Finance
Board of Regents Approves Fee for Nevada's $25M Indoor Facility
2024-12-05
The Nevada athletic department's two-decade-long pursuit of an all-sport indoor facility reached a significant milestone on Thursday. The Nevada Board of Regents approved a new student fee to provide crucial funding for this much-anticipated project.

Key Steps in the Approval Process

During a quarterly meeting at UNLV, the 13-person Board of Regents approved a $3.50-per-credit athletics and recreation fee. This fee would serve as the main revenue source for the projected $25 million facility. Just one regent voted against the proposal. The fee is expected to generate $1.68 million per year and help fund $18 to $20 million of the project, with the remaining $5 to $7 million to be raised through private donations.This fee will not only fund the construction of the indoor facility but also provide new playing surfaces at Wolf Pack Park and the John Sala Intramural Practice Field. UNR president Brian Sandoval and athletic director Stephanie Rempe were in Las Vegas to present the proposal, which received strong support from dozens of attendees during the open comment section. Current Wolf Pack athletes, UNR students from Reno, and representatives from the ASUN student government all spoke in favor of the fee.There was a last-second change during the debate when Tania Akter, the president of UNR's Graduate Student Association, requested that graduate students be exempt from the fee. Regent Carol Del Carlo proposed that graduate students pay only $2 per credit. However, after thorough discussion, this change was rejected, and graduate students will also be subject to the $3.50 fee. Sandoval also mentioned that the fee could potentially increase to $3.50 per credit but could be lower depending on interest rates.Since the turn of the century, Nevada has been in need of an indoor facility. It is one of the 12 FBS schools without such a facility and the only FBS football program in a cold-weather climate lacking an indoor practice space. The new facility will be a pre-fabricated metal building with 110 yards of turf, storage, drop-down nets for baseball/softball, and a small lobby. It is the most cost-effective option.

The Impact on Nevada Football

Nevada football will be one of the primary tenants of the facility and will have a dedicated place to practice during winter snow and summer heat. It will also have a home on poor air-quality days when wildfire smoke pours into the Truckee Meadows. Coach Jeff Choate emphasized that in the past 15 years, only $5 million has been invested in football infrastructure out of a total of $23 million. This new facility will be the first sport-specific investment in a long time and will benefit all sports on campus.

Benefits for Other Sports and Students

The indoor facility will not only serve Nevada football but also be a home for the school's club and intramural teams, providing additional student hours. According to the school's research, students currently use Wolf Pack Park and John Sala twice as much as the athletic teams. An indoor facility could reduce unused hours and enhance the campus experience for students.This is not the first time Nevada has sought approval for a student fee to support the construction of a fieldhouse. In 2013, students voted to approve an initial $30 annual fee that would increase to $60 per year. However, they did not raise the required private money to complete the $25 million project. This time, the fee went directly to the Regents for approval.In conclusion, the approval of the new student fee is a major step forward in Nevada's quest for an indoor facility. It will have a significant impact on the university's athletics programs and provide a valuable resource for students and athletes alike.
<answer>"Fast Money" Traders Eye Market Strength Before November Jobs Report
2024-12-05
The 'Fast Money' traders are constantly on the lookout for those specific areas within the market where there are pockets of strength. These areas hold the potential to not only sustain but also carry over their positive momentum into the year 2025. It's a meticulous process that requires a keen eye and in-depth analysis.

Discovering the Hidden Gems

The 'Fast Money' traders have a unique ability to identify these pockets of strength. They study market trends, analyze various indicators, and keep a close eye on different sectors. For example, in the technology sector, there might be a particular company that is showing exceptional growth and stability. This could be due to innovative products or a strong market position. By focusing on such companies, traders can potentially ride the wave of success and see their gains extend into the next year.Another aspect to consider is the global economic landscape. Certain regions or countries might be experiencing economic growth, which can translate into increased market activity. Traders need to be aware of these macroeconomic factors and how they impact specific markets. For instance, a growing economy in Asia could lead to increased demand for certain commodities, creating opportunities in related markets.

Analyzing the Potential Carryover

Once these pockets of strength are identified, the next step is to assess their potential to carry over into 2025. This requires a deep understanding of market dynamics and the ability to predict future trends. Traders look at factors such as industry trends, company fundamentals, and market sentiment.For example, if a particular sector is expected to benefit from long-term technological advancements, it is more likely to maintain its strength and potentially grow even further in the coming year. On the other hand, if a market is driven by short-term factors, there may be more uncertainty about its sustainability.Traders also consider the competitive landscape. A company that has a unique competitive advantage is more likely to retain its strength and continue to perform well. This could be due to factors such as strong brand recognition, intellectual property, or a loyal customer base.

Navigating the Uncertainties

While identifying pockets of strength and their potential carryover is crucial, traders also need to be prepared for uncertainties. The market is constantly evolving, and unexpected events can occur that can impact the performance of these areas.For instance, a geopolitical event or a change in government policy can have a significant impact on certain markets. Traders need to have contingency plans in place and be able to adapt quickly to changing circumstances. They also need to stay updated on the latest news and developments to make informed decisions.In addition, traders need to manage their risks effectively. Even if a particular pocket of strength appears promising, there is always a risk of market volatility or unexpected events. By diversifying their portfolios and using risk management strategies, traders can minimize their losses and maximize their gains.
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Tarzan the Musical to Thrill at Sullivan Performing Arts Center
2024-12-05
Texarkana, Texas is set to witness a thrilling spectacle as Tarzan the Musical takes the stage at the Sullivan Performing Arts Center from Thursday to Saturday. This musical, based on the Disney version of Tarzan, is a must-see event that showcases the incredible talent of a group of teens. The Tiger Theatre Company is behind this production, and it has been a month and a half in the making. During this time, the students have dedicated themselves to learning their lines, dances, and vocals to the music of Phil Collins. Assistant Director Mikenzie Burns highlights the amazing feat of learning to fly in Tarzan within just three days. The choreography is incredibly difficult for teenagers, yet they have managed to master it in an exceptional amount of time. Director Brandon Shoemaker emphasizes that this is an amazing group of kids who have put their heart and soul into this production and are truly shining. For more information and to purchase tickets, visit the Tiger Theatre Company's Facebook page.

Why This Production is a Must-See

The Tarzan the Musical production in Texarkana is not just any ordinary show. It offers a unique experience that combines the excitement of a jungle adventure with the magic of live theater. The students involved have poured their hearts and souls into every aspect of the production, from the intricate choreography to the powerful vocals. The flying scenes alone are a sight to behold, as the performers soar through the air with grace and precision. This is a testament to their hard work and dedication. The music of Phil Collins adds an extra layer of emotion and energy to the performance, making it a truly unforgettable experience. Whether you are a fan of musicals or simply looking for a fun night out, Tarzan the Musical is sure to leave you in awe.

Behind the Scenes

The process of bringing Tarzan the Musical to life has been a labor of love for the students and the directors. They have spent countless hours rehearsing, perfecting their skills, and bringing the characters to life. The attention to detail is evident in every aspect of the production, from the costumes to the set design. The costumes are authentic and immersive, transporting the audience to the heart of the jungle. The set design is detailed and realistic, creating a believable world for the performers to act in. The directors have worked tirelessly to ensure that every element of the production is of the highest quality. They have provided guidance and support to the students, helping them to reach their full potential. This collaborative effort has resulted in a production that is truly exceptional.

The Impact on the Performers

For the students involved in Tarzan the Musical, this production has been a life-changing experience. It has allowed them to showcase their talents and grow as performers. The hard work and dedication they have put in have paid off, and they are now able to perform on a professional stage. This has given them a sense of confidence and pride that will stay with them for a lifetime. The experience has also taught them valuable lessons about teamwork, perseverance, and the importance of following their dreams. These are lessons that will serve them well in the future, both on and off the stage. The impact of this production extends beyond the performers themselves. It has also brought the community together, creating a sense of unity and shared experience. People from all walks of life have come together to support the Tiger Theatre Company and enjoy this amazing production.
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