financial analyst jeremy aguero went into detail about this today. he says visitors would see a point 88 percent hike for hotels on the strip, point 5 percent hike for hoteks within 25 miles of the stadium and no tax for hotels outside of that radius. we also heard from a local labor union thats excited about this project and the opportunities it marco hernandez: it means for us to create jobs, to have the opportunity to build it and make sure our members get a hand on to build it and be excited to move the city of las vegas to the next level (12) hernandez told me that local 872 is in touch with developers to make sure union workers get a fair shake when it comes to construction jobs. most recently - 500 of the union's members worked on the t-mobile arena. todays meeting wrapped up a bit ago and no decisions were made but developers are on a tight deadline. they want this deal to be approved by the legislature next month so they can move forward with the nfl your thoughts about the n-f-l stadium. head to our website fox five vegas dot com... to answ

financial analyst jeremy aguero says the tax would apply to hotels within 25 miles of the stadium. a local labor union says its excited about the project creating jobs. "we want to be part of it. excited to be part of new era of las vegs moving to stadium for whole team and stuff like "lets build it were ready for it. ya know." the committee could finalize a recommendation for the legislature as early as next week. we want to know your thoughts about the proposed n-f-l stadium. head to our website fox five vegas dot com. to answer a new poll. "do you support partial public funding for the proposed n-f-l stadium?" you can find it under the news bike-sharing is booming around the country. but its not always easy to lug around that helmet. so one company is changing the game. "eco helmet" has created a foldable bike helmet out of paper. its coated with corn-based wax to make it waterproof. inventors say the helmet can withstand the impact of ten pounds of weight dropped on it from three feet. it does not meet u-s safety standards... but the company hopes to change that soon. las vegas

financial analyst jeremy aguero says visitors would see a small hike for hotels on the strip... and even smaller hike for hotels within 25 miles of the stadium... and no tax for hotels outside that radius. a local labor union says they're excited about the project creating jobs. we want to be part of it. excited to be part of new era of las vegs moving to stadium for whole team and stuff like that." "lets build it were ready for it. ya know." no decision was made today... but the committee could finalize a recommendation for the legislature next week. las vegas sands want to prepare their pitch for the n-f-l's consideration. we want to know your thoughts about the n-f-l stadium. head to our website fox five vegas dot com... to answer a new poll. "do you support partial public funding for the proposed n-f-l stadium?". it's located on the news page. bail is set to one- point-62 million dollars -- for the homicide suspect who escaped from north las vegas police custody on friday. this bringth total bail for alonso perez up to one-point-seven million dollars, for charges in two citi

financial analyst jeremy aguero went into detail about the tax. he says visitors would say a point 88 percent hike for hotels on the strip, point 5 percent hike for hoteks within 25 miles of the stadium and no tax for hotels outside of that radius. we talked to commissioner sisolak about it today...take a listen " the general public that lives here really won't be making any contributions out of the tourist corredor the tourist that are coming into town end of the day and there's a lot of benefit and you're talking about a significant number of jobs you increase room nights by bringing more tourists here so that's a big benefit" that was an interview before the meeting..during the discussions solak expressed some concern about tax payers having to help with any operating losses - but the analyst handling the financial aspect of the project said no. sisolak told me the county will take out a 750 million dollar bond to help with the public portion of staidium costs toss to weather we'll see highs at 100 degrees or a degree or two above friday throug

jeremy aguero/applied analysis: "there's as much scrutiny on this particular project as any one that i've ever worked on in my career." nhl owner bill foley has got to be thrilled, his season tickets are sold out.. capped at 16 thousand. so there will only be 15-hundred seats available for general walk-up. the las vegas hockey club is hosting a fan fest out in front of the arena at toshiba plaza on october 8th. foley and general manager george mcphee will host a q&a. we'll find out details on the team nickname and logo. ((chris maathuis)) and it's time to vote... go to our channel 8 facebook 'fans choice game of the week' the voting is tight... and you can see the three games... vote for the one you'd like to see us feature. and remember to send us your smart phone video of the game you are attending. send your favorite clip to pix at las vegas now dot com. ((denise valdez)) >>> our strange stories for tuesday right after this./// congressman heck's become part of the problem in washington. heck voted to protect perks for politicians like himself, allowing congressmen to travel on pr

jeremy aguero/applied analysis;" i think it's a completely misconception, the public stadium that a private developer is putting money into, that is completely different that how it's being portrayed. steve; 'the developer hopefully will make money because if he makes money we'll make more money, the money. if he's losing money we'll still have a delta in the revenue that we raise as a result of taxes." there are safeguards in the proposal that will protect the public in case the economy tanks. jeremy;"the only thing i will tell you is the way everything is modeled... we're generating 1/1/2 times more revenue than is necessary to pay the bonds by the amount of room tax we're bringing on, so we would need an economic downturn worse then the great recession." steve; "we've got a caviet in there coming out of the windfall wc overage, the poit five of coverage money to allow two years of debt service money to be accumulated before it could be used for other things, so i'm confident that the public is protected.," the developer only makes money off of stadium events...but as he makes money so do

jeremy aguero/applied analysis: "there's all this analysis done all over the country talking about how the economic implications either from the nfl or major stadium projects have been at best las vegas, none has a 150 thousand hotel rooms, none of them has 8th busy airport in the us or the 2nd busiest origin and destination in the us we have assets that other communities just don't have." steve sisolak/chair cc commission: "people are misinterpreting this saying we aren't sharing in the profits, we are sharing in the profits, we're putting in 750 million of room tax money, money the tourists are going to pay as a result of making that investment in the overall pot of money.. we put in 750, adelson we will get all the tax revenue derived off that stadium, which conservatively is estimated to be by applied analysis mr. aguero 35 million dollars." ((chris maathuis)) the governor is now reviewing the recommendat tion... it's expected he'll call a special session of the legislature in about two weeks. tonight in monday night football. rookie quarterback carson wentz just became the 5th roo

economist jeremy aguero summarized the proposed bill for the committee. here's what we've seen so far today: analysts spelled out the stadium district's room tax increase. the room tax is point 88 percent along the primary resort corridor -- the las vegas strip. it drops to a half-percent off-ip radius of the county commission chambers... and no new room tax outside that belt. a seven-member board would run the stadium district... but las vegas mayor carolyn goodman took issue with the fact that no elected city or county leaders would serve on the board." (( steve sisolak: "it's my understanding that the appointment is for the professionals, it isn't for the elected officials or politicos?" carolyn goodman: "it isn't so much, if i may continue mr. it is with oscar. the reality is that this" steve sisolak: "i don't know that oscar's going to want to hear that" carolyn goodman: "the reality is that it's about the representation of the community, and we do represent the residency, and the 700-, almost 700,000 people." )) ((patrick walker)) >> several times..