Financing

By Sean Whaley / Nevada News Bureau
CARSON CITY – While Secretary of State Ross Miller has announced he will voluntarily post his campaign contribution and expense report early so voters can review the information prior to casting their ballots in the Nov. 2 general election, other candidates are not ready to follow suit.

Carson City Manager Larry Werner told the Board of Supervisors today that they are hoping to wrap up work on cost estimates for the city's portion of the Nugget Project by the end of the day.

Werner said that these cost estimates would determine if they had a feasible project or not, compared with the funding that would be provided by a 1/8 cent sales tax increase and tax increment financing.

He told the board that the results would be presented to the citizen's committee, whose next meeting is tentatively scheduled for Sept. 27.

There is an interesting discussion going on over at the Nevada Appeal site concerning the Nugget Project.

The story begins two week ago when Guy Farmer wrote a rather harsh column that slammed the Nugget Project. In response, last week there was a guest column by Michael Douglass criticizing Farmer's take on the subject.

It's a bit of a challenge to follow the story out today about what's happening with the Carson City Center/Nugget Project.

It starts out saying that Nugget President Steve Neighbors is "encouraged" by the response from the governor's office, after meeting with them to discuss their concerns about the state's role in the project. Those concerns were expressed in a letter from the governor's Deputy Chief of Staff Lynn Hettrick last month.

But later on in today's story, Hettrick said the same issues about providing sufficient space for the Department of Health and Human Services and parking remain. I detailed how this affects the project here, and ran the numbers to show how the state office component of the plan doesn't pencil out.

by Scott Schrantz Source: http://aroundcarson.com/2010/07/07/new_plans_for_city_center_uninspiring_and_underwhelming

Obtaining leases from three state agencies has been cited by the people pushing the Nugget Project as a critical piece to its success.

But, there's been more than a little skepticism that the State of Nevada, staring down the barrel of a $3 billion deficit in its next budget, has any appetite for spending money it doesn't have to.

Check out the live video and discussion below. Hot topics include the request for $75,000 to proceed with planning for the Nugget Project, and requests by local businesses and organizations for redevelopment money. The agenda is here.

Legislators this week voiced objections to the passage of Senate Bill 5 during the 2010 special session, which lifted the sunset on a temporary sales tax increase that was passed by voters in 2002.

Executives from P3 Development were introduced to the members of the Carson Nugget Redevelopment Advisory Committee tonight, saying they were looking forward to working as partners with Carson City and the Nugget.

For a play-by-play of the meeting, check out the live blog here.

Coral Academy of Science Charter School representatives and parents will be in Carson City on Wednesday, May 12, 2010, at 6:30 p.m. at Western Nevada College in Marlette Hall to discuss the possibility of bringing Coral Academy to Carson City.

CARSON CITY – The Nevada Highway Users Coalition has announced its support for moving forward with a study on Vehicle Miles Traveled (VMT) as a potential alternative to the current gas tax paid by motorists at the pump to fund road improvements and maintenance.
According to those involved in the study, the consequences of inaction could include the deterioration of roads and highways, increased vehicle wear and tear, increased congestion and accidents and longer commute times.

Lt. Gov. Brian Krolicki will address the business community at 6 p.m. on Wednesday, March 31 at Carson Valley Inn, 1627 Highway 50 in Minden.

CARSON CITY – Nevada’s political leaders have emphasized repeatedly in recent months that the state faces a huge funding shortfall in 2011, perhaps as much as a $3 billion hole that will make the r

Members of the newly formed Carson Nugget Development Advisory Committee received an extensive briefing tonight on where the project is now, and what still needs to be worked out.

Nugget President Steve Neighbors and project consultant Mark Lewis were on hand to answer the committee's questions about the project before a capacity audience in the Sierra Room at the Carson City Community Center.

One of the first questions I heard raised about the Nugget redevelopment project had to do with who would own the land.

Some people have the false impression that the Carson Nugget is donating the land to the city.

As it has been proposed, the new library, public plaza and other pieces paid for by the city would be sitting on land owned by the foundation created by Nugget President Steve Neighbors, in accordance with the wishes of late owner Mae Adams.

Editorial by Dave Morgan

An article in the Nevada Appeal this morning attempts to get new information from the Nugget Project’s “go to guy,” Steve Neighbors. Neighbors, who is now the owner of the Nugget, is quoted as saying that the project still lacks a developer to shoulder the “private industry” half of the project. That’s about all that’s new from Neighbors, that they STILL don’t have a private partner.

For several weeks, I've been working to put together a complete examination of the Carson Nugget downtown redevelopment project.

Thank you Mr. Livermore for bringing some sanity to the table!

Let’s pray for our supervisors to have the strength to resist the sweet tunes from the lips of the evil enticer, and the sobriety to see whom they’re dealing with.

Okay, the Nugget will own the land and lease space to the city so we ( the taxpayers ) can build the new Library/Learning Center/Business Incubator.To these rheumey old eyes this doesn’t look to be

(Click image to play video)
More details are coming out on the proposed Nugget Downtown Project it’s partnering with the city.

To Mickeyme: The “incentive program” offered by Redevelopment is to encourage those who may not qualify for normal bank financing access to city funds that do not have to be paid back if the new b