State tourism commission approves improvement district for Area 15

The Nevada Commission on Tourism has determined that a planned art and retail project south of Palace Station would draw more than half of its visitors from out of town and qualifies as a tourism improvement district... As a qualified district, 3.13 percent of tax revenue would be diverted directly to the development of the area — an estimated $688,000 annually for the 10 years the district would be in place.

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