Shop Oakland 2017 Plaid Friday Weekend Nov 24-26 - Video
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Friday, November 24, 2017
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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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
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
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
Thursday, November 23, 2017
Mississippi State QB suffers gruesome leg injury in Egg Bowl – New York Post
New York PostNick Fitzgerald has been one of the best quarterbacks in the SEC this season, but he had to leave the Egg Bowl with a horrific injury. Fitzgerald, who had helped Mississippi State to an 8-3 record and the No. 14 spot in the most recent College Football … and more …read more Source:: […]
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Black Friday 2017: Your Best Bargain Bet Might Be a TV – New York Times
New York TimesA separate survey conducted for The New York Times this month by the online polling firm SurveyMonkey likewise found that confidence was high and stable — neither survey has moved much in response to political turmoil in Washington or crises overseas. and more …read more Source:: New York City News By Google News
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Knicks and Tim Hardaway Jr.: A forced marriage works perfectly – New York Post
New York Post“It’s nice. It’s a great community, great neighborhood. People are great. Everyone’s great in New York but it’s family-oriented. I don’t get bothered.” After a slow start, Hardaway’s scoring average is up to 18.4 per game, collecting 4.5 rebounds and …‘Explicit’ halftime talk leads Knicks to historic win against TorontoESPN (blog)New York Knicks: […]
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Detroit Lions Matt Stanford TD Pass Called Off, Bad Call
Detroit Lions Matt Stanford TD Pass Called Off, Bad Call - Video
Detroit Lions Matt Stanford TD Pass Called Off, Bad Call Minnesota Vikings at Detroit Lions Thanksgiving Day NFL Game 2017
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Detroit Lions Matt Stanford TD Pass Called Off, Bad Call Minnesota Vikings at Detroit Lions Thanksgiving Day NFL Game 2017
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Detroit Lions Matt Stanford TD Pass Called Off, Bad Call
Detroit Lions Matt Stanford TD Pass Called Off, Bad Call - Video
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Happy Thanksgiving To Zennie62 Fans, Friends, Family, And Everyone
Happy Thanksgiving To Zennie62 Fans, Friends, Family, And Everyone - Video
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Happy Thanksgiving To Zennie62 Fans, Friends, Family, And Everyone
Happy Thanksgiving To Zennie62 Fans, Friends, Family, And Everyone - Video
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Homes for Sale in New York and New Jersey – New York Times
New York TimesIn Huntington Bay, New York, a six-bedroom, four-and-two-half-bath renovated 1902 Victorian with a covered fir front porch and a mahogany back deck with seasonal water views, a porte cochere, two fireplaces, an unfinished basement, an attached one-car … …read more Source:: New York City News By Google News
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Militant Leader Hafiz Saeed Is Released by Pakistani Court – New York Times
New York TimesIn an interview with The New York Times in September, Naveed Qamar, the Milli Muslim League’s campaign manager, said the party had the blessings of Mr. Saeed, who would lead it once he was released. “Once he gets out and restarts all his activities and … and more …read more Source:: New York […]
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Ratko Mladic, Zimbabwe, Manus Island: Your Thursday Briefing – New York Times
New York TimesUEFA, European soccer’s governing body, will decide early next month whether to grant A.C. Milan a waiver from so-called financial fair play rules. A recent Times article raised doubts about the financial resources of the club’s Chinese owner. [The New … and more …read more Source:: New York City News By Google News
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