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 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 ...
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 ...
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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 ...
Reno City Council approves funding for GSR Arena, development plan
In front of hundreds of supporters, the Reno City Council passed a funding agreement for the Grand Sierra Resort (GSR) ...
Marquette Township Board approves revised purchase agreement with Renovare
The revisions include dropping Renovare’s tax increment financing from 24 years to only 10 years and slightly increasing the ...
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 ...