking at how cities survived during the Great Depression.

The offer runs through April.

KKCO firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKCO 11News.

powered by Disqus
KKCO NBC 11 News 2531 Blichmann Avenue Grand Junction, CO 81505 Station Phone: 970.243.1111 Business Fax: 970.243.1770 Newsroom Fax: 970.245.3793 News Tip & Contest Line: 970.255.8477
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 42810967 -
Gray Television, Inc.