Brownsville Herald
With just a handful of days left until the Nov. 2 constitutional amendment election, Cameron County Judge Eddie Trevino Jr. made a final pitch for the Cameron County Venue Project during a recent Brownsville Chamber of Commerce virtual presentation.
Proposition A on the ballot asks voters whether existing venue-tax revenue generated by the Hotel Occupancy Tax (HOT) and vehicle rentals should be used to help finance construction of a $100 million, 10,000-seat, multi-use arena to be part of Madeira, a master-planned residential/commercial development to be built on 1,330 acres at the intersection of I-69E and S.H. 100.
The developer, Madeira Development LLC, is also planning a full-service hotel, which would likely spur restaurants, bars and other businesses, Trevino said, adding that the arena would be the keystone of the larger development.
“This could potentially be one of the nicest places to live in and work in the entire Valley,” he said. “At least that’s the hope and expectation.”
Trevino said the venue tax would pay for about a third of the arena project. The remaining two thirds would be paid for through a Tax Increment Reinvestment Zone created by the city of Brownsville and the county for the Madeira project, plus grants the county is in the process of applying for, he said. Private investment could cover some of the cost, Trevino said, adding that Madeira Development has committed about $32 million for the infrastructure necessary to support the arena.
In 2016 county voters approved using HOT/vehicle rental revenue to build the Cameron County Amphitheater and Event Center on South Padre Island, which opened two years ago, and the South Texas Ecotourism Center nearing completion in Laguna Vista.
With just a handful of days left until the Nov. 2 constitutional amendment election, Cameron County Judge Eddie Trevino Jr. made a final pitch for the Cameron County Venue Project during a recent Brownsville Chamber of Commerce virtual presentation.
Proposition A on the ballot asks voters whether existing venue-tax revenue generated by the Hotel Occupancy Tax (HOT) and vehicle rentals should be used to help finance construction of a $100 million, 10,000-seat, multi-use arena to be part of Madeira, a master-planned residential/commercial development to be built on 1,330 acres at the intersection of I-69E and S.H. 100.
The developer, Madeira Development LLC, is also planning a full-service hotel, which would likely spur restaurants, bars and other businesses, Trevino said, adding that the arena would be the keystone of the larger development.
“This could potentially be one of the nicest places to live in and work in the entire Valley,” he said. “At least that’s the hope and expectation.”
Trevino said the venue tax would pay for about a third of the arena project. The remaining two thirds would be paid for through a Tax Increment Reinvestment Zone created by the city of Brownsville and the county for the Madeira project, plus grants the county is in the process of applying for, he said. Private investment could cover some of the cost, Trevino said, adding that Madeira Development has committed about $32 million for the infrastructure necessary to support the arena.
In 2016 county voters approved using HOT/vehicle rental revenue to build the Cameron County Amphitheater and Event Center on South Padre Island, which opened two years ago, and the South Texas Ecotourism Center nearing completion in Laguna Vista.
Now Trevino is asking voters to “do it again” for a facility he said will benefit the entire Rio Grande Valley while imposing no additional tax burden on county residents, since the revenue already exists. None of the venue tax revenue would be used for the Madeira development itself, he said.
The county currently receives about $1.7 million annually in venue tax revenue – 68 percent from hotels and motels and 32 percent from vehicle rentals. South Padre Island generates 48 percent, Brownsville 25 percent and Harlingen 20 percent. The remainder is generated by the county’s smaller communities.
A feasibility study that looked at similar facilities in Texas and five other states determined that the county venue project is indeed viable, Trevino said. The arena would host concerts and other entertainment, sporting events, community events such as graduation ceremonies, hunting and fishing expos, children’s events and so on, he said.
“The community events are something that’s very, very important,” Trevino said. “We want to make sure that there are certain dates set aside so that all the communities of the county, small and large, are able to take advantage of it.”
The county currently receives about $1.7 million annually in venue tax revenue – 68 percent from hotels and motels and 32 percent from vehicle rentals. South Padre Island generates 48 percent, Brownsville 25 percent and Harlingen 20 percent. The remainder is generated by the county’s smaller communities.
A feasibility study that looked at similar facilities in Texas and five other states determined that the county venue project is indeed viable, Trevino said. The arena would host concerts and other entertainment, sporting events, community events such as graduation ceremonies, hunting and fishing expos, children’s events and so on, he said.
“The community events are something that’s very, very important,” Trevino said. “We want to make sure that there are certain dates set aside so that all the communities of the county, small and large, are able to take advantage of it.”
To read rest of article, click on link: https://myrgv.com/local-news/2021/10/27/trevino-venue-would-benefit-whole-rgv/
18 comments:
Little Troll Trevino...not only will the voters say NO to your party house, it will also be a NO for your re-election. You’re nothing more than a flailing, drowning RATA at this moment in time. You are finished Little Troll Man who wishes he was a big man!
There are NO community events here they are ALL in McAllen bola de pendejos
Dont we have 2 venues in hidalgo county?
Do they benefit the whole valley?
These individuals do not love Brownsville.
Politicians tell you what you want to hear.
Few people believe in them.
I think all this hope from politicians should go into making the City of Brownsville better.
What local investors, officials, attorneys are owners of Madeira LLC? Put up your given names for the public to view.
So who owns Madeira Development LLC, and what politicians are they associated with
This idiot is trying his best to get something that will benefit himself and his compadres. Why isn't he investing some time into the corruption taking place in his own community, committed by Trey Mendez, Ramiro Gonzales and the two BISD Maintenance Administrators forming DUMMY Corporations to steal off the poor.
There has to be the typical Cameron County scam attached somewhere.
Ain't San Benito getting something like this? Then for Brownsville to have one so close to eachother. Yea, they'll both doom eachother. Great Idea! Not!
Pinche enano culero!
Hey Eddie so how much is going to ur pockets if it goes through??? I mean u already got a $11,000 raise... u still want more.... lmaoooo
8:17 hope all you.
Hope all you want. Brownsville politicianshit cannot fix pot holes or drainage system and terrible water quality. You don't drink water in Mexico or Brownsville Texas.
October 28, 2021 at 8:17 AM
HOPE? The only hope all the elected politicians HERE is How to steal, get rich and employ all their friends and FAMILIA
PINCHES RATAS y mamones/as. NO TIENEN VERGUENZA
A genealogy family tree needs to be looked at, so the voters can FINALLY vote all family member with their elected officials out of office ONCE AND FOR ALL.
MAKE THE GENEOLOGY FAMILY FREE AND DISPLAY IT IN PUBLIC AT ALL GOVERNMENT OFFICES.
If there was some kind of pay-back(tranza) potholes would have been fixed ages ago, pero no hay tranza no fix...
Are the free Grant Money takers or politicians owners of Madeira LLC? Asking for a friend.
I voted NO for this convention center!
County administration (the tranzas) are not supposed to be promoting this.
Yet, they had a really good time having lunches and meetings all over the county with everyone and their mothers to advertise this shit.
Post a Comment