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As Stadium

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sports2 years ago

Nevada Senate clears path for A's stadium funding in Las Vegas.

The Nevada Senate has passed the A's stadium bill, which could approve up to $380 million in public dollars to help construct a new Major League Baseball stadium on the Las Vegas Strip. The bill includes up to $180 million in transferable tax credits from the state and a projected $120 million in county bonds, which would be repaid over 30 years by the tax revenues generated by the stadium. The bill now goes to the Assembly for consideration.

via The Nevada Independent|
#as-stadium#las-vegas-strip#major-league-baseball
sports2 years ago

Nevada lawmakers consider amended bill for Oakland A's stadium location and community investment.

Two amendments to the A's stadium bill have been proposed, which would restrict the stadium's location to the Tropicana Las Vegas site, expand the scope of the team's community benefits agreement, speed up the distribution of certain excess revenue into a homelessness prevention fund, and revive two bills vetoed earlier this month by Gov. Joe Lombardo. The amendments could potentially open a path forward for the stadium bill for skeptical lawmakers who had criticized the measure. The bill proposes up to $380 million in public financing for the stadium.

via The Nevada Independent|
#as-stadium#community-benefits-agreement#las-vegas