Saturday, Feb. 2, 2013 | 2:03 a.m.
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Boosters of the proposed UNLV stadium have run an impressive PR campaign to obtain state funding for their project. For the past few months, UNLV’s Don Snyder and Neal Smatresk and others have repeatedly appeared on TV, hyping the stadium by touting the report of their supposedly independent consultant.
The report projects that the stadium will provide millions of dollars to UNLV academic programs and millions more for the Las Vegas economy. And it assures us that everything in our community will get better as soon as the stadium is built. All that will be needed, we were told, is legislation for a special taxing district to provide for some of the construction costs.
Surprise! Surprise! Snyder now advises that we must plan for the possibility that money from the special taxing district may not be enough. The extra money that may be required will necessitate a modest hotel room tax increase in case a few more dollars are required.
Does anyone think these guys just found out how much the stadium will cost or how much the taxing district will generate? I certainly don’t. I hope the Legislature sees through this charade and tells the UNLV Now group to figure out another way to finance its boondoggle.
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