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Robert and Janet Vackar Stadium (formerly H-E-B Park) is a stadium in Edinburg, Texas. It served as the home of Rio Grande Valley FC Toros of the USL Championship from 2017 to 2023, and currently serves as the home of the UTRGV Vaqueros football team. The stadium has two stands with orange seats covered with a roof and a capacity of 9,735.
At the onset of an assignment, an appraiser is obligated to gather certain specified preliminary data about the project, such as the nature of the property to be appraised, the basis of value (e.g. market, investment, impaired, unimpaired), the interests appraised (e.g. fee, partial), important assumptions or hypothetical conditions, and the ...
The stadium, which opened in 2001, holds 4,000 people, expandable to 14,000-16,000 for concerts and other special events. It includes a 17.8' x 13.6' diamondvision scoreboard and luxury boxes. In 2015, the stadium received major upgrades due to the school officially becoming the owner. New rails and padding for the dugouts were added.
The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...
UTRGV Fieldhouse (formerly UTPA Fieldhouse until the 2015 merger that created UTRGV) is a 2,500-seat multi-purpose arena [1] on the campus of the University of Texas ...
A stadium subsidy is a type of government subsidy given to professional sports franchises to help finance the construction or renovation of a sports venue.Stadium subsidies can come in the form of tax-free municipal bonds, cash payments, long-term tax exemptions, infrastructure improvements, and operating cost subsidies.
The third and final approach to value is the Cost Approach to value. The Cost Approach to value is most useful in determining insurable value, and cost to construct a new structure or building. For example, single apartment buildings of a given quality tend to sell at a particular price per apartment. [13]
The general rule does not apply, however, if at the time of transfer the donor's adjusted basis in the property exceeds its fair market value and the recipient disposes of the property at a loss. In this situation the asset's basis is its fair market value at the time of transfer. See Treas. Reg. § 1.1015-1(a)(1).