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.
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