Council approves performance‑based HOT rebate for proposed Marriott at Silo Ranch
Council approved a 10‑year hotel‑occupancy‑tax (HOT) rebate agreement for a proposed dual‑brand Marriott at Silo Ranch, tied to HOT revenue generated by the new hotel and requiring a minimum private investment and a 4,000‑sq.‑ft. meeting space.
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City staff presented a performance‑based hotel occupancy tax (HOT) rebate agreement for a proposed dual‑brand Marriott at the Silo Ranch development on Highway 95 and council approved the agreement.
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