Pueblo to End PEDCO Contract by Dec. 31, 2025, Opens Search for New Development Partner

Overview

• The city confirmed the PEDCO contract will conclude on December 31, 2025, with formal transition steps underway for tax-funded obligations.
• City Council voted 5–2 on September 8 to pursue a Request for Qualifications for economic development services, with Dennis Flores and Joe Latino in opposition.
• Officials are finalizing the RFQ for release later this month, and all organizations may apply, including PEDCO.
• The mayor’s office says council approval was not required to end the contract because no financial obligation continues after year-end.
• PEDCO CEO Jeff Shaw said the nonprofit remains operational into 2026, emphasizing it is primarily funded by member dues rather than the city’s half‑cent sales tax.