Email Christie to sign bill for $25M tax credit for Rutgers facilities

[Leonard23]

http://www.capwiz.com/friendsofrutgers/home/
Select "Issues" at the top & the "Urge Governor Christie..." to send the email.

 

[RUfromSoCal?]

This is fine, and I'm sure it will be signed.

But, if we REALLY NEED a practice facility, why are we building a parking deck and then what we really need " above and around" a parking lot ?

 

[Jim_from_RU]

This is fine, and I'm sure it will be signed.

But, if we REALLY NEED a practice facility, why are we building a parking deck and then what we really need " above and around" a parking lot ?

That's the stipulation in getting the $. Mixed use development.

 

[bac2therac]

this will be signed, its happening

 

[Caliknight]

What does $25MM get you in NJ?

 

[PaKnight]

What does $25MM get you in NJ?

I believe 1/3 of the building.

 

[RUfromNJ]

Damn...saw him at Nino's Pizza in Harrison today. Missed my chance!

 

[D-Wing]

Done

 

[Leonard23]

This is fine, and I'm sure it will be signed.

But, if we REALLY NEED a practice facility, why are we building a parking deck and then what we really need " above and around" a parking lot ?

I don't agree with it either but that was the stipulation to get it built & get $25M tax credit so it's much better than our current situation of no facility & $.

 

[Ataylor1989x]

Here's an interesting link about Big Ten revenue and Purdue in particular
http://collegefootballtalk.nbcsport...revenue-shares-jump-to-32-million-per-school/

Here is what Purdue is trying to do with that money (or at least what they hope with the political will the new income has created) ....
http://boiledsports.com/football/purdues-jetsons-like-future-fictional-football-stadium.html

 

[AreYouNUTS]

What does $25MM get you in NJ?

The State of New Jersey gave the Philadelphia 76's about $100M in tax credits to build a practice facility on our side of the river (pathetic, yes I know...). They're willing to give us $25M to build part of a facility. So...not much, to be honest, but we've GOT to take it with open arms!

 

[Jim_from_RU]

The State of New Jersey gave the Philadelphia 76's about $100M in tax credits to build a practice facility on our side of the river (pathetic, yes I know...). They're willing to give us $25M to build part of a facility. So...not much, to be honest, but we've GOT to take it with open arms!

It could kickstart donors giving to the cause. Shows them the school means business.

 

[AreYouNUTS]

It could kickstart donors giving to the cause. Shows them the school means business.

Absolutely and don't get me wrong, take what we can get, but the fact that they gave the Sixers show much just pisses me the f* off LOL!

 

[Ataylor1989x]

The State of New Jersey gave the Philadelphia 76's about $100M in tax credits to build a practice facility on our side of the river (pathetic, yes I know...)....

I have to wonder if that decision is based on the idea that you could basically force 15-20 multi-millionaires to move to New Jersey and pay taxes there. That's what I always thought about the Jets headquarters moving from Hempstead to Florham Park

 

[BlockR]

Help is on the way @RutgersMBB @RUAthletics An answer to a $25 million question http://www.nj.com/rutgersfootball/index.ssf/2016/01/rutgers_mailbag_whats_the_latest_with_the_25_milli.html…
Sen Lesniak leading the way..! A Rutgers Alum,Basketball season ticket holder..

 

[AreYouNUTS]

Help is on the way @RutgersMBB @RUAthletics An answer to a $25 million question http://www.nj.com/rutgersfootball/index.ssf/2016/01/rutgers_mailbag_whats_the_latest_with_the_25_milli.html…
Sen Lesniak leading the way..! A Rutgers Alum,Basketball season ticket holder..

Wasn't the vote yesterday? It's on CC's desk now, right?

 

[TRU2RU]

It was voted out of committee yesterday will be voted on by full Assembly on Monday & then go to the Gov if passed

 

[srru86]

I have to wonder if that decision is based on the idea that you could basically force 15-20 multi-millionaires to move to New Jersey and pay taxes there. That's what I always thought about the Jets headquarters moving from Hempstead to Florham Park

That's more than a thought.