City Manager approves business incentive for Spectra Logic

City Manager Jane S. Brautigam has approved a flexible rebate application for Boulder-based Spectra Logic for up to $65,000 in rebates.  The rebates were authorized for sales and use taxes, and development review and permit related fees.

The flexible rebate program is one of the city’s business incentives, first approved by City Council in September 2006. The rebate incentive covers a wide range of fees, equipment and construction use taxes

“The City of Boulder is pleased that Spectra Logic, a Boulder company for more than 30 years, was able to expand its business in Boulder,” said City Manager Jane S. Brautigam.  “The city congratulates Spectra Logic on making sustainability a priority in its building renovation by reusing and recycling to divert almost 30 tons of material from the landfill.”

Spectra Logic is a global leader in innovative tape libraries and disk backup solutions.  The company is expanding and recently renovated and moved into an 83,000 square foot building at 6285 Lookout Road in Gunbarrel, occupying a space that had been vacant for several years.

“Spectra Logic staff repurposed all of the existing copper, glass and more than 150 doors and frames when we purchased and redesigned the layout of the new property,” said Nathan Thompson, chief executive officer of Spectra Logic. “We are proud to earn the City of Boulder’s recognition for our sustainability efforts.”

The 2010 flexible rebate program uses social, community, and environmental sustainability guidelines. Companies may choose the guidelines that best fit their company, but they must meet minimum requirements in order to receive the rebate.  Spectra Logic has exceeded the minimum community sustainability guidelines. Of note, Spectral Logic has focused on waste reduction by reusing and recycling materials including glass, tile, light fixtures, and hardware in its recent building retrofit. The company will participate in energy efficiency programs such as receiving an energy assessment for its new facility and participating in the 10 for Change Challenge.