Nevada sports arena initiative cleared for ballot following rejection by lawmakers
March 18, 2011
CARSON CITY, Nevada: A measure that would allow a 20,000-seat sports arena on the Las Vegas Strip will appear on the ballot on November 6, 2012 following legislative action this week. The indirect initiated state statute required a minimum of 97,002 valid signatures and a review by the Nevada State Legislature.[1]
The legislature had a March 18 deadline to decide whether or not to enact the measure. Early reports indicated that there was not enough support in the legislature for the measure to be approved, meaning it was likely to appear on the 2012 ballot.[2] On March 17 the state Senate confirmed that sentiment and rejected the measure, sending it to the statewide ballot for a public vote.[3]
In addition to allowing a 20,000-seat sports arena on the Las Vegas Strip, the initiative would impose a 0.9 cent sales tax in a taxing district near the proposed arena. The revenue would finance bonds to construct the arena.[4]
See also
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Footnotes
- ↑ Las Vegas Review-Journal, "Lawmakers reject Caesars' stadium petition; proposal goes to public vote," March 17, 2011
- ↑ Las Vegas Sun, "Caesars Entertainment will take arena proposal to the people," March 10, 2011
- ↑ Associated Press, "Nevada Senate rejects Vegas arena initiative," March 17, 2011
- ↑ Las Vegas Sun, "Judge lets Harrah’s proceed with petition to build sports arena," September 21, 2010
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