Clark County commissioners approve $50 million in bonds for Global Business District

Clark County commissioners on Tuesday unanimously approved issuing $50 million in bonds that will go toward the Las Vegas Global Business District project.

That 10-year project has a price pegged at $2.5 billion. The county’s action was the final step needed following action from the Las Vegas Convention and Visitor Authority’s board of directors on Jan. 14. The LVCVA board approved a 2014 bond resolution with an authority of $50 million.

The project will revamp the Las Vegas Convention Center, 3150 Paradise Road, and provide a World Trade Center, various technology upgrades and aesthetic improvements.

Officials anticipate that bonds, yielding 4.5 percent to 5 percent, will be issued on or about Jan. 30 and closed Feb. 20.


Comment section guidelines

The below comment section contains thoughts and opinions from users that in no way represent the views of the Las Vegas Review-Journal. This public platform is intended to provide a forum for users of reviewjournal.com to share ideas, express thoughtful opinions and carry the conversation beyond the article. Users must follow the guidelines under our Commenting Policy and are encouraged to use the moderation tools to help maintain civility and keep discussions on topic.

View Comments