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Mississippi Casino Resort Close to Settling Dispute

BILOXI, Mississippi – As reported by the Associated Press: "Beau Rivage officials have reached a possible settlement of their dispute with Harrison County supervisors over property taxes for the Gulf Coast casino resort, county officials said.

"…Harrison County was sued by Beau Rivage in 2001. The lawsuit claims the Beau Rivage's property tax assessment was too high.

"The county had assessed the property value at about $440 million. The casino believed the property should be valued at about $219 million.

"In the proposed settlement, Harrison County supervisors have agreed to cut $100 million from Beau Rivage's tax value. The cut will result in a $1.5 million loss in property taxes…"

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