Business & Industry

Home , Immaculate Heart Radio, KADD, KCNV, KCYE, KDWN, KFRH

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Economic Development...... 93 Business Assistance Programs...... 99 Type of New Company 93 Sales And Use Tax Abatement 99 New Company Location 93 Modified Business axT Abatement 99 2014 Boyd Corporate Site Selection Leading Indicator Poll™ 93 Personal Property Tax Origin of New Company 93 Abatement 99 Real Property Tax Abatement For Recycling 99 New & Expanded Companies...... 94 Train Employees Now (TEN) 99 Silver State Works Employee Hiring Incentive 99 Operating Cost...... 95 Transportation...... 100 Total Annual High-Tech Operating Cost Rankings* 95

Comparative Annual Corporate Travel Costs 95 Average Daily Departures From McCarran International Airport 100 Rail Delivery Times From Southern Nevada 100 Nevada Taxes...... 96 Air Cargo Activity Trend 100 Common Carrier Service 101 Alcoholic Beverage 96 Distance From Las Vegas 101 Business License 96 Car Rental 96 Communications...... 102 Cigarette / Tobacco Products 96 Business Registration Fees 96 Major TV Stations 102

Gaming 96 Local Media Website Rankings 102 Lodging 96 Comparative Annual Telecommunications Costs For 800 Service 102 Live Entertainment Tax 96 Major Radio Networks 102 Modified Business axT 96 Las Vegas Designated Market Area (DMA) Ranking 103 Motor Vehicle Fuel 96 Motor Vehicle 96 Banking...... 104 Property 96 Industrial Insurance 97 Banks in Clark County 104 Insurance Premium 97 Credit Unions in Clark County 104 Sales and Use 97 ...... Unemployment Insurance 97 Utilities 106 Universal Energy Charge 97 Average Monthly Residential Utility Costs 106 Comparative Real Estate Taxes 98 Electric Power Cost Comparisons Among Major Western Cities 106 General Fund Revenues by Fiscal Year 98 SNWA Infrastructure Charge 106 Monthly Water Costs 107

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702.791.0000 • 800.634.6858 • LVGEA.org 6795 Edmond St. Ste. 260 • Las Vegas, NV 89118 Located in The Rob Roy inNEVation Center powered by Switch

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Economic Development

The Las Vegas Global Economic Alliance (LVGEA) is a nonprofit agency that since its inception in 1956 continues 2014 Boyd Corporate Site Selection to diversify and improve the economy of southern Nevada. LVGEA is dedicated to fostering an attractive, ™ business-friendly environment through building key relationships while assisting and targeting new and expand- Leading Indicator Poll ing businesses. Which of the following 11 Western States has the most favorable tax and business climate for new corporate LVGEA receives its primary support from business contributions; however, the scope of the organization’s work is investment? realized throughout the entire community. Along with the help of its members, LVGEA is directly responsible for creating and retaining thousands of stable jobs for southern Nevada residents through recruiting new nongaming STATE PERCENT companies to the area and playing an active role in the local expansion on esisting businesses. NEVADA 18% Utah 18% Over the last five years, southern Nevada realized an economic impact of $1,141,759,162 from 4,400 jobs cre- Idaho 15% ated through LVGEA’s economic development efforts. Wymoning 13% During FY 2012-2013, the Las Vegas Global Economic Alliance and its regional economic development partners Arizona 11% provided start up, expansion and relocation assistance to 62 businesses which will create 2,640 new jobs, Montana 8% provide more than $450 million in new capital investment and generate a total economic impact of more than New Mexico 6% economic development $1.5 billion for Southern Nevada. Washington 5% Oregon 3% No state corporate income tax or personal income tax; an educated, expanding, cost-effective workforce; location Colorado 2% and lifestyle lead the list of reasons why companies choose southern Nevada. California 1%

Source: The Boyd Co., Inc., Location Consultants, Princeton, NJ. Results are based on responses from C- How important is the attraction of new non-gaming businesses level and other senior executives in public and privately- to the future of Las Vegas? held Western U.S. Fortune 1000 companies. Online poll conducted February 3, 2014 – February 14, 2014.

Not important Very important 7.6% 65.3% Type of New Origin of Company New Company Back Office/Call Center 3 Arizona 1 Headquarters 12 California 9 Manufacturing 4 Colorado 1 Somewhat Service 1 Illinois 1 important 27.1% Warehouse/Dist. 4 Maryland 1 Technology 2 Massachusetts 1 TOTAL 26 Montana 1 Nevada 4 New Mexico 1 New Company Ohio 2 Utah 1 Location Washington 1 Clark County 9 Outside U.S. 2 Henderson 10 TOTAL 26 Las Vegas 2 North Las Vegas 5 TOTAL 26

In Spring 2013, American Roll Form Products (ARFP), a manufacturer of custom roll formed products, opened a 40,000 square foot satellite facility in North Las Vegas, at 2020 Mendenhall Drive. The primary focus of this facility is to support customers and projects located in the Source: Las Vegas Global Economic Alliance. Southwestern U.S. market.

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New & Expanded Companies

New Companies COMPANY NAME SIZE (SQ. FT.) EMPLOYEES 5-YR LEASE VALUE* ANNUAL PAYROLL† 1-YR ECONOMIC IMPACT‡ American Key Supply 10,000 5 $204,000 $140,400 $473,970 American Roll Form Products 53,000 23 $858,600 $1,027,125 $8,142,544 Aquatech Pools1 10,278 30 $899,325 $1,950,000 $6,582,915 Block Data Center1 47,000 15 $2,000,000 $900,120 $8,079,169 Bluepoint Solutions 13,580 37 $1,380,000 $1,986,338 $15,975,429 Burke Williams Day Spas 4,974 70 $528,420 $1,732,640 $5,651,257 California Republic Bank 10,500 80 $787,500 $3,311,360 $26,632,128 Canamould Extrusions, Inc. 28,800 15 $654,000 $606,840 $2,048,603 Creative Tent International1 115,000 76 N/A $3,003,520 $20,023,124 Flexible Foam Products1 100,720 50 $6,000,000 $1,872,000 $13,739,120 FTR Systems, Inc. 6,867 25 $168,000 $1,625,000 $7,850,227 Hazair, Inc. 211 13 $14,940 $1,297,920 $3,768,762 Knutek MD 3,610 10 $102,000 $332,800 $3,353,296 LegalMatch.com 4,505 30 $456,807 $1,060,800 $3,080,238 Meridian Specialty Vehicles 11,222 25 $329,940 $1,124,760 $8,413,916 Multilingual Interactive Solutions LLC 140 3 $60,000 $140,026 $406,591 New Wave Enviro Products 21,600 10 $401,760 $322,400 $1,553,997 NextGen Gaming USA LLC 1,000 6 $72,000 $719,971 $1,884,756 Nicholas & Co., Inc.1 200,000 95 $26,200,000 $5,240,352 $17,690,663 new & expanded companies & expanded new Other World Computing 12,000 8 $331,200 $241,280 $795,195 PacLoci, LLC dba ColoxChange LLC 33,000 8 $900,000 $632,320 $5,675,488 Rechargeable Power Energy North America, LLC 12,400 20 $71,424 $728,000 $3,003,618 SolarCity, Incorporated 28,826 90 $4,081,740 $4,225,104 $26,291,515 The Revolution FMO1 8,324 20 $715,000 $2,639,936 $7,665,566 TRES - Telecom Real Estate Services1 3,000 4 N/A $179,962 $1,780,572 V5 Technologies LLP 34,000 16 $3,120,000 $1,022,362 $4,363,630 TOTAL 774,557 784 $14,522,331 $38,063,334 $204,926,289

Source: Las Vegas Global Economic Alliance. Notes: (1) Companies who purchased their building (purchase value is not included in 5-year lease value total). *Does not include tenant improvements. †Figures reflect estimates using industry standards except when actual numbers were provided. ‡1-Year Economic Impact: The economic model is based on input-output matrices from the Minnesota IMPLAN Group, Inc.

Expanded Companies COMPANY NAME SIZE (SQ. FT.) EMPLOYEES 5-YR LEASE VALUE* ANNYUAL PAYROLL† 1-YR ECONOMIC IMPACT‡ GE Transportation 80,000 10 N/A $363,584 $2,719,838 Pololu Corporation 37,320 11 $1,260,000 $529,901 $2,559,903 Switch 263,000 17 $3,000,000 $863,845 $7,753,576 TH Foods, Inc. 150,723 24 $3,625,000 $661,939 $9,173,749 ViaWest, Inc. 111,240 13 $2,295,435 $839,592 $7,535,891 TOTAL 642,283 75 $10,180,435 $3,258,861 $29,742,957

Source: Las Vegas Global Economic Alliance.*Does not include tenant improvements. †Figures reflect estimates using industry standards except when actual numbers were provided. ‡1-Year Economic Impact: The economic model is based on input-output matrices from the Minnesota IMPLAN Group, Inc.

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Operating Cost

Total Annual High-Tech Operating Cost Rankings* Comparative Annual Corporate Travel Costs

LOCATION TOTAL ANNUAL OPERATING COST LOCATION TRAVEL COST INDEX* TOTAL ANNUAL COST† New York, New York $37,264,149 New York, New York $574.33 $298,652 San Francisco, California $35,962,956 Washington, District of Columbia $469.56 $244,171 Los Angeles/Long Beach, California $34,019,537 Boston, Massachusetts $440.66 $229,143 Washington, District of Columbia $33,403,542 Stamford, Connecticut $410.44 $213,429 Boston, Massachusetts $32,571,616 Chicago, Illinois $392.32 $204,006 Philadelphia, Pennsylvania $31,592,809 Newark, New Jersey $362.30 $188,396 Chicago, Illinois $31,322,946 Fairfax, Virginia $356.40 $185,328 Minneapolis/St. Paul, Minnesota $30,806,773 Philadelphia, Pennsylvania $351.23 $182,640 Seattle, Washington $30,774,399 Minneapolis, Minnesota $334.82 $174,106 Baltimore, Maryland $29,485,765 Houston, Texas $315.59 $164,107 Denver/Boulder, Colorado $28,374,493 LAS VEGAS, NEVADA $300.24 $156,125 Portland, Oregon $28,113,189 Houston, Texas $27,497,883 Source: The Boyd Co., Inc., Princeton, NJ. *Reflects on-site cost structures typically operating cost incurred by corporate travelers, such as business traveler lodging, meals, rental car, Dallas/Ft. Worth, Texas $27,198,930 local transit and other incidental costs. †Annual costs are based on an average of 10 LAS VEGAS, NEVADA $26,447,448 billable per diem travel days per week in each of the surveyed cities.

Source: The Boyd Co., Inc., Princeton, NJ. *The 15 cities analyzed are those housing large concentrations of corporate and entrepreneurial high technology investment and jobs. Total operating costs in the table are based on a representative high technology center in the information sciences field employing 200 workers and occupying 100,000 sq. ft. of high tech office space.

Located at 4527 Losee Road, Block Data Center Las Vegas is the only wholesale data center space available in Las Vegas that offers 10 megawatts of tier 3 data center space. The project is a national marketing headquarters for TRES who have been developing data centers in US, Canada and Europe since 1997.

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Nevada Taxes

This percentage is scheduled to revert to 0.63 percent of The low-tax climate in Nevada is one of the most Business Registration Fees all gross wages reported in a quarter, effective June 30, cited reasons to do business in the state. This tax Fees for filing articles of incorporation or agreements of 2015. Financial Institutions pay a rate of 2 percent. The structure also clearly distinguishes Nevada as consolidation providing for shares apply in Nevada. The employer can deduct any costs for providing a qualified providing a business environment very few states rate is based on the value of the shares with a minimum employer-paid health care plan. can match. fee of $75 and a maximum fee of $35,000 (example: total value of shares - $75,000 or less the fee is $75; Motor Vehicle Fuel IN NEVADA THERE IS NO… $200,000 or less the fee is $175; total value of shares ý Corporate Income Tax over $1 million is $375 plus $275 for each additional Gasoline and gasohol are taxed at 23 cents per gallon. ý Admissions Tax $500,000 or fraction there of not to exceed $35,000). Additional county taxes range from 5 cents to 10 cents ý Personal Income Tax Fees for the Annual Filing are the same as for filing the per gallon. Diesel, kerosene, biodiesel and biodiesel ý Unitary Tax articles of incorporation; however, the maximum fee is blends are 27 cents per gallon, liquid petroleum and ý Franchise Tax on Income $11,100. Non par value stock is assigned a value of $1 butane are 22 cents per gallon, compressed natural gas ý Estate Tax per share for the purpose of computing the fee. Fees are is 21 cents per gallon and water-phased fuel is 19 cents ý Inheritance or Gift Tax the same for domestic and foreign corporations. Fees per gallon. are also imposed upon Limited-Liability Companies, NEVADA PROVIDES… Limited Partnerships and Limited-Liability Partnerships Motor Vehicle þ Competitive Property Tax Rates and Business Trusts. Contact the Nevada Secretary of Fees are annual and must be paid on all vehicles at the þ Competitive Sales Tax Rates State office for additional information. time of registration. þ Minimal Employer Payroll Tax - Refer to Modified Business Tax Gaming Governmental Service Tax There are five principal types of gaming taxes. Gross This tax is in lieu of personal property tax. The nevada taxes nevada Alcoholic Beverage gaming revenue tax, table tax and slot taxes are levied valuation of the vehicle is determined at 35 percent by the state. In addition, gaming fees are levied by the of the manufacturer’s suggested retail price, Excise tax on importation, processing, storing or selling county and local governments. For more information, without accessories. Vehicle value is depreciated of all liquor (including beer). Malt beverages are taxed contact the Nevada Gaming Control Board. to 95 percent after the first year and graduated at 16 cents per gallon and liquor is taxed from 70 cents down to 15 percent after nine years. Buses, trucks to $3.60 per gallon depending on the alcohol content. Lodging and truck trailers depreciate down to 85 percent Sales tax is collected on the retail price. A state license after the first year and down to 23 percent after A statewide tax of 1 percent of gross receipts is fee of $100 is paid annually. 10 years. The rate imposed by the state is 4 cents imposed on the rental of hotel and motel rooms. This on each $1 valuation. Counties may levy up to one is in addition to any locally imposed room taxes which Business License cent on each dollar of valuation, but the total tax range from 7 to 13 percent. In Clark County, the total imposed cannot exceed 5 cents on each dollar of A state license fee is paid annually. The fee is currently combined rate ranges from 10 to 13 percent. $200 through June 30, 2015, when it is scheduled to valuation. revert to $100. The county and cities also impose a Live Entertainment Tax Registration business license fee on businesses in their jurisdiction. The fee is generally based on the type of business (i.e., Imposed at locations where live entertainment is Passenger cars, motorcycles, travel trailers, low retail, professional, hotel, etc.) provided for which there is an admission, cover or table speed and electric vehicles and trucks with a gross charge. The rate is 10 percent if maximum occupancy vehicle weight less than 6,000 pounds pay $33 per Car Rental at a facility is less than 7,500 and that rate is also im- year. Rates on trucks vary from a low of $38 for posed on food, beverage and merchandise. If the maxi- a truck with a gross weight of 6,000 pounds to a The state fee is imposed at 10 percent on the short- mum occupancy is 7,500 or more, the rate is 5 percent maximum of $1,360 for a truck with a gross weight term rental of a passenger car. Both Clark and Washoe and is not imposed on food, beverage or merchandise. of 80,000 pounds. counties levy an additional 2 percent for authorized For non-gaming establishments there is no tax imposed projects. Ten percent is remitted to the state general if the maximum occupancy is less than 200. Property fund. Additional airport fees apply. Modified Business Tax State statutes limit the property tax rate to a total of Cigarette / Tobacco Products $3.64 per $100 of assessed valuation. Assessment The tax is based on gross payroll paid in the calendar is at 35 percent of taxable value. The tax is applied to The excise tax on cigarettes is 4 cents per cigarette, quarter and imposed on businesses in Nevada who are the assessed value. Property tax rates may vary within which equates to 80 cents per package of 20. Other required to make unemployment insurance contributions the city and county, due to special districts or general tobacco products are taxed at 30 percent of the whole- to the Nevada Department of Employment Security. improvement districts such as fire control districts, saler’s cost. Sales tax is also collected on the retail General Business employers pay a tax rate of 1.17 per- library districts and television districts. The tax bill is price. cent on gross wages reported over $85,000 in a quarter. capped at a maximum increase of 3 percent over the

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prior year for an owner-occupied residence or a rental Insurance Premium the total rate is 3 percent. Thereafter, it may vary from property with rent charged below the HUD Fair Market 0.3 percent to 5.4 percent depending on the number of Rents, and a maximum increase of 8 percent for all Insurers pay 3.5 percent of the total direct premiums employees and the firm’s unemployment record. The other real and personal property. written for the preceding calendar year covering prop- maximum wage base upon which the rate is applied erty and other risks in the state. The tax is passed onto changes annually. For 2014, the maximum wage base REAL PROPERTY the consumer in the cost of the premium. Risk retention is $27,400. groups registered in Nevada, but chartered in another Includes land, buildings and improvements not state pay a rate of 2 percent. The tax is due on actual normally removable. The taxable value for land Universal Energy Charge premiums received in the quarter with payment due 30 is full cash value. The value for improvements is days following the end of the quarter. The tax is assessed on each therm of natural gas or replacement costs less depreciation at 1.5 percent kilowatt hour of electricity consumed in Nevada. The per year up to 50 years. Sales and Use rate is 3.30 mills per therm of natural gas and .39 PERSONAL PROPERTY mills per kilowatt-hour of electricity. If tax collected Sales tax is charged at the retail level on the sale of exceeds $25,000 in any calendar quarter, a refund Includes property not permanently affixed to land, tangible personal property unless exempt by statute. A for the amount over $25,000 may be requested. The such as business equipment and mobile/manu- companion “use” tax is charged on property purchased tax is distributed to the Welfare Division and is further factured homes not converted to real property. outside of Nevada and brought into the state for use. distributed 25 percent to the Nevada Housing Division Assessment is 35 percent of original cost less The maximum combined State rate is 6.85 percent. for weatherization. The Welfare Division uses the re-

depreciation. Counties are allowed various options to pay for items maining 75 percent for energy assistance to low-income nevada taxes such as transportation, roads, flood control and water. households. The tax is remitted within 30 days after the Industrial Insurance In Clark County, the total combined rate is 8.1 percent. end of each calendar quarter. As a pass-through, the Industrial insurance is obtained through private tax is itemized on each customer’s billing statement as insurance carriers, self-insurance or group self- Unemployment Insurance a separate line item. insurance. For more information about self-insurance Paid by employers of one or more persons with total Source: Nevada Taxpayers Association. Note: All rates or group self-insurance contact the Nevada Division wages paid of $225 or more during a calendar quarter. are current as of January 1, 2014. of Insurance. For the first 14 quarters as an employer in Nevada,

Tax Concern

Not at all Concerned 5.8%

Very Concerned Not too Concerned 42.9% 13.9%

Somewhat Concerned 37.4%

Downtown Container Park features shops and restaurants that occupy reconstructed shipping containers and modular metal cubes. The center courtyard is dominated by a giant treehouse playground, a one-of-a-kind interactive play area for children.

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Nevada Taxes (continued)

Comparative Real Estate Taxes* (Metro Areas) LOCATION LAND COST ($000) BUILDING COST ($000) TOTAL ($000) EFFECTIVE TAX RATE TOTAL ANNUAL REAL PROPERTY TAX COST New York, New York $17,800 $51,732 $69,532 $39.99 $27,809,059 Boston, Massachusetts $7,000 $45,743 $52,743 $33.42 $17,626,993 Denver, Colorado $4,500 $36,968 $41,468 $28.97 $12,013,276 LA/Long Beach, California $15,600 $43,589 $59,189 $16.73 $9,903,736 San Francisco, California $16,000 $51,114 $67,114 $14.71 $9,872,204 Detroit, Michigan $3,200 $41,023 $44,223 $21.79 $9,635,984 Dallas, Texas $3,800 $31,666 $35,466 $26.04 $9,234,327 Miami, Florida $4,500 $34,269 $38,769 $19.36 $7,506,390 Nashville, Tennessee $3,600 $32,774 $36,374 $19.26 $7,006,021 San Diego, California $15,000 $42,188 $57,188 $11.78 $6,734,792 LAS VEGAS, NEVADA $4,300 $40,145 $44,445 $11.47 $5,097,834

Source: The Boyd Co., Inc., Princeton, NJ. *Based on representative land and building costs scaled to a 350,000-square-foot light industrial building on a 20-acre, fully ser- viced site. Annual costs reflect representative nominal real property tax rate and assessment practices at each location. Petitions for tax abatements and special assessments are not considered.

General Fund Revenues by Fiscal Year ($000) TAX/REVENUE SOURCE 2010 2011 2012 2013* 2014* 2015* Branch Bank Excise Tax $3,379 $3,074 $3,048 $3,007 $3,006 $3,006 Business License Tax 8 14 1 2 0 0 nevada taxes nevada Business License Fee $41,940 $54,466 $64,790 $68,367 $68,265 $68,891 Modified Business $385,110 $381,901 $369,661 $385,584 $382,939 $402,113 Casino/Live Entertainment $119,720 $130,638 $136,982 $132,964 $136,078 $141,142 Cigarette & Tobacco $98,126 $96,000 $91,249 $91,473 $90,205 $88,955 Gaming $668,368 $683,717 $686,450 $705,112 $727,181 $758,462 Insurance Premium $234,549 $235,792 $237,859 $247,227 $263,239 $285,286 Liquor $38,425 $39,483 $40,650 $39,704 $39,814 $40,056 Mining $76,848 $129,692 $120,425 $93,881 $95,738 $101,072 Other Taxes $154,002 $179,105 $67,358 $68,437 $69,224 $70,134 Real Property Transfer $53,315 $51,552 $48,374 $51,702 $52,227 $55,283 Sales and Use $784,349 $826,281 $875,596 $919,122 $969,853 $1,023,194 TOTAL TAXES $2,658,139 $2,811,715 $2,742,443 $2,806,583 $2,897,769 $3,037,595 Licenses $112,536 $122,738 $119,091 $116,222 $114,925 $115,781 Fees and Fines $45,258 $57,288 $58,405 $64,322 $55,752 $56,174 Interest Income $2,386 $1,180 $505 $454 $620 $686 Other Revenue $188,700 $182,505 $161,324 $99,164 $54,449 $80,994 Subtotal (non-taxes) $348,880 $363,711 $339,325 $280,162 $225,746 $253,636 TOTAL† $3,007,020 $3,175,426 $3,081,768 $3,086,745 $3,123,515 $3,291,231

Source: State of Nevada Legislative Department. *Economic forecast as of May 1, 2013. †Numbers may not add due to rounding. Other taxes include room, governmental services taxes and higher education capital fund.

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Business Assistance Programs

The Las Vegas Global Economic Alliance, in partnership with the Governor’s Office of Economic Development and local communities, offers a variety of incentives to help qualifying companies make the decision to do busi- Las Vegas Global Economic Alliance ness in the region, including sales tax abatements on capital equipment purchases, sales and use tax deferral on capital equipment purchases, abatements on personal and modified business taxes, real property tax abate- (702) 791-0000 or Toll Free (888) 466-8293 ments for recycling, assistance with the cost of intellectual property development, and employee training grants. 6795 Edmond St., Ste. 260 Las Vegas, NV 89118 www.lvgea.org

SALES AND USE TAX ABATEMENT REAL PROPERTY TAX ABATEMENT Nevada Governor’s Office of Sales and use tax abatement on qualified capital FOR RECYCLING Economic Development equipment purchases, with reductions in the rate to Up to 50% abatement for up to 10 years on real and (775) 687-9900 or Toll Free (800) 336-1600 as low as 2%. personal property for qualified recycling businesses. 808 West Nye Lane Carson City, NV 89703 business assistance programs MODIFIED BUSINESS TAX ABATEMENT TRAIN EMPLOYEES NOW (TEN) www.diversifynevada.com An abatement of 50 percent of the 1.17% rate on Matching grants of up to 75% for training programs Nevada Department of Taxation quarterly wages exceeding $85,000. for eligible employees. (775) 684-2000 PERSONAL PROPERTY TAX SILVER STATE WORKS EMPLOYEE 1550 College Parkway Carson City, NV 89706 ABATEMENT HIRING INCENTIVE www.tax.state.nv.us An abatement on personal property not to exceed Employers can receive as much as $2,000 for each 50% over a maximum of 10 years. state-qualified employee hired.

Located at 495 S. Grand Central Parkway, the World Market Center Las Vegas is an integrated home and hospitality contract furnish- ings showroom and trade complex. The campus showcases furni- ture, decorative accessories, gift, lighting, area rugs, home textiles and related segments, as well as the Las Vegas Design Center open daily to consumers and designers. Photo by Lupe Garcia.

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Transportation

McCarran International Airport consists of 110 aircraft gates at two separate terminal buildings, each with its own parking garage, ticketing/ check-in area, baggage claim, and shopping and dining options. Terminal 1 includes the A, B, and C Gates. The D Gates satellite concourse is accessible from Terminal 1 via an automated transit system. Terminal 3 , a 14-gate terminal, is home to all foreign flag carriers and some domestic carriers. Photo courtesy of Mc- Carran International Airport.

transportation Average Daily Departures From McCarran International Airport ARRIVAL CITY PASSENGERS FLIGHTS ARRIVAL CITY PASSENGERS FLIGHTS ARRIVAL CITY PASSENGERS FLIGHTS Los Angeles 3,199 33 Houston-Intercontinental 1,214 9 Orange County 749 7 Denver 2,534 21 Minneapolis/St. Paul 1,212 8 Honolulu/Oahu 705 3 San Francisco 2,389 22 Oakland 1,130 10 Baltimore 623 4 Phoenix 1,888 18 Chicago-Midway 1,100 8 Ontario 603 6 Atlanta 1,877 12 Reno 1,087 10 Bellingham 581 4 Dallas/Fort Worth 1,784 14 Portland 1,009 8 Miami 551 4 Seattle/Tacoma 1,642 12 Burbank 996 10 Houston-Hobby 544 4 Philadelphia 945 6 Chicago-O'Hare 1,499 11 * Average Daily Flights and Passengers are as of New York-JFK 1,435 11 San Jose 869 8 12-months ending November 2013 (latest data San Diego 1,433 13 Sacramento 860 7 available at time of publication). Detroit 1,420 9 Newark 788 6 Salt Lake City 1,280 11 Charlotte-Douglas 783 5

Rail Delivery Times From Air Cargo Activity Trend (in thousand pounds) Southern Nevada MARKET CITY TRAILER ON FLAT CAR BOXCAR 2003 181,153 Chicago 3 days 5 days 2004 201,136 Denver 2 days 3 days 2005 221,718 221,718 223,617 Kansas City 2 days 5 days 2006 223,617 203,615 201,446 205,095 201,136 195,151 Los Angeles 1 day 2 days 2007 203,615 189,893 193,211 188,510 Portland 2 days 4 days 2008 189,893 181,153 St. Louis 2 days 5 days 2009 193,211 Salt Lake City 1 day 2 days 2010 195,151 Seattle 2 days 4 days 2011 188,510 Source: The Boyd Co., Inc., Princeton, NJ. 2012 201,446 2013 205,095 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13

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Transportation (continued)

Common Carrier Service

Trucking Rail Service cargo facility. McCarran Air Cargo facilities are capable of handling all aircraft types and its Foreign Trade Zone With borders on five states, Nevada provides efficient Southern Nevada’s rail service is provided by Union (FTZ) is attractive to international customers. Cargo transportation links to major western markets. Las Pacific Railroad. The line runs northeast/southwest growth will continue to play a significant role in McCar- Vegas, located in Clark County, is at the hub of an through Clark County providing access to several in- ran’s economic development well into the 21st century. extensive transportation network on three major dustrial sites. The railroad provides intermodal service highway corridors: Interstate 15, U.S. Highway 95, and with daily switching frequency as well as standard North Las Vegas Airport is a general aviation airport U.S. Highway 93. boxcar and tank-car service. located at the north end of the Las Vegas valley, just 9 miles from the center of the Las Vegas Strip. The Clark County’s strategic location provides next-day Bus Service airport is accessible 24 hours a day with pilot-activated freight service to 80 percent of the 11 state western re- There are many services designated to help visitors runway lighting on both runways. Air traffic control gion. Nearly every western city is within 2nd-day delivery and community members get where they need to go, in- tower hours are 6:00 am to 8:00 pm daily. There are time, which translates into a market totaling more than cluding RTC Transit, RTC Paratransit, SilverSTAR & FDR, no landing fees. 100 low-lead octane is available 24 50 million people. More than 50 motor carriers, including Mobility Training, Bike & Ride, Transit Centers and Park hours a day through credit card, self-service pumps; several specialized carriers, serve southern Nevada. The & Ride Facilities, and Transit Ambassadors. The Las full-service Jet A and 80 Octane are offered at competi- area provides a number of warehousing and manufac- Vegas Monorail is a privately funded public transporta- tive prices. The airport offers courtesy drop-off service turing-related support services including specialized transportation tion system servicing the Las Vegas resort corridor. to hotels within a five (5) mile radius of the airport, contract haulers, full-service public warehousing, U.S. subject to vehicle and personnel availability. The airport customs service, foreign trade zone and subzone accom- Airports has two lighted, asphalt runways each measuring ap- modations, assembly and packaging support. McCarran International Airport is located within the proximately 5,000 feet in length. Foreign Trade Zones Las Vegas valley. Each day the airport handles approximately 101,000 arriving/departing passengers, Henderson Executive Airport is located just 11 miles Las Vegas is home to Foreign Trade Zone #89. Foreign 611,000 pounds of arriving/departing cargo, 1,400 south of Las Vegas. It has one asphalt, lighted runway trade zones allow firms to bring foreign goods or raw aircraft operations and 3,300 international passengers. approximately 5,000 feet in length. Henderson materials for manufacturing and/or assembling into the The airport is a customs landing rights airport. There Executive Airport offers convenient transient parking, United States without formal customs entry or payment are four runways ranging in length from 9,765 - 14,510 on-airport rental cars, and full-service 100 low-lead of customs duties and government excise taxes until feet. Four fixed-base operators provide a full range of octane aviation gas and Jet A. products leave the zone. If the final product is exported services for private aircraft. from the United States, no U.S. Customs duty or excise Jean Sport Aviation Center is located 20 miles south of tax is levied. If the final product is imported into the McCarran International Air Cargo Center, through its Las Vegas on I-15. United States, fees are only due at the time of transfer innovative partnership with International Aviation Termi- Source: NV Energy. on the product or its parts, whichever is lower. nals (IAT) of Vancouver, BC, has evolved into a major air

Seattle: 1,261 miles Distance From Las Vegas CITY MILES Helena: 908 miles Portland: 1,189 miles Los Angeles, California 271 Boise: 764 miles Phoenix, Arizona 289 Salt Lake City, Utah 423 Reno, Nevada 446 Salt Lake City: 423 miles Sacramento, California 562 Sacramento: 562 miles Reno: 446 miles Cheyenne: 841 miles San Francisco, California 570 San Francisco: 570 miles Santa Fe, New Mexico 634 Denver: 745 miles Denver, Colorado 745 Boise, Idaho 764 Cheyenne, Wyoming 841 Los Angeles: 271 miles Santa Fe: 634 miles Helena, Montana 908 Portland, Oregon 1,189 Seattle, Washington 1,261 Phoenix: 289 miles Source: NV Energy & Free Trip.

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Communications

Major TV Stations Major Radio Networks STATION/CHANNEL NETWORK OWNER/BRANDING STATION FORMAT BAND POSITION KSNV – 3 NBC Aurora Media, LLC KVVU – 5 FOX KYLI Dance Top 40 FM 96.7 KLAS – 8 CBS Beasley Broadcasting Group KLVX – 10 PBS KKLZ Classic Hits FM 96.3 KTNV – 13 ABC KCYE Country FM 102.7 KINC – 15 UNI KOAS Rhythmic Oldies FM 105.7 KVMY – 21/12* MNT KVGS Adult Hits FM 107.9 KVCW – 33/6* CW KDWN News/Talk AM 720 KBLR – 39 TEL CBS Radio Inc. KMXB Hot AC FM 94.1 *Indicates correlating cable channel. KLUC Rhythmic Contemporary Hit Radio FM 98.5 * KXNT News/Talk/Sports FM 100.5 Local Media Website Rankings KXTE Modern Rock FM 107.5 Las Vegas Review Journal 1 KXNT News/Talk AM 840 Las Vegas Sun 2 KXST Sports AM 1140 KLAS (Channel 8) 3 Clear Channel Communications KVVU (Channel 5) 4 KPLV Top 40 FM 93.1 KTNV (Channel 13) 5 KWNR Country FM 95.5 KSNV (Channel 3) 6 KSNE Adult Contemporary FM 106.5 communications Source: comScore. *Based on market share. 12-month Economic Opportunity Board of Clark County average from Jan - Dec of 2013. KCEP Urban Contemporary FM 88.1 Entravision Communications Corp. Comparative Annual KRRN Regional Mexican FM 92.7 Telecommunications Costs KQRT Regional Mexican FM 105.1 Faith Communications Corp. For 800 Service KSOS Christian Contemporary FM 90.5 * CITY ANNUAL COST Immaculate Heart Radio Educational Broadcasting Los Angeles, California $1,206,911 KNIH Religious AM 970 San Jose, California $1,132,913 Kemp Broadcasting Inc. San Diego, California $1,095,914 KVEG Rhythmic Contemporary FM 97.5 Miami, Florida $1,075,834 KVGQ Top 40 FM 106.9 Chicago, Illinois $1,050,405 KMZQ Sports AM 670 Providence, Rhode Island $1,028,575 KHWY, Inc. Houston, Texas $1,025,394 KHYZ Highway Radio FM 99.7 Dallas, Texas $1,005,044 Las Vegas Broadcasters, Inc. Seattle, Washington $999,864 KKVV Religious AM 1060 LAS VEGAS, NEVADA $993,500 Las Vegas Radio Co. Inc. Philadelphia, Pennsylvania $976,777 KSHP Sports/Shopping AM 1400 Boston, Massachusetts $976,777 Lotus Broadcasting Corporation Source: The Boyd Co., Inc., Princeton, NJ. *Based on a KOMP Album-Oriented Rock FM 92.3 monthly use of 2.5 million minutes of inbound toll-free KXPT Classic Rock FM 97.1 service at a representative high volume national dis- KWWN Sports FM 98.9 counted rate. Includes estimated federal, state and local taxes and surcharges, including the 16.4% federal KWID Spanish Adult Hits FM 101.9 universal service fee and other carrier cost recovery and KBAD Sports Talk AM 920 compliance expenses estimated at 17.7%. Does not KWWN Sports AM 1100 include installation, equipment or local or intra-state call costs. KLAV Talk Radio AM 1230 KRLV Regional Mexican AM 1340 KENO Spanish Sports AM 1460

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Major Radio Networks (continued) OWNER/BRANDING STATION FORMAT BAND POSITION M&M Broadcasting LLC KADD Mandarin FM 93.5 Nevada Public Radio KNPR Public Radio FM 88.9 KCNV Classical/Public Radio FM 89.7 Radio Activo Broadcasting License, LLC KXLI Contemporary Hit Radio, Spanish FM 94.5 Royce International Broadcasting KFRH Top 40 FM 104.3 KBET Talk AM 790 Southern Nevada Educational Broadcasters KEKL Christian Contemporary FM 88.5 KVKL Christian Contemporary FM 91.1 Summit American, Inc. KJUL Adult Standards/MOR FM 104.7 communications Summit Media KQLL Oldies FM 102.3 KQLL Oldies AM 1280 University of Nevada, Las Vegas KUNV Jazz FM 91.5 Univision Communications Inc. KRGT Spanish Urban FM 99.3 KISF Spanish FM 103.5 CBS RADIO, a division of CBS Corporation, owns and operates KLSQ Spanish Variety AM 870 CBS Sports Radio KXST, KMXB, KLUC, KXTE, KXST, and KNXT AM/ FM in Las Vegas. CBS RADIO is located at 7255 South Tenaya Way, Suite 100.

Las Vegas Designated Market Area (DMA) Ranking Las Vegas is the 42nd largest DMA in the United States

'03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 0

40 42 42 42 40 40 42 50 43 43 48 51 51 60

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Banking

Banks in Clark County NAME BRANCHES TOTAL ASSETS ($000) NAME BRANCHES TOTAL ASSETS ($000) Amalgamated Bank 1 $3,765,045* Nevada State Bank 31 $3,979,992 American First National Bank 1 $946,381* Plaza Bank 2 $490,957* Armed Forces Bank, National Association 2 $1,664,450* Royal Business Bank 1 $717,559* Bank of America, National Association 53 $1,433,716,000* Talmer West Bank 4 $567,632* Bank of George 2 $111,682 The Northern Trust Company 1 $102,658,650* Bank of the West 5 $66,467,781* Town & Country Bank 5 $123,172 Beal Bank USA 1 $6,817,551* Toyota Financial Savings Bank 1 $928,805 BMO Harris Bank, National Association 1 $91,286,152* U.S. Bank National Association 72 $360,478,278* Cathay Bank 1 $10,974,289* USAA Savings Bank 1 $2,731,733 Citibank, National Association 16 $1,346,747,000* Valley Bank of Nevada 1 $88,820 City National Bank 7 $29,373,389* Washington Federal, National Association 4 $14,408,200* Credit One Bank, National Association 1 $111,711 Wells Fargo Bank, National Association 82 $1,373,600,000* First Foundation Bank 1 $1,033,994* Wells Fargo Financial National Bank 1 $5,742,869 First Savings Bank 1 $492,215* Western Alliance Bank 12 $9,194,974* First Security Bank of Nevada 1 $126,006 Wilmington Savings Fund Society, FSB 1 $4,511,602* JPMorgan Chase Bank, National Association 49 $1,945,467,000* Wilmington Trust, National Association 1 $1,709,513* Kirkwood Bank of Nevada 1 $57,555 Wilmington Savings Fund Society, FSB 1 $4,363,066* Meadows Bank 2 $405,522 Wilmington Trust, National Association 1 $1,846,539*

banking MidCountry Bank 1 $672,943* Note: Total assets in Nevada only unless otherwise specified. *Total assets (assets Mutual of Omaha Bank 5 $6,392,855* unavailable by state). Source: Federal Deposit Insurance Corporation (FDIC). Data as Nevada Bank and Trust Company 1 $106,509 of December 2013.

Credit Unions in Clark County CREDIT UNION FEDERAL/STATE PHONE Aloha Pacific FCU Federal 776-6900 America First FCU Federal (800) 999-3961 Boulder Dam Credit Union State 293-7777 Clark County Credit Union State 228-2228 Credit Union 1 State 735-2181 InTouch Credit Union State (800) 337-3328 LV UP Employees CU Federal 382-9688 Mountain America CU Federal 251-5750 Navy Federal CU Federal (888) 842-6328 One Nevada CU Federal 457-1000 Plus Credit Union State 871-4746 SCE FCU Federal (800) 866-6474 Sierra Pacific FCU Federal 876-7229 Silver State Schools Family CU State 733-8820 Stage Employees FCU Federal 873-3675 WestStar Credit Union State 791-4777

Note: Where area codes are omitted, it is a local call in the Las Vegas area. InTouch Credit Union has four branch locations throughout the Las Vegas valley. One of which is located in North Las Vegas – Cannery Corner, 2620 East Craig Road.

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06-business-industry.indd 104 3/19/14 1:24 PM 1178509_11343 7.625x10.125 Take your business to 4c new places

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Utilities

Average Monthly Residential Utility Costs SERVICE MAJOR PROVIDERS AVERAGE COST* Electric Power NV Energy $165.78 Natural Gas Southwest Gas Corporation $42.75 Sewer Clark County Water Reclamation District $18.42 Solid Waste Disposal Republic Services of Southern Nevada $14.01 Water Las Vegas Valley Water District $46.76

Source: Individual utility companies. *Includes service charge.

Electric Power Cost Comparisons Among Major Western Cities PROVIDER COMMERCIAL* INDUSTRIAL† RESIDENTIAL‡ NV ENERGY 9.31 8.16 13.26 Sierra Pacific 8.96 7.29 11.41 Arizona Public Service 9.65 8.62 12.15 Los Angeles Dept. of Water & Power 11.75 10.47 13.75 PG&E (San Jose) 15.91 12.70 26.66 Southern California Edison 12.21 10.01 23.15 San Diego Gas & Electric 15.24 13.69 29.61

Source: NV Energy. Data reflects average cents per kWh. *21,600 kWh & 50 kW Demand/Month †1,350,000 kWh & 2,500 kW Demand/Month ‡Typical NV Energy Customer 1,250 kWh/Month. Pump vibrations can lead to costly repairs and impact the deliverability of water to utilities customers. The Las Vegas Valley Water District routinely tests the vibrations on its pumps as part of the protective maintenance program.

Energy Cost Concern SNWA Infrastructure Charge* Not at all Concerned METER SIZE (INCHES) RESIDENTIAL NON-RESIDENTIAL FIRE METER 6.0% Very Concerned 43.7% 5/8 & 3/4 $5.64 $19.69 $3.34 1 $20.42 $37.29 $6.32 Not too Concerned 11.6% 1.5 $40.83 $74.58 $12.63 2 $65.34 $119.33 $20.21 3 $130.66 $238.66 $40.41 4 $204.15 $372.91 $63.14 6 $408.29 $745.81 $126.28 Somewhat Concerned 8 $653.26 $1,193.29 $202.04 38.7% 10 & larger N/A $1,715.35 $290.43

Source: Las Vegas Valley Water District. *Rates based on 30-day month – service charge and thresholds vary based on number of days in billing period. Rates exclude Water Availability Concern commodity surcharge ($0.34 for every 1,000 gallons used) and reliability surcharge (calculated as a percentage of water usage plus service charges: residential at 0.25 percent; commercial at 2.5 percent) and an SNWA Infrastructure Charge (approxi- 51.5% mate monthly charges per meter).

33.9%

8.2% 6.4%

Very Somewhat Not too Not at all Concerned Concerned Concerned Concerned

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Monthly Water Costs SINGLE FAMILY RESIDENTIAL NON-SINGLE FAMILY RESIDENTIAL THRESHOLD RATE THRESHOLD RATE METER SIZE (INCHES) MO. SERVICE CHARGE TIER (X 1,000 GAL) (X 1,000 GAL) METER SIZE (INCHES) MO. SERVICE CHARGE TIER (X 1,000 GAL) (X 1,000 GAL) 5/8 $10.06 1 0 - 5 $1.16 5/8 $10.06 1 0 - 5 $1.16 2 5.01 - 10 $2.08 2 5.01 - 10 $2.08 3 10.01 - 20 $3.09 3 10.01 - 20 $3.09 4 20.01 and over $4.58 4 20.01 and over $4.58 3/4 $11.59 1 0 - 6.8 $1.16 3/4 $11.59 1 0 - 7.5 $1.16 2 6.81 - 13.5 $2.08 2 7.51 - 15 $2.08 3 13.51 - 27.0 $3.09 3 15.01 - 30 $3.09 4 27.01 and over $4.58 4 30.01 and over $4.58 1 $14.64 1 0 - 10.1 $1.16 1 $14.64 1 0 - 12.5 $1.16 2 10.11 - 20.32 $2.08 2 12.51 - 25 $2.08 3 20.33 - 57.5 $3.09 3 25.01 - 75 $3.09 4 57.51 and over $4.58 4 75.01 and over $4.58 1 1/2 $22.26 1 0 - 18.6 $1.16 1 1/2 $22.26 1 0 - 25 $1.16 2 18.61 - 37.2 $2.08 2 25.01 - 50 $2.08 3 37.21 - 175.7 $3.09 3 50.01 - 250 $3.09 utilities 4 175.71 and over $4.58 4 250.01 and over $4.58 2 $31.42 1 0 - 28.71 $1.16 2 $31.42 1 0 - 40 $1.16 2 28.72 - 57.43 $2.08 2 40.01 - 80 $2.08 3 57.44 - 385.26 $3.09 3 80.01 - 560 $3.09 4 385.27 and over $4.58 4 560.01 and over $4.58 3 $55.83 1 0 - 80 $1.16 2 80.01 - 160 $2.08 3 160.01 - 1,440 $3.09 4 1,440.01 and over $4.58 4 $83.28 1 0 - 125 $1.16 2 125.01 - 250 $2.08 3 250.01 - 4,000 $3.09 4 4,000.01 and over $4.58 6 $159.56 1 0 - 250 $1.16 2 250.01 - 500 $2.08 3 500.01 - 12,500 $3.09 4 12,500.01 and over $4.58 8 $251.09 1 0 - 400 $1.16 2 400.01 - 800 $2.08 3 800.01 - 24,000 $3.09 4 24,000.01 and over $4.58 10 $357.87 1 0 - 575 $1.16 2 575.01 - 1,150 $2.08 3 1,150.01 - 40,250 $3.09 4 40,250.01 and over $4.58 12 $525.67 1 0 - 850 $1.16 The Las Vegas Valley Water District utilizes soil resistivity meters to test the electrical conductivity of 2 850.01 - 1,700 $2.08 the ground. Because soil is a potential corrosive agent, the data is then used to help determine how much cathodic protection is needed for the system’s underground infrastructure. 3 1,700.01 - 59,500 $3.09 4 59,500.01 and over $4.58

Source: Las Vegas Valley Water District. *Rates based on 30-day month – service charge and thresholds vary based on number of days in billing period. Rates exclude commodity surcharge ($0.34 for every 1,000 gallons used) and reliability surcharge (calculated as a percentage of water usage plus service charges: residential at 0.25 percent; commercial at 2.5 percent).

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As a community, we’re working hard to make sure that Southern Nevada has a reliable water supply so that our businesses, families and neighborhoods can continue to thrive. Because life here just wouldn’t be the same without it. Let’s stay water smart, Southern Nevada. Learn more at snwa.com.

The Southern Nevada Water Authority is a not-for-proﬁ t agency.

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Job #: 090197.01 Ref #: 088336.01 Notes: Client: SNWA Desc: SNWA Value of Water LIFE Print Ad MASTER Tom 2/14/14 loaded Size: 8.5" x 11.0" Trim Color: 4C (FULL pg) Bleed .25 Fonts: Helvetica Neue Lt Std Pub: LV Perspective Date: 2.12.14 Version: Original AE: BT CD/ACD: RL AD: DV GD: Dorcus Traf: AU