May 31, 2014

Downtown Tucson hotel a step closer to reality

Tucson News Now “Since 2012, all downtown projects looking for tax abatements or breaks must first be subjected to GPLET, a process which insures the city doesn’t violate the state’s gift clause.

The value to the city must be greater than the benefits given to the developer.

In this case, it does by nearly three times.” Read more…