Quote:
Originally Posted by hulahoop
I think the "UC-1372-06 - MGM GRAND HOTEL, LLC, ET AL" at top of the agenda page might be misleading. The MGM Grand Hotel is not really an independent company (such as MGM/Mirage). It sounds more like a description of the route than the applicant.
At the very bottom it states:
"APPLICANT: Las Vegas Monorail Company
CONTACT: Curtis L. Myles, III, 3720 Howard Hughes Parkway, Las Vegas, NV 89109"
On the other hand, if MGM/Mirage was planning to fund this, it would be huge! It would mean that it would actually be built!! Five hundred million (the estimated cost) is not pocket change, but would be feasible for them.
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Sorry, I might have been the one who first suggested it was submitted by MGM when I first posted the agenda a few days ago. The title of the agenda is confusing, and now that I think about it more, it might be titled that way as part of the counties methodology to chronologically link the history of the project to the original line between MGM and Bally's, which actually was funded collaboratively between those two competing resorts.
Quote:
http://www.kvbc.com/Global/story.asp?S=5780169&nav=15MV
Monorail given permit to extend to McCarran Airport
Dec 6, 2006 05:29 PM
A critical step in the future of the Las Vegas Monorail was taken Wednesday afternoon. The County Commission granted a land use permit for extending the system to McCarran Airport.
The project would be funded entirely by private investors. The expansion would add a new four-mile stretch of track to the existing system following a route that would take riders past the Thomas and Mack Center and then into the airport terminal area.
The monorail has been plagued with low ridership from the beginning and is counting on this expansion to gain popularity.
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Who can these"private investors" possibly be other than the resorts? The general public isn't going to invest after seeing how it's been handled so far.
Edit: Just found a couple RJ and Sun stories too.
http://www.reviewjournal.com/lvrj_ho.../11266701.html
http://www.lasvegassun.com/sunbin/st...566627088.html