Tempe approves $21 million tax break for hotel and conference center

The Arizona Republic
Thursday, January 11, 2018
Jerod MacDonald Evoy

https://www.azcentral.com/story/news/local/tempe/2018/01/11/tempe-tax-br...

Tempe plans to give a $21 million tax break to land a hotel and conference center on Arizona State University land.

The Tempe City Council voted 6 to 1 to approve the deal on Thursday. Councilman Kolby Granville was the lone dissenter.

The Omni hotel project will pay almost no sales taxes or bed taxes for as long as 30 years. It also would pay no property tax because it would be on university-owned land at Mill Avenue and University Drive.

State Rep. Athena Salman, D-Tempe, asked the council to delay the vote, saying an economic analysis of the cost and benefits of the deal should have been made public before the meeting. Tempe leaders said it was available.

https://www.azcentral.com/story/news/local/tempe/2018/01/11/tempe-tax-br...