Moody's cites low tax collections among reasons for drop.
Taxing district conditionally approves $75,000, is checking with its lawyers.
At issue are plans for an 8.5-acre property.
Rio Nuevo tries to attract more shows, customers to aging Convention Center.
Losing bidder protests Rio Nuevo selection of a developer for 8.5 acres downtown.
Rio Nuevo hires Beach Boys for TCC reopening celebration.
Board agrees to open talks with downtown landowner.
Norville's victory was greatly helped by board member Alberto Moore's vote.
Two developers have plans; board wants more time.
Board to weigh $100 million proposals for downtown property.
For years Rio Nuevo has been shortchanged on revenues because not every business that is supposed to be paying into the district has been.
The Santa Cruz River hasn’t flowed through Tucson in 70 years — but some local officials would like to change that.
Rio Nuevo's volatile sales tax collections and its inability to track businesses that aren’t paying into the district as the primary reasons for a drop in its credit rating.
Tucson’s Greyhound Bus Depot might have to find a new home in the near future.
Rio Nuevo has pushed a downtown hotel project closer to reality.
The pigs have flown — Arizona lawmakers, without a nay vote among them, passed legislation that frees the Rio Nuevo board to spend money on downtown projects without yoking them to building a hotel.
Rio Nuevo has gotten the green light from the state to start spending money on downtown redevelopment without building a hotel first.
Tucson could soon get out from under a 55-year lease for a downtown dirt lot for which it pays about $195,000 a year in rent to a trust benefiting former Rep. Gabrielle Giffords’ family.
The downtown redevelopment project synonymous with waste and mismanagement will still be known as Rio Nuevo — but the district board still awarded $4,000 in prize money in a contest to find the best new name.
Rio Nuevo took steps this week to help move along a potential downtown hotel and exhibition center.