The Las Vegas Convention and Visitors Authority initially would use funds from the scrapped Convention Center renovation project to pay for Las Vegas Monorail.
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The Las Vegas Convention and Visitors Authority will pursue the acquisition of the Las Vegas Monorail Co. and the authority’s board of directors will put it to a vote next week.
Tony Hsieh stepped down as CEO of Las Vegas-based online retailer Zappos.com.
LVCVA executives found there would be no financial advantage to extending the completion date of the $980.3 million project, so it will be finished as planned.