With 45-year tax breaks in limbo, what’s next for massive planned Omni New Orleans hotel?
For the second time in two months, state lawmakers have balked at approving a major tax incentive for the Omni...
APPEL: Is New Orleans Mortgaging Its Future? It Depends On Your Level Of Faith In Current Leadership.
The City of New Orleans wants to monetize a cashflow stream of lease payments in order to refund a...
New Orleans council approves $103M sale of Caesars leases, shores up city reserves
Mayor Helena Moreno’s administration can close on a $100 million deal to boost the city’s depleted reserves after the City Council...
New Orleans Approves $103M Caesars Casino Revenue Deal
NEW ORLEANS — The New Orleans City Council has approved a deal to generate more than $100 million in...
City Hall Plays High Stakes: New Orleans Cashes In Caesars Rent To Refill Rainy-Day Fund
New Orleans officials are getting ready to trade nearly nine years of Caesars casino lease payments for a lump...
$100M sale of Caesars leases is good, but New Orleans must protect its reserves, BGR says
New Orleans has raided its reserve fund too often, and before city officials boost the fund by $103 million,...
BGR: Caesars Casino Cash Deal Could Help City, but Needs Guardrails
NEW ORLEANS (press release) – As the City of New Orleans moves this week to sell a portion of its...
Bureau of Governmental Research supports Moreno’s $103 million deal with Caesars Casino
BGR supports Caesars advance money deal. Watch full news report with the source link above.