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Friday, November 24, 2017

Jeff Bezos Is Worth $100 Billion Yet Amazon Asks For Government Tax Breaks In Amazon HQ2 Search

Jeff Bezos Is Worth $100 Billion Yet Amazon Asks For Government Tax Breaks In Amazon HQ2 Search - Video

Jeff Bezos Is Worth $100 Billion Yet Amazon Asks For Government Tax Breaks In Amazon HQ2 Search
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Jeff Bezos Is Worth $100 Billion Yet Amazon Asks For Government Tax Breaks In Amazon HQ2 Search

Jeff Bezos Is Worth $100 Billion Yet Amazon Asks For Government Tax Breaks In Amazon HQ2 Search - Video

Jeff Bezos Is Worth $100 Billion Yet Amazon Asks For Government Tax Breaks In Amazon HQ2 Search
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New York woman killed by hunter while walking dogs – CNN

CNNOstrander said it was his understanding that Rosemary Billquist was probably on a neighbor’s property when she was shot, apparently after sundown. New York laws prohibit the hunting of deer after sunset, Ostrander said. “It’s the responsibility of the …New York woman shot by hunter who mistook her for deerKIRO SeattleNew York woman shot dead […]

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Black Friday 2017: A Run on Sneakers in LA, and a Frenzy Online – New York Times

New York TimesShopping deals from The Wirecutter, a product review and recommendation site owned by The New York Times. • Sneaker sales drew lines in Los Angeles; in Dallas, there were few early crowds to battle. • History and facts about Black Friday. (Did you know … and more …read more Source:: New York City […]

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What Can New York Learn from London’s Underground? – VICE

VICEIn early 2019, the L train in New York City will shut down for 15 months to repair damage caused during Hurricane Sandy. Leading up to the closure, VICE will be providing relevant updates and policy proposals, as well as profiles of community members …New York’s multi-million dollar subway train breaks down on its FIRST […]

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Shop Oakland 2017 Plaid Friday Weekend Nov 24-26

Shop Oakland 2017 Plaid Friday Weekend Nov 24-26 - Video

Shop Oakland 2017 Plaid Friday Weekend Nov 24-26
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Shop Oakland 2017 Plaid Friday Weekend Nov 24-26

Shop Oakland 2017 Plaid Friday Weekend Nov 24-26 - Video

Shop Oakland 2017 Plaid Friday Weekend Nov 24-26
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Oscar Pistorius’s Murder Sentence Is Increased to 15 Years – New York Times

New York TimesSouth Africa’s Supreme Court of Appeal on Friday more than doubled the sentence imposed by a lower court on Oscar Pistorius, a double-amputee Olympic sprinter convicted of killing his girlfriend, Reeva Steenkamp, in his home in February 2013. The case … and more …read more Source:: New York City News By Google News

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New York Giants vs. Washington Redskins RECAP, score and stats (11/23/17) – NJ.com

NJ.comThe New York Giants, led by quarterback Eli Manning and tight end Evan Engram faced the Washington Redskins in an NFL Week 12 Thanksgiving Night contest between two NFC East rivals on Thursday, November 23, 2017, at FedEx Field (11/23/2017).Giants’ Eli Apple a healthy scratch vs. RedskinsESPNNew York Football Turkeys are what we thought they […]

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Oakland Raiders Las Vegas NFL Stadium Hotel Tax Rate Is Too Small For Bond Debt Service On $750 Mil

Oakland Raiders Las Vegas NFL Stadium Hotel Tax Rate Is Too Small For Bond Debt Service On $750 Mil - Video

Last year, during the meetings of the Southern Nevada Tourism and Infrastructure Committee, I asserted that the proposed Clark County Las Vegas Raiders - UNLV Hotel Stadium Tax Rate of first 7-tenths of one percent, and then the approved 88-100ths of one percent were too small to service the proposed $750 million stadium subsidy bond. Now, this year, the actual stadium hotel tax revenue started to be collected in March, and shortly after that, I repeated my argument – the Stadium Authority reps said I was wrong. Now, we have eight months of stadium hotel tax revenue in, and what we see is this: the stadium hotel tax revenue should be 1.5 times the proposed monthly bond debt service – that is the debt coverage ratio. So, if the bond is only $700 million, as Stadium Authority President Steven Hill said it would be because they expected $50 million in stadium hotel tax revenue to be collected by the time the bond was actually floated by Clark County, then assuming 4.14 percent interest rate and 30 years, the debt service per month would be $3,398,651.34 – and the revenue from the tax rate per month should be $5,097,977. If we take the actual monthly stadium hotel tax revenue, and compare it to the monthly revenue needed to cover the debt service with a coverage ratio of 1.5, which is $5,097,977 – we get deficits for each month to date. So what if we extend the bond period to 40 years at the same interest rate? That would bring the debt service per month down to $3,190,000. Or let's just take it down to $3 million per month, which would call for $4.5 million in revenue needed per month. Guess what? Looking at our monthly revenue collected from March 2017 to now, we see a surplus only in the month of March – all other months show shortfalls. And show that the debt coverage ratio of 1.5 to 1 was maintained only for March and for no other month this year to date. In other words, under these circumstances, the hotel stadium tax monthly revenue stream is not enough to even think about floating a stadium bond of even $700 million, let alone $750 million – the revenue gap means Raiders stadium bond underwriters would ask to dip into Clark County's General Fund to make up the difference each month. In other words, the Clark County taxpayers would help pay for the stadium, not just the hotel tax. Early on in the 2016 SNTIC meetings, a smaller subsidy of $550 million was proposed, but the Oakland Raiders and Las Vegas Sands and Majestic insisted on the $750 million subsidy or they would walk away. Now we see that the Clark County Officials should have told them bye-bye. Stay tuned. PLEASE INVEST IN ZENNIE62MEDIA VIA PAYPALHERE: http://ift.tt/2u7j8De
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Oakland Raiders Las Vegas NFL Stadium Hotel Tax Rate Is Too Small For Bond Debt Service On $750 Mil

Oakland Raiders Las Vegas NFL Stadium Hotel Tax Rate Is Too Small For Bond Debt Service On $750 Mil - Video

Last year, during the meetings of the Southern Nevada Tourism and Infrastructure Committee, I asserted that the proposed Clark County Las Vegas Raiders - UNLV Hotel Stadium Tax Rate of first 7-tenths of one percent, and then the approved 88-100ths of one percent were too small to service the proposed $750 million stadium subsidy bond. Now, this year, the actual stadium hotel tax revenue started to be collected in March, and shortly after that, I repeated my argument – the Stadium Authority reps said I was wrong. Now, we have eight months of stadium hotel tax revenue in, and what we see is this: the stadium hotel tax revenue should be 1.5 times the proposed monthly bond debt service – that is the debt coverage ratio. So, if the bond is only $700 million, as Stadium Authority President Steven Hill said it would be because they expected $50 million in stadium hotel tax revenue to be collected by the time the bond was actually floated by Clark County, then assuming 4.14 percent interest rate and 30 years, the debt service per month would be $3,398,651.34 – and the revenue from the tax rate per month should be $5,097,977. If we take the actual monthly stadium hotel tax revenue, and compare it to the monthly revenue needed to cover the debt service with a coverage ratio of 1.5, which is $5,097,977 – we get deficits for each month to date. So what if we extend the bond period to 40 years at the same interest rate? That would bring the debt service per month down to $3,190,000. Or let's just take it down to $3 million per month, which would call for $4.5 million in revenue needed per month. Guess what? Looking at our monthly revenue collected from March 2017 to now, we see a surplus only in the month of March – all other months show shortfalls. And show that the debt coverage ratio of 1.5 to 1 was maintained only for March and for no other month this year to date. In other words, under these circumstances, the hotel stadium tax monthly revenue stream is not enough to even think about floating a stadium bond of even $700 million, let alone $750 million – the revenue gap means Raiders stadium bond underwriters would ask to dip into Clark County's General Fund to make up the difference each month. In other words, the Clark County taxpayers would help pay for the stadium, not just the hotel tax. Early on in the 2016 SNTIC meetings, a smaller subsidy of $550 million was proposed, but the Oakland Raiders and Las Vegas Sands and Majestic insisted on the $750 million subsidy or they would walk away. Now we see that the Clark County Officials should have told them bye-bye. Stay tuned. PLEASE INVEST IN ZENNIE62MEDIA VIA PAYPALHERE: http://ift.tt/2u7j8De
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https://youtu.be/eXfveJIoMag

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