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March 2, 2015

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Petition supporting Strip arena advances with 221,874 signatures

CARSON CITY – A proposal to build a sports and entertainment arena on the Las Vegas Strip has cleared another hurdle.

The Secretary of State’s office said today the backers of the project gathered 221,874 signatures on their initiative petition, far in excess of the 97,002 signers required.

Deputy Secretary of State Matt Griffin said the petition now would be returned to the state's counties to verify that 5 percent of those who signed the petition were registered voters.

The petition calls for an increase of 0.9 percent in the sales and use tax to build an arena with at least 18,000 seats to attract an NBA or NHL team. The tax would be imposed in a gaming enterprise zone on the Strip.

Signatures were required in each of Nevada’s three congressional districts.

Griffin said there were 53,199 signatures obtained in District 1. The requirement was 24,944 in the district represented by Rep. Shelley Berkley. The backers of the stadium collected 70,227 signatures in District 2, where 34,479 were required. This is the district of Rep. Dean Heller and encompasses rural areas of the state.

In District 3, Griffin said 88,448 signatures were obtained, while 37,561 were required. This is the district of Rep. Dina Titus.

If the petition passes its test of having 5 percent of registered voters verified, it would be presented to the 2011 Nevada Legislature, which must act on it within 40 days. It can approve, reject or modify the proposal.

If the Legislature rejects, modifies or doesn't take action, the petition would go on the statewide election ballot in 2012.

The proposal has been backed by Harrah’s but is opposed by MGM Resorts International.

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  1. Koval Street is not capable of handling the traffic an arena placed behind Harrahs.

  2. Looking at sources of funds is secondary to the first and only concern and that is how much is this beast going to cost? I guaratee you the costs will be downplayed agains the revenue projections and all the shell games that will end up in the lap of the taxpayer. The only benefit will be the owner of the team.

  3. Privatizing Profits and socializing the expenses

  4. I think that the 221,874 people who signed the petition should contribute $1,000.00 each toward the construction of the arena. That's not a lot of money for folk who don't mind spending other people's money and their payment would net nearly one-quarter of one billion dollars. That should get the project started. Since the petition they signed probably asked for their address, why don't you sent each of them a letter requesting their contribution? Or, might you think, heaven forbid, that they want me and the rest of us who disagree, to pay for it?

  5. Did I miss something? The Sales and Use Tax is on Casino Properties Only in the immediate area of the Arena? No Property Taxes, Sales Taxes or other Fees would be applied to anyone outside the immediate area of the Arena? Please Tell me YES.
    If Yes there is a benefit to the community to retain the PBR - CMA - and attract major Concerts and Shows to a venue that is affordable to Locals.

    Could we double the Fee and also build a Real Research Hospital? It's time for the Gaming industry to lead and help reshape this city by developing a great quality of life that will attract the jobs everyone keeps talking about.