Highlights of tax breaks under existing ‘green’ law
Saturday, May 19, 2007 | 12:20 p.m.
Here are key details on tax breaks for major projects that have been approved or are in the process of qualifying under the state's existing "green" building law:
-MGM MIRAGE CITYCENTER: $240.7 million in property tax, $100 million in sales tax
-BOYD GAMING/ECHELON PLACE: $164.8 million in property tax, $80.7 million in sales tax
-FONTAINEBLEAU LAS VEGAS: $92 million in property tax, $48.2 million in sales tax
-WYNN RESORTS/ENCORE: $58.6 million in property tax, $30 million in sales tax
-LAS VEGAS SANDS/PALAZZO: $57.5 million in property tax, $27.5 million in sales
-WORLD JEWELRY CENTER: $20.5 million in property tax, $8.8 million in sales tax
-MOLASKY CORPORATE CENTER: $3.6 million in property tax, $1.5 million in sales tax
-MONTECITO PARTNERS: $1.7 million in property tax, sales tax not available
-HALLIER PROPERTIES LLC/PANORAMA TOWERS: $2.8 million in property tax, sales tax not available
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Total property tax abatements: $642.5 million
Total sales tax abatement: $297 million
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