The City of Dacono established the Economic Development Authority of Dacono in 2015. The purpose of the urban renewal authority is to aid in the elimination and prevention of conditions of blight in the City of Dacono. The City of Dacono has adopted two Urban Renewal Plans.
The governing body of the Economic Development Authority of Dacono is comprised of the Dacono City Council, one representative from Weld County, one representative from the St. Vrain Valley School District, and one representative from a special district (vacant). The tentative 2020 Authority meeting schedule is: