FAQs: Frequently Asked Questions
What is the new CID and why is it necessary?
The proposed new CID is a 0.9% additional sales tax on the Club portion of the project only.
This sales tax is in addition to the City and the State sales taxes, plus the 1.1% CID sales tax that is already in place. It will run for 22-years and is only applied to Club sales and will not apply to sales in the North Phase or South Phase retail components. It is designed to provide additional incentive to the developer to bridge the gap in financing the cost increases for the South Phase.