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Bond Iissue D

7 replies [Last post]
HaroldHill
User offline. Last seen 5 days 20 hours ago. Offline
Joined: 10/26/2010

So, the proposed bond issue for higher ed will cost a property owner less than $10 per year in additional tax.  President Fries says a highly favorable vote in Las Vegas might well make the difference in this state-wide vote.  But how are East Side property owners feeling about any increase at all after the news from the City Schools? 

JosefJ
User offline. Last seen 2 years 46 weeks ago. Offline
Joined: 10/25/2010
Historic buildings are a

Historic buildings are a major part of our local economy. However, some of the current building owners have let them go for decades. I've looked into purchasing a building of this nature and have run into major road blocks on behalf of the building owners. I'm sorry, but the textile building on the plaza IS NOT worth 1.2 Mil. The Castaneda in its current state is worth no where close to 3 Mil. The old parts store on Grand isn't worth 1 Mil. And yes... these are actual asking prices for the said properties. I'm young, energetic, and ready to tackle a project like this. Yet, with OUTRAGEOUS asking prices for these commercial properties, I would most likely predict the construction of a lot more parking lots in our near future.

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AlfredoK
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Joined: 03/30/2011
They say a building is worth....

...whatever a willing buyer will pay a willing seller.

So make your best offer. If the seller thinks it's fair, that's what it's worth. In these times, you'd be surprised.

Asking prices are just for show. Don't let them scare you. All the best, young man.

dellyj
User offline. Last seen 2 years 22 weeks ago. Offline
Joined: 03/27/2012
I agree, trying harder is the

I agree, trying harder is the key to success especially in this kind of circumstances. The building owners are very much aware of the value of their buildings so if a buyer really wants a deal he should put some effort to find the real price. I learned that on San Diego classifieds, I imagine the rules are pretty much the same here.

nonlabel
User offline. Last seen 1 day 17 hours ago. Offline
Joined: 11/27/2010
Bond D

On principle, I am glad D did not pass. I believe that Universities have been blessed with capital improvement projects for years. Go to NMHU, UNM, or NMSU virtually any day, and you will see construction projects galore. I am curious as to how much NMHU spent on the parking lot and improvements West of Douglas Elementary. And that is one of their SMALL projects!

Sadly, however; it would have been nice to see the historic tram/power plant building restored. Las Vegas need to value it's historic buildings more, and quit building so much new stuff we don't need.

jannices
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Joined: 03/15/2012
It's true, Universities have

It's true, Universities have been blessed with improvement projects but that's because the demand for higher education has grown higher and higher every year. I am not sure if this was a health growth though because we all know the tuition fees are so high. It's one of the reasons why I preferred to have my master of engineering management online, this allowed me to keep my job and pay for my education without needing a student loan.

HaroldHill
User offline. Last seen 5 days 20 hours ago. Offline
Joined: 10/26/2010
Parking Lot

I tried looking up the Diamond St. parking lot (west of Douglass school) on the state's contracting web site and came up with $125,000 cost. I couldn't tell of there was a separate contract for lighting or even paving. I also looked up some average costs for parking lots, at it seems $3-4 K per slot is average. The lot at HU ran a bit over $6 K per slot, which struck me as fairly reasonable. People drive to school a lot more now than they did when I was in college here, so I can see the need. But I hate the old buildings disappear and become parking lots. With the parking on 8th street gone, the replacement slots were needed. I was surprised there were not major shortages when they closed a bunch of lots for repaving during the semester. Maybe attendance just dropped!

JosefJ
User offline. Last seen 2 years 46 weeks ago. Offline
Joined: 10/25/2010
Boy did I purchase a home on

Boy did I purchase a home on the " East Side" at the wrong time! Although I believe our local tax hike is a complete slap-in-the-face, I feel like a state-wide bond would do some good. Might as well tack-on another ten bucks to the couple hundred I'm getting pounded with this year.

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