New Orleans council approves $103M sale of Caesars leases, shores up city reserves

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...

New Orleans plan to sell casino lease payments needs guardrails, report says

(The Center Square) — New Orleans’ proposed deal to raise more than $100 million by selling rights to future...

$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...

Morrell’s Tax Break Showdown Shakes New Orleans Power Players

The New Orleans City Council is gearing up for a fight with the city’s Industrial Development Board over who...

New Orleans council wants control over these tax breaks, but public board is mounting a fight

A New Orleans City Council effort to gain final say over the tax incentives a public board issues for...

New Orleans council a step closer to controlling S&WB as bill advances

A bill that grants the New Orleans City Council broad authority over the Sewerage and Water Board breezed through a state...

New Orleans’ water system overhaul gets first test in state legislature today

A major effort to overhaul the New Orleans Sewerage and Water Board gets its first test in the state...