A proposed Santa Barbara County program that would have given Los Angeles developer Rick Caruso a $15 million tax rebate to revive a hotel in Montecito faces a major hurdle after county officials concluded that developers must trade the rebate for potentially much higher construction labor costs. A Caruso Affiliated spokesman declined to comment on…
This article is only available to Business Times subscribers
Subscribers: LOG IN or REGISTER for complete digital access.
Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
