Marina Development Approved

By: James Steiner Email
By: James Steiner Email

Earlier in the day, the Nevada Commission on Toursim voted unanimously to use public funds to partially pay for the project.
Red Development will get Sales Tax Anticipated Revenue Bonds, or STAR Bonds, because it proved the two million square foot facility would be a tourist attraction. It includes a casino, retail stores, and themed restaurants. The governor's office still needs to sign off on the bonds, which will be paid back to the city over the next fifteen to twenty years.

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