On Oct. 1, the City Council voted to approve the proposed Sports, Entertainment, Culture, and Convention (SECC) District around the Delta Center and a 0.5% citywide sales tax increase to help fund the project, including remodeling the Delta Center to meet National Hockey League standards. […]
RDA Board approves NWQ, LLC Tax Increment Agreement
In August 2019, the Council, acting in its capacity as the Redevelopment Agency Board (RDA), approved a resolution authorizing a property tax increment reimbursement of up to $28 million to NWQ, LLC over a 20-year term. Tax Reimbursement agreements are a standard part of the Council’s work as the RDA Board, read their Tax Increment […]