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Council approves up-to $35 million STAR bonds for Legends at Sparks Marina to reimburse past project costs
Sparks City Council · September 23, 2025
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Summary
Council approved ordinance authorizing up to $35 million in sales-tax anticipated revenue bonds to reimburse previously incurred eligible costs for the Legends outlet mall; bonds are repayable solely from project-area sales taxes and must mature by June 2028.
The Sparks City Council on Sept. 22 approved bill 2841 authorizing the issuance of sales-tax anticipated revenue (STAR) bonds for the Legends at Sparks Marina in a maximum aggregate principal amount of $35,000,000 to reimburse previously incurred…
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