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Tuesday, Nov. 16, 2010 | 1:41 p.m.
Sun archives
- Symphony Park targeted for sports arena (11-12-2010)
- Mayor: American League team says no to Las Vegas (8-26-2010)
- Mayor: Without public funding for arena, Las Vegas won't get NBA team (7-22-2010)
- Mayor skeptical about NBA ‘contract’ for proposed Strip arena (7-15-2010)
- NBA team ‘under contract’ if Las Vegas builds an arena (7-14-2010)
- Strip sports arena has very little support (6-10-2010)
- MGM Mirage opposes arena options seeking public financing (5-18-2010)
- County wants arena details, says public money unlikely (4-6-2010)
- Cowboys Stadium poses Texas-sized threat to Vegas (3-21-2010)
- Jerry Jones says Cowboys, NFL will lift boxing (3-9-2010)
- New arena plans promise jobs but seek public money (3-4-2010)
- Rodeo rustler? Tourism officials worry Dallas Cowboys owner could steal Vegas event (3-4-2010)
- City OKs plan to study downtown arena, entertainment district (11-4-2009)
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.
http://www.lasvegassun.com/news/2010/aug...
Such a waste of money
What does Chunky (aka Arnold Stang) think?
Koval Street is not capable of handling the traffic an arena placed behind Harrahs.
Ill be the first two buy some season tickets!
Build the areana downtown and do it with private funds or dont do it at all.
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.
Can anyone explain why voters outside the area of the proposed tax district are required to vote on it? This reasoning indicates that if Henderson voters want a tax increase in North Las Vegas, they can get it by a simple vote. Simple logic dictates that only the registered voters within the taxing district should be permitted to vote on this tax increase issue.
I know we've got full employment, terrific infrastructure, and a top-notch education system, but isn't our state rolling in so much dough that using sales tax revenue so private corporations can generate profits is unnecessary? Can't they just use all the money we made from Neonopolis?
Building it and bringing a NBA team here would be great. Hockey would be lame.
Privatizing Profits and socializing the expenses
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?
I spend money on the Strip on a regular basis going to restaurants, I do NOT want to pay extra taxes so the city can build an arena.
If these areans are such a great deal then why do they need to ask taxpayers to fund it.
Wow. I totally did not expect those signatures! I think an arena would be great. Jobs, construction, and a chance at keeping the rodeos in town, as well as hopefully attracting new concerts/events.
Now, I just wish they would get this many signatures for a new water park....
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.
^^^Anyone going to the Strip and spending money on the Strip will be taxed more. I do not want to pay more taxes so someone can build an arena. Anyone buying any taxable items will pay more. Locals, employees on the Strip and visitors from out of State will pay more. Hell NO!!!
How many of the people who signed the petition actually read it before signing?
I was completely misled by the person who handed me the petition and once I read it, I refused to sign it.
We don't need more taxes for anything other than perhaps education if it comes to that.
I was approached at the Lutheran Church polling station on Sahara but I did not sign. I said, HELL NO!!!