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DENVER—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 ( ), 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,
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Information from: The Denver Post,
