Las Vegas Sun

November 27, 2014

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Letter to the editor:

Stadium plan is a ridiculous idea

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When will the administration at UNLV and the other people of influence in this town understand how offensive it is to a lot of the locals to wake up to a headline shouting “UNLV promotes stadium plan”?

I’ve lived in this town for 29 years and this kind of hubris still amazes me. For the university’s part, the members of the administration backing this plan should be ashamed. Don’t they realize what it sounds like proposing to spend $800 million in taxpayer money on a “mega-events” center while complaining about the negative effect the austerity diet imposed by the Legislature has had on the ability of UNLV to properly serve the community? It is nothing short of shameful of them to shill for developers who seem to think “the larger the project, the easier it will be to sell to the public.” I suppose this is based on the theory that the lack of something this grandiose is hurting Las Vegas’ image.

I’m guessing that every funding source the developer approached with this ill-advised scheme found it too risky to consider. Why then should our elected representatives be so dumb as to consider making the developers rich at the taxpayers’ expense? Aren’t they aware that “build it and they will come” was only a movie? Where will it all end?

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  1. The mega events center proposal is emblematic of what goes on everywhere, including in Washington DC. Powerful interests who would benefit from some kind of 'spending' proposed it to our elected representatives. Even though it is ill timed in a terrible economy and the only way it makes sense is with private financing, our elected representatives still consider allocating public money to help fund it.

    Until we stop rewarding our elected representatives with re-election and basically ignoring their terrible decisions, we will continue to get exactly what we deserve.

    Michael

  2. Whatever the original costs estimates are said to be, the final price tag will be AT LEAST double those. Factor that reality into the equation when you're defending/opposing it.

    CarmineD

  3. The writer is correct that the stadium may be a case of misplaced priorities. Is education the mission of UNLV or is it sports and entertainment?

  4. Crazy!

  5. People who want to blame the UNLV administration for wanting the mega events center should re-evaluate. They want to enhance the University and they believe the mega events center will do that. I'm fine with that although I disagree with their priorities.

    Here's the real problem. Any mega events center here in Las Vegas, whether it be on the UNLV campus or elsewhere, seems unable to be built without taxpayer funds.

    I have to really question the intelligence and character of people, especially our elected officials, who think that spending tax dollars on a mega event center in this city, in this economy, at this time, is a 'wise' use of taxpayer funds.

    Any elected official who supports this use of tax payer dollars will not get my vote.

    Michael

  6. Really is to bad that the letter writer did not pay attention to the details.

    This does not involve $800 million in taxpayer money. It involves no local taxpayer money at all and no cost to UNLV except property.

    As long as they are not hitting on us for the money let them build it. It can't hurt.

  7. "This does not involve $800 million in taxpayer money. It involves no local taxpayer money at all and no cost to UNLV except property." @ vegaslee

    From the article in the RJ about the Stadium:

    "Then there's the question of who should pay. Stadium projects like this are called public-private partnerships, but the public usually shoulders most of the cost - $2 for each "private" $1."

    It was too lengthy to post the article here. Read it. The Nevada assembly was asked to establish a "tax district" for the stadium complex in the future to defray costs to build. Monies will be collected from the events' attendees in the form of taxes to defray the $800-$900 Million price tag. Go back and read my post above about the initial and final costs fro projects like these. The final cost will be twice the original amount, AT LEAST.

    CarmineD

  8. You stated it yourself Carmine.

    "Monies will be collected from the events' attendees in the form of taxes to defray the $800-$900 Million price tag."

    Those using the project will pay for it. The type of district they are talking about is they will get to keep property taxes, sales tax, entertainment taxes from the project to help pay for it. They are not coming to you with their hand out wanting to raise your taxes in anyway.

    Betting you are correct on the cost. Most projects end up costing more than first stated. As long as they set it up so that local tax payers are not on the hook for it I don't see a problem here.