The bored is pretty quiet right now... figured this may be a worthy topic and it directly relates to UNLV.
Does anyone have any insight to how much of a reserve has been set aside to cover payments for the stadium?
With Vegas being a tourist ghost town right now, it could get ugly if the state has to start covering payments from monies outside of the money that is being saved for the stadium payments. If I remember right there was to be a reserve fund set up to cover payments but for how long and is that reserve fund full?
Ideally its more than full and there is enough set aside to cover payments for a year or more.
I am thinking its going to be a long 18-24 months for the Vegas economy. Hopefully that reserve fund is full and will be activated when needed.
Does anyone have any insight to how much of a reserve has been set aside to cover payments for the stadium?
With Vegas being a tourist ghost town right now, it could get ugly if the state has to start covering payments from monies outside of the money that is being saved for the stadium payments. If I remember right there was to be a reserve fund set up to cover payments but for how long and is that reserve fund full?
Ideally its more than full and there is enough set aside to cover payments for a year or more.
I am thinking its going to be a long 18-24 months for the Vegas economy. Hopefully that reserve fund is full and will be activated when needed.
