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The project offers a rare opportunity to attract top-tier events and cement its status as a premier entertainment destination ...
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 ...
The Grand Sierra Resort's tax-increment financing for phase one was approved 5-2 on Wednesday by Reno's redevelopment agency.
Billionaire Alex Meruelo, owner of Meruelo Gaming—whose properties include the Grand Sierra Resort (GSR) and the Sahara Hotel ...
Council members are expected to consider and possibly decide whether to approve up to $68.1 million in tax-increment financing, a public funding mechanism, to help the GSR's $1 billion project ...
Bloated tax increment financing ( TIF) districts and inaccurate initial assessments are the problem, Cardenas said, , suggesting that one solution lies in government spending cutbacks to reduce ...
At their meeting on Tuesday evening, city commissioners are being asked to take some of the first steps to approve a STAR bond and a tax increment financing district for the project. The STAR bond ...
At the time, the village of Niles said it would provide $96 million in Tax Increment Financing (TIF) incentives to the developer, who would be reimbursed as the multi-phase project gets completed.
CLEVELAND, Ohio — After using tax incentives to spur Bedrock’s downtown construction near Tower City Center, Cleveland is considering the same plan for its East Side neighborhoods, Mayor ...
Starting in year 16, property taxes would be placed into a tax increment financing fund that could be used to maintain public infrastructure in the housing development and the community park, ...
EGLE’s Brownfield Tax Increment Financing utilizes the rise in tax revenue from a revitalized site to reimburse developers for the cleanup and demolition work that generated that increase.