Clark County commissioners will vote early next month on loaning as much as $500,000 to the Las Vegas Stadium Authority, underconditions that money is repaid promptly and spent under a watchful eye.
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County commissioners will consider loaning as much as $500,000 to the stadium authority during their Tuesday meeting, commission Chairman Steve Sisolak said Friday.
Applied Analysis will continue to play an integral role in bringing a stadium to the Las Vegas Valley after the Stadium Authority Board temporarily hired the local research firm during its inaugural meeting Monday.
State officials have posted the first agenda for what will be known as the Stadium Authority Board and much of the meeting will be dedicated to discussing procedures board members will take as it works to build a new home for the Oakland Raider
A majority of Clark County commissioners voted Tuesday to codify two hotel room tax increases to fund the upgrade of the Las Vegas Convention Center and the construction of a 65,000-seat stadium.
Gov. Brian Sandoval on Monday said he wants to take a wait-and-see approach before deciding whether to fast-track at least $899 million in freeway improvements to accommodate construction of a new 65,000-seat stadium.
Gov. Sandoval also names banker, MGM official to the new nine-member body established to oversee construction of a proposed $1.9 billion domed football stadium in Las Vegas.
Clark County commissioners will have nearly 100 applications to choose from when they appoint three members to the new stadium authority board Nov. 15.
When Clark County commissioners convene for their Nov. 15 meeting, they’ll have the option of codifying two hotel room tax increases to fund the upgrade of the Las Vegas Convention Center and the construction of a domed stadium in one fell swoop. But if Commissioner Chris Giunchigliani has her way, commissioners will take their time before raising the tax to finance $750 million in bonds for the $1.9 billion stadium project.
Clark County commissioners, spurred by the Nevada Legislature’s approval of a plan for a stadium that could house Oakland Raiders, gave their unanimous approval Tuesday for the Las Vegas Monorail Co. to extend its route from MGM Grand to Mandalay Bay.