Clark County officials on Wednesday again postponed action on the Raiders’ request for waivers to development standards for signs planned for Allegiant Stadium.
The Raiders could pay Clark County $1.1 million per year to lease two lots to enhance parking operations tied to the $2 billion 65,000 fan capacity Allegiant Stadium.
The Clark County Commission on Wednesday postponed action on a request from the Raiders for waivers to development standards on signs at Allegiant Stadium.
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.
Republican governor candidate and state Treasurer Dan Schwartz said he wants to strip the $750 million taxpayer subsidy earmarked for the Raiders’ stadium and use it to fix Nevada’s much maligned public education system.
Board members cruised through a lengthy agenda, but had little to show for it in the end, except that everything still appears to be on track for completion of a final stadium development agreement in February.
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.
Rep. Dina Titus has sent a letter to congressional leaders urging a conference committee to add language that would exempt two major Las Vegas projects from a bill that would ban the use of tax-exempt bonds for stadiums used by professional sports teams.