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Old 04-30-2012, 09:02 AM
 
4,371 posts, read 7,271,079 times
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Did anyone attend the following?

'Opportunity Days:' UTEP conference will focus on education, job openings for El Pasoans - El Paso Times

Not news to us here on CD, but I'd be curious to know what was discussed, or proposed, especially since I think one problem El Paso has is the unmitigated unskilled, and cheap labor that undercuts wages, and as a result, affects the entire city.
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Old 05-03-2012, 08:43 AM
 
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I agree with you that a big problem is that El Paso is known for it's cheap labor -- it would be interesting to know if they proposed any solutions to this -- other than more taxes.

Even when El Paso was known for it's cheap labor, it was okay when businesses like Levis, Farahs, Hoover and many came and provided jobs with benefits. Now those businesses left.
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Old 08-18-2013, 02:40 AM
 
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el paso seems as if its a death trap,and city council dont really help on that situation.
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Old 08-18-2013, 04:51 PM
 
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Wait until people get their new property taxes. There is a baseball stadium they must now pay for -- or hopefully enough people will buy up those $600 season passes so a big tax hike can be avoided.
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Old 08-18-2013, 06:13 PM
 
Location: Glory Road - El Paso, Texas (R.O)
2,480 posts, read 3,373,087 times
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I think I am Chicken Little's ignore list but here is some information for people with an open mind.

Regarding the new baseball stadium:

The first quarter of 2013 produced $625,000 in HOT tax revenue that will go toward the stadium. While no one can guarantee that every quarter will generate that exact number, it is a safe number to use for soft calculations. The loan for the stadium runs 30 years.

625K x 4 x 30 = 75 million dollars

MountainStar Sports Group is going to pay the City 400K a year for a minimum of 30 years

That is 12 million dollars.

That is 87 million dollars right off the bat.

Also remember, the City owns the stadium but MSSG owns the team. A small surcharge on each ticket goes to the City. The rest goes to MSSG. I forget what the new contract says but I believe it is 25 cents to the City per ticket.

Another thing to remember, there will be between 72 and 81 home games. A few crabs scoffed at the season ticket prices. That is not admission to one game. That is admission to 72+ games. I am wildly supportive of the stadium but even I am not going to buy season tickets. I plan on going to the ballpark 2 to 3 times a month. If every El Paso family went to a home game once a year, the stadium would be sold out every night. Season tickets are great but not essential.
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