News

Reno council approves $61M in tax incentives for GSR arena project
Reno city council members voted to approve $61 million in public tax incentives Wednesday for the Grand Sierra Resort's major arena and redevelopment project.Af ...
GSR arena hopes for tax-increment financing approval amid rising construction costs
Meruelo Gaming — which owns the Grand Sierra Resort — initially had announced that no taxpayer dollars would be needed to ...
GSR Arena project tax incentives up for possible vote by Reno City Council this week
City tax incentives for the GSR's major arena and redevelopment project are up for discussion and a possible final vote by ...
Celtics Wire1d
Reno redevelopment agency OK's property tax reimbursement plan for GSR arena project
The Grand Sierra Resort's tax-increment financing for phase one was approved 5-2 on Wednesday by Reno's redevelopment agency.
This Is Reno3d
GSR arena plans face opposition for using ‘unprecedented use’ of tax financing scheme
Billionaire Alex Meruelo, owner of Meruelo Gaming—whose properties include the Grand Sierra Resort (GSR) and the Sahara Hotel ...
WTTW News1d
WTTW News Explains: What Is a TIF District?
Tax-increment financing wasn’t invented in Chicago, but former Mayor Richard M. Daley perfected it as he worked to transform Mud City into a gleaming metropolis.
Lawrence Journal-World1d
Lawrence city commissioners give initial approval on tax districts for KU’s Gateway project; more votes will be needed later this year
Lawrence city commissioners on Tuesday approved another key step to allow the second phase of an approximately $300 million ...
Developer files Notice of Default to City after TIF Plan postponement
A notice of default to the City of Norman has recently been filed regarding the Rock Creek Entertainment District development contract. According to the agreement, the City could be sued if the Norman ...