It only took an hour and a half Wednesday for Clark County to sell the bonds necessary to help finance the planned $1.8 billion Las Vegas stadium to 43 institutional investors.
The agreement outlines improvements to infrastructure and public safety at and around the stadium, all of which the Raiders have agreed to fund.
The Raiders have agreed to meet all of Clark County’s infrastructure requests to mitigate the impact of building a 65,000-seat NFL stadium west of the Strip, county comprehensive planning director Nancy Amundsen said Wednesday.
The U.S. Army Corps of Engineers has signed off on plans to move a flood-control culvert so construction can begin in earnest at the future home of the Las Vegas Raiders.
Work at the site hasn’t even begun, and the NFL stadium in Las Vegas already faces its first possible construction delay.
The federal government is demanding $75.5 million in underpaid rent from Clark County for the Bali Hai Golf Club.
The Las Vegas Stadium Authority will get its first look at the details of the financing of the 65,000-seat domed football stadium when it meets Thursday, a day after Clark County officials conduct a high-impact project hearing on the development.
Clark County commissioners are expected to vote next week whether to allow the project to continue. While approval is all but certain, county staff has requested several stipulations be incorporated with the OK.
Providing adequate transportation infrastructure for Las Vegas’ impending NFL stadium was a chief concern for members of local town advisory boards who convened Wednesday night.
Every time a sold-out Las Vegas Raiders home game ends in 2020, thousands of vehicles are expected to take to local streets within an hour, according to a traffic impact study submitted Thursday to Clark County.