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Message
re: Nevada Senate passes Vegas stadium vote; Assembly passes 28-13
Posted on 10/18/16 at 2:59 pm to UltimateHog
Posted on 10/18/16 at 2:59 pm to UltimateHog
Finally read some info on this,
First question, maybe someone has already answered, but the stadium is said to be projected to cost $1.9 Billion, Mark Davis is kicking in $500 Million, Nevada has approved $750 Million for the project.
That still leaves almost $700 Million left to cover. Where is this money going to come from? Certainly not the NFL. I'm guessing taxpayers will have to cover the rest and the cost-overruns that will surely happen.
So the public will cough up somewhere close to a Billion extra dollars to get this stadium done.
First question, maybe someone has already answered, but the stadium is said to be projected to cost $1.9 Billion, Mark Davis is kicking in $500 Million, Nevada has approved $750 Million for the project.
That still leaves almost $700 Million left to cover. Where is this money going to come from? Certainly not the NFL. I'm guessing taxpayers will have to cover the rest and the cost-overruns that will surely happen.
So the public will cough up somewhere close to a Billion extra dollars to get this stadium done.
Posted on 10/18/16 at 3:02 pm to CtotheVrzrbck
I thought it was From Sheldon Adelson or is he only covering overages?
Posted on 10/18/16 at 3:06 pm to CtotheVrzrbck
quote:
That still leaves almost $700 Million left to cover. Where is this money going to come from? Certainly not the NFL. I'm guessing taxpayers will have to cover the rest and the cost-overruns that will surely happen.
Hotel tax increase like the Chargers wanna do. Vistors will be paying for this greatness
Posted on 10/18/16 at 5:43 pm to CtotheVrzrbck
Sheldon Adelson is paying for the rest and any overruns. 14th richest man in US at 34 billion.
You're also forgetting that around a few hundred million is going to renovate the convention center.
You're also forgetting that around a few hundred million is going to renovate the convention center.
This post was edited on 10/18/16 at 6:08 pm
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