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Thursday, August 2, 2012

Field of Schemes new post Vegas arena plan quashed by judge, leaving only a gazillion plans remaining

Okay, that’s one of Las Vegas’ umpteen stadium and arena plans down, anyway: The Nevada Supreme Court has booted Ceasars Entertainment’s $500 million arena proposal from the November ballot, ruling that the qualifying petitions were invalid because they didn’t say where the arena would be built. Under state law, the whole referendum — which would have set up a sales tax surcharge district around the arena and given the money to Caesars to pay construction costs — now has to go back to the drawing board.

One reason the court ruled that the petitions were confusing, ironically, is that Vegas has so many other arena plans being proposed that it was worried voters would be confused about just what the heck they were signing up for. Nothing new on any of them for the moment, but it’s only a matter of time before Chris Milam decides he needs to get his name in the paper again.



from Field of Schemes http://www.fieldofschemes.com/2012/08/02/3611/vegas-arena-plan-quashed-by-judge-leaving-only-a-gazillion-plans-remaining/

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