- Associated Press - Wednesday, February 26, 2014

DENVER (AP) - Several Aurora residents are suing the city over local tax incentives awarded the Gaylord Rockies Hotel.

The residents contend the tax incentives violate the state’s tax- and spending-limitation amendment that requires a vote for any tax increases.

According to the Denver Post (http://tinyurl.com/l685vbq ), Aurora agreed to provide Gaylord Entertainment a refund of city sales, hotel occupancy and other taxes so it could build a hotel and conference center near Denver International Airport.

Over 30 years, the value of the subsidies the city is providing could approach $800 million, making it one of the largest incentive awards by any government in state history,


Information from: The Denver Post, http://www.denverpost.com



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