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.
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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 City Council will consider a proposed deal set to offer a vacant 55-acre parcel to the National Football League team for $6.05 million, just over half of the appraised value of $12 million.
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.
Marshawn Lynch sat for the U.S. anthem on Sunday and rose for the Mexico one. On Monday, President Donald Trump scolded him for it.
President Donald Trump on Saturday night stoked the controversy over his call for punitive action against NFL players who take a knee or otherwise protest during the national anthem, tweeting anew that they should remain standing out of respect for the nation and its flag.