Questions raised by two Clark County commissioners about aproposed NFL stadium prevented the body from taking a stance Tuesday on the $1.9 billion project.
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The Southern Nevada Tourism Infrastructure Committee unanimously agreed to recommend financing for a proposed $1.9 billion domed stadium, and perhaps the most surprising moment of the proceedings was which member motioned to approve a public investment of $750 million.
It’s just the beginning, Mark Davis cautioned, but the Oakland Raiders owner on Thursday expressed more optimism about someday seeing the finish line.
The developers of a proposed $1.9 billion domed stadium on Thursday got their preferred funding option that requires a $750 million public investment.
Clark County commissioners will receive a report on the work of the Southern Nevada Tourism Infrastructure Committee and a proposed 65,000-seat domed football stadium at their Tuesday meeting.
A point of contention between the stadium’s developers and the Southern Nevada Tourism Infrastructure Committee has been a proposed 39 percent cap on public funding of the $1.9 billion dome.
Gov. Brian Sandoval on Monday called for clarity in determining traffic congestion and costs to build improved road infrastructure for a proposed 65,000-seat domed football stadium.
The Southern Nevada Tourism Infrastructure Committee has posted four draft recommendations for its final report to Gov. Brian Sandoval, but the most prominent one — on proposed stadium financing — is “pending” and likely will be the meat of the committee’s Thursday afternoon’s meeting at UNLV.
U.S. Sen. Harry Reid voiced support Tuesday for a proposed domed football stadium that could bring the NFL’s Oakland Raiders to Las Vegas, but he deferred to local and state officials when asked about the project’s financing.
Las Vegas Sands Chairman and CEO Sheldon Adelson on Monday challenged MGM Resorts International Chairman and CEO Jim Murren’s support of a proposed $1.4 billion upgrade of the Las Vegas Convention Center, calling a new stadium backed by Sands a higher priority for Southern Nevada’s tourism economy.