Article 6BYBV Bill would see Nevada pay $380m for Athetics’ stadium on Vegas strip

Bill would see Nevada pay $380m for Athetics’ stadium on Vegas strip

by
Associated Press
from US news | The Guardian on (#6BYBV)
  • Legislation sets $380m price from Nevada to build A's stadium
  • Public funding t come from state tax credits and county bonds

A bill introduced late Friday in the Nevada Legislature would give the Oakland Athletics up to $380m for a potential 30,000 seat, $1.5bn retractable roof stadium on the Las Vegas Strip.

The bulk of the public funding would come from $180m in transferable tax credits from the state and $120m in county bonds, which can vary based on interest rate returns. Clark County also would contribute $25m in credit toward infrastructure costs.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/us-news/rss
Feed Title US news | The Guardian
Feed Link https://www.theguardian.com/us-news
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments