Parking at Raiders Stadium in Las Vegas to be focus of next session

Parking, possibly the most difficult problem the Oakland Raiders face as the team works toward receiving the funds necessary to build its planned 65,000-seat indoor football stadium, will be a key topic in Thursday’s Las Vegas Stadium Authority meeting.

But don’t expect the Raiders to roll out any detailed plans then for where they’ll find the 16,250 parking spaces required by Clark County for games and other events.

The board gathers at 9 a.m. at the Clark County Government Center. The 30-item agenda is the most extensive in the authority board’s history.

39 documents

The board will review most of an estimated 39 documents related to finishing a stadium development agreement that, when signed off, will enable the Raiders to access $750 million in public funds for construction.

The discussion about parking will likely occur when the board addresses a lease agreement between the authority and the LV Stadium Events Company LLC, the Raiders’ subsidiary that will manage the scheduling of events in the stadium.

Along the way, the board will consider a personal seat license marketing and sales agreement that spells out the budget for revenue generated through sales of a license that gives holders the right to buy tickets; a non-relocation agreement that assures the Raiders will stay in Las Vegas over the 30-year term of the deal; a joint-use agreement with UNLV that enables the university’s football team to access the stadium; and a resolution that assures Clark County that all the requirements of Senate Bill 1 have been met.

“There are literally dozens of documents here, but the reality is that everyone has been looking at these for months,” Jeremy Aguero, principal for Las Vegas-based Applied Analysis, which serves as the Stadium Authority’s staff, said Monday. “These are not new documents.”

But something that is new is a five-paragraph section that addresses stadium parking and protects the authority and the public should the Raiders fail to meet their obligations.

“Parking and transportation infrastructure is the responsibility of the Raiders,” Aguero said. “It’s always been the responsibility of the Raiders and the team has been committed to that since day one, but (the fact the team has been working on it) always seems to be left out of the equation.”

While at the board’s February meeting, Raiders President Marc Badain said the parking issue would be addressed Thursday, he didn’t explain how it would be addressed.

Working ‘on multiple fronts’

“I think they (the Raiders) are working on multiple fronts to try and develop the best possible solution for the stadium and for the Raiders,” Aguero said.

While many have anticipated Badain would be making an announcement about a land transaction — which could still happen — the more likely scenario is that the Raiders will agree to the terms of new language in the lease agreement that addresses parking.

The new clause says, “StadCo (the Raiders subsidiary) shall provide and maintain sufficient parking facilities pursuant to the requirements of the county development agreement and consistent with first-class, premier NFL facilities currently in operation or approved for construction by the NFL until the term expiration date …”

After the introductory phrase, the document provides four remedies the Stadium Authority could take if the Raiders fail to meet their obligations.

— After notifying the Raiders of deficiencies, the authority could develop its own parking operations by tapping the capital improvement fund designed for future stadium improvements and upkeep. That would penalize the Raiders by having less available for other capital projects. An estimated $5 million would go into that fund every year from anticipated hotel room tax revenue. It also enables the authority to sue the Raiders if necessary.

— The authority could take over the stadium onsite parking concession and collect those fees to develop parking options.

— The authority could take over any offsite parking concessions and collect those fees to develop parking options.

— The authority could enter a contract with a third party at the Raiders’ expense to provide the necessary parking.

Commission meeting April 3

While most of the agreements to be considered by the authority board are expected to be approved and will be a part of the last forum for potential modifications, there’s still a review process ahead by Clark County and the NFL. The final approval is expected to be made April 3 when Clark County commissioners consider a bond ordinance that would put public money in the team’s hands.

Another important element that may not arise Thursday but must be determined by April 3 is the guaranteed maximum price of the project. The Raiders worked on that with contractor Mortenson Construction Co. last week, but it’s unclear whether that will be disclosed Thursday.

“Even after Thursday, there’s a lot of work to do before we can take a victory lap,” Aguero said.

Contact Richard N. Velotta at rvelotta@reviewjournal.com or 702-477-3893. Follow @RickVelotta on Twitter.

ad-high_impact_4
Raiders Videos
Vegas Nation: Gruden Gives "Final Exams"
Vegas Nation host Bryan Salmond and Raiders beat writer Michael Gehlken go over the Raiders improvement throughout training and how Gruden has been pushing the Raiders.
Vegas Nation: Raiders Deciding On Opening Day Kicker
Raiders beat reporter Michael Gehlken and Review-Journal sports columnist Ed Graney go over he Raiders choosing an opening day kicker and Doug Martin's potential.
Vegas Nation: Mandatory Mini Camp
Vegas Nation host Bryan Salmond, Raiders beat writer Micheal Gehlken and Review-Journal sports writer Ed Graney go over day one of the Raiders mini camp.
Vegas Nation: Derrick Johnson standing out at OTAs
Vegas Nation host Bryan Salmond and Raiders beat writer Michael Gehlken go over the Raiders OTAs and how the team is adjusting to new coaching style of head coach Jon Gruden.
Vegas Nation: Week Two Of OTA's
Vegas Nation host Bryan Salmond and Raiders beat writer Michael Gehlken go over the start of week two of the Raiders OTA's.
Vegas Nation: NFL Owners Meeting Day 2
Vegas Nation host Bryan Salmond and Review-Journal sports writer Gilbert Manzano go over the NFL owners meeting.
Las Vegas Stadium construction site drone footage
The Raiders set up a drone at the Las Vegas Stadium construction site on May 20, 2018.
Las Vegas Stadium Milestones
Las Vegas Stadium Milestones as of May 16, 2018.
Vegas Nation: NFL Owners Meeting Day 1
Vegas Nation host Bryan Salmond and Review-Journal sports writer Gilbert Manzano go over the NFL owners meeting.
Vegas Nation: Raiders Participate In First Day Of Practice
Vegas Nation host Bryan Salmond and Raiders beat writer Michael Gehlken go over the Raiders first day of practice.
Vegas Nation: Raiders Minicamp
Raiders beat writer Michael Gehlken goes over the Raiders minicamp and questions surrounding the Raiders picking defensive lineman Maurice Hurst from Michigan.
P.J. Hall, Maurice Hurst and Jon Gruden Talk About Mini Camp
P.J. Hall, Maurice Hurst and Jon Gruden go over the Raiders Mini camp.
Reggie McKenzie On Final Day Of NFL Draft
Raiders general manager Reggie McKenzie talks about the Raiders final draft picks.
Vegas Nation: Raiders Final Draft Picks
Vegas Nation host Bryan Salmond, Raiders beat writer Michael Gehlken and Review-Journal reporter Gilbert Manzano go over the last day of the draft pick for the Raiders.
Gruden On Day Two Of Nfl Draft Picks
Raiders head coach Jon Gruden discusses the teams second day draft picks.
Raiders trade again, draft DT P.J. Hall and OT Brandon Parker
Raiders trade again and draft DT P.J. Hall and OT Brandon Parker. The team moved back again Friday, this time exchanging the No. 41 overall pick for the No. 57 selection. It then selected former Sam Houston State defensive tackle P.J. Hall. The Raiders parted with No. 75, trading up 10 spots to select former North Carolina A&T offensive tackle Brandon Parker.
Gruden On Bryant Joining Raiders, Bryant On What He Has Left To Prove
Raiders head coach Jon Gruden talks about what Bryant will bring to the Raiders and Bryant talks about what he has left to prove.
Gruden, Miller On First Round Pick
Raiders head coach Jon Gruden and first round pick Kolton Miller talk about the NFL draft first round pick for the Raiders.
Las Vegas Raiders Stadium can help economic boom, expert says
Study after study has concluded that stadiums aren’t effective economic development drivers. But a leading urban growth researcher says Orlando and Las Vegas are exceptions because of the strength of their regions’ tourism economies. The Raiders are building a 65,000-seat, $1.8 billion indoor stadium at Interstate 15 and Russell Road using $750 million of public money authorized by the Nevada Legislature. Las Vegas has a leg up on many cities, because it has an airport at which business people can catch a nonstop flight to virtually any domestic destination. Panelist Cathy Tull, chief marketing officer of the Las Vegas Convention and Visitors Authority, said the presence of out-of-town media for playoff games featuring the Vegas Golden Knights has given the city media mentions that money can’t buy. Another issue receiving the panel’s attention is the need for mass transit with all the teams, venues and anticipated visitation they will generate. Panelists also discussed the prospect of attracting big events like the Super Bowl, the NFL draft and NCAA tournaments.
Reggie Mckenzie On Raiders First Draft Pick
Raiders general manager Reggie Mckenzie on Raiders first draft pick.
Vegas Nation: First Round NFL Draft Pick
Vegas Nation host Bryan Salmond, Review-Journal writer Gilbert Manzano and Raiders beat writer Michael Gelhken go over the first round of the NFL draft picks and the Raiders choices.
Vegas Nation: NFL Draft preview
Bryan Salmond and Michael Gehlken breakdown the Raiders offseason moves as well as what they could be looking at in the upcoming NFL Draft.
Vegas Nation: Wide Receiver
Vegas Nation video host Bryan Salmond and Raiders beat writer Michael Gehlken look at the wide receiver position for the upcoming NFL Draft.
Vegas Nation: Raiders secondary
Vegas Nation video host Bryan Salmond and Raiders beat writer Michael Gehlken look at the Raiders secondary for the upcoming NFL Draft.
Vegas Nation: Running Back position
Vegas Nation video host Bryan Salmond and Raiders beat writer Michael Gehlken look at the running back position for the upcoming NFL Draft.
Vegas Nation: Join Vegas Nation for NFL Draft updates
Vegas Nation video host Bryan Salmond and Raiders beat writer Michael Gehlken will provide updates about everything surrounding this year's NFL Draft.
Vegas Nation: NFL Draft: Defensive Line
Vegas Nation video host Bryan Salmond and Raiders beat writer Michael Gehlken discuss the defensive line and what can happen in the 2018 NFL Draft.
David Humm's life celebrated at South Point
Raiders owner Mark Davis, former Nebraska coach Tom Osborne were among those who paid tribute to David Humm during a ceremony at South Point Arena in Las Vegas on April 6, 2018. (Ron Kantowski/Las Vegas Review Journal)
Vegas Nation Stadium Show
Ed Graney, Rick Velotta and Raiders beat writer Michael Gehlken go over the progress on the Vegas Stadium and how it will affect some of the players and staff.
Business
President Trump’s tariffs could raise costs for real estate developers, analysts say
President Donald Trump made his fortune in real estate, but by slapping tariffs on imports from close allies, developers in Las Vegas and other cities could get hit hard.
Las Vegas business and tariffs
Barry Yost, co-owner of Precision Tube Laser, LLC, places a metal pipe into the TruLaser Tube 5000 laser cutting machine on Wednesday, June 20, 2018, in Las Vegas. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Nevada Film Office Connects Businesses To Producers
The director of the Nevada Film Office discusses its revamped locations database and how it will affect local businesses. (Bailey Schulz/Las Vegas Review-Journal)
Opendoor isn't the typical house flipping company
Unlike most house flippers, the company aims to make money from transaction costs rather than from selling homes for more than their purchase price.
The Venetian gondoliers sing Italian songs
Gondolier Marciano sings a the classic Italian song "Volare" as he leads guests through the canals of The Venetian in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal)
Building In Logandale
Texas homebuilder D.R. Horton bought 43 lots in rural Logandale. (Eli Segall/Las Vegas Review-Journal)
Indoor farming in Southern Nevada
Experts discuss Nevada's indoor farming industry. (Bailey Schulz/Las Vegas Review-Journal)
Former Fontainebleau could have become a Waldorf Astoria
Months after developer Steve Witkoff bought the Fontainebleau last summer, he unveiled plans to turn the mothballed hotel into a Marriott-managed resort called The Drew. But if Richard “Boz” Bosworth’s plans didn’t fall through, the north Las Vegas Strip tower could have become a Waldorf Astoria with several floors of timeshare units. (Eli Segall/Las Vegas Review-Journal)
LVCVA CEO Rossi Ralenkotter announces plans to retire
Rossi Ralenkotter, CEO of the LVCVA, on Tuesday confirmed a Las Vegas Review-Journal report that he is preparing to retire. Richard N. Velotta/ Las Vegas Review-Journal
Cousins Maine Lobster to open inside 2 Las Vegas Smith’s stores
Cousins Maine Lobster food truck company will open inside Las Vegas’ two newest Smith’s at Skye Canyon Park Drive and U.S. Highway 95, and at Warm Springs Road and Durango Drive. Cousins currently sells outside some Las Vegas Smith’s stores and at Fremont Street and Las Vegas Boulevard. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas home prices to continue to rise, expert says
Lawrence Yun, chief economist at the National Association of Realtors, gives homebuyers a pulse on the Las Vegas housing market. (Eli Segall/Las Vegas Review-Journal)
NV Energy announces clean energy investment
The company is planning to add six solar projects in Nevada, along with the state's first major battery energy storage capacity. Bailey Schulz/Las Vegas Review-Journal
3 Mario Batali restaurants on Las Vegas Strip to close
Days after new sexual misconduct allegations were made against celebrity chef Mario Batali, his company announced Friday that it will close its three Las Vegas restaurants July 27. Employees of Carnevino Italian Steakhouse, B&B Ristorante and Otto Enoteca e Pizzeria, all located in The Venetian and Palazzo resorts, were informed of the decision Friday morning. Bastianich is scheduled to visit the restaurants Friday to speak to employees about the next two months of operation as well as how the company plans to help them transition to new positions.
Nevada has its first cybersecurity apprenticeship program
The Learning Center education company in Las Vegas has launched the first apprenticeship program for cybersecurity in Nevada. It was approved by the State Apprenticeship Council on May 15. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas union members voting to authorize the right to strike
Thousands of Las Vegas union members voting Tuesday morning to authorize the right to strike. A “yes” vote would give the union negotiating committee the power to call a strike anytime after June 1 at the resorts that fail to reach an agreement. (Todd Prince/Las Vegas Review-Journal)
Small businesses struggle to find qualified candidates
A 2018 survey found that over two-thirds of small businesses in Nevada find it somewhat to very difficult to recruit qualified candidates. Bailey Schulz/Las Vegas Review-Journal
Nevada secretary of state website offers little protection against fraudulent business filings
Property developer Andy Pham tells how control of his business was easily seized by another person using the secretary of state website.
Caesars may be going solo in its marijuana policy
Several Southern Nevada casino companies aren’t following Caesars Entertainment’s lead on marijuana testing.
How much is the Lucky Dragon worth?
Less than a year-and-a-half after it opened, the Lucky Dragon was in bankruptcy.
Gyms and discount stores take over empty retail spaces
Grocery stores used to draw people to shopping centers. But many large retail spaces have been vacant since 2008. Discount stores like goodwill and gyms like EOS Fitness are filling those empty spaces, and helping to draw shoppers back in. K.M. Cannon/Las Vegas Review-Journal
Funding source of Las Vegas stadium for the Raiders is sound, expert says
The stadium is funded in part by $750 million of room taxes, the biggest such tax subsidy ever for a professional sports stadium. Robert Lang, executive director of Brookings Mountain West and The Lincy Institute at UNLV, says that is a good use of public funds. (Richard Velotta/Las Vegas Review-Journal)
Las Vegas needs light rail, expert says
Robert Lang, executive director of Brookings Mountain West and the Lincy Institute said he is afraid of a "congestion mobility crisis." Las Vegas needs a light rail system, he said, to accommodate the city's growing number of attractions. (Richard Velotta/Las Vegas Review-Journal)
Three takeaways from Wynn Resorts' Earnings Call
Matt Maddox came out swinging in his first earnings conference call as Wynn Resorts chief executive officer, boasting of record Las Vegas quarterly revenues and applicants lining up for work.
Star Wars VR Comes to Las Vegas
Sneak peak at the new "Star Wars: Secrets of the Empire" VR experience at the Grand Canal Shoppes.
Elaine Wynn continues her fight to change Wynn Resorts board
Elaine Wynn, the largest shareholder of Wynn Resorts Ltd., is seeking to kick a friend of her ex-husband Steve Wynn off the company’s board of directors. (Todd Prince/Las Vegas Review-Journal)
Zillow is getting into house flipping in Las Vegas
Las Vegas Review-Journal real estate reporter Eli Segall says flipping houses has waned in popularity after the housing bubble burst.
Ellis Island Buys Mt. Charleston Lodge
Ellis Island, which operates a casino, brewery and hotel just off the Strip, purchased the Mt. Charleston Lodge in early April.
Casinos to be penalized for allowing drug-impaired customers to gamble
Nevada Gaming Commission Chairman Tony Alamo talks about an amendment making casinos subject to the same disciplinary standards of preventing people to gamble if impaired by drugs as they are for letting them play while intoxicated by alcohol.
Terrible Herbst to open large travel center in Southern Nevada
The 50,000-square-foot commercial travel center will include 96 fuel pumps and the third White Castle restaurant in Southern Nevada. Wade Tyler Millward reports.
Art Bell’s Top 10 Shows
A selection of radio host Art Bell’s most popular shows.
TOP NEWS
News Headlines
Home Front Page Footer Listing
Circular
You May Like

You May Like