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Theyll need address before a vote. The Committee Members are set to gather here in three hours to begin looking at three key points that are holding up the deal. The biggest is whether there will be a 39 percent limit on the publics contribution to the 65,000 seat stadium. Developers say they will not agree to that. Saying they need 750 million in public funding from the increased room tax. Right now that makes up about 39 percent of the projected 1. 9 billion cost. For revenue sharing as part of that proposal as well. Another addition to the deal is a potential exemption for new or expanded ticket taxes for the stadium operator. And finally. The committee will consider a request from mayor Carolyn Goodman that the city of las vegas have a representative on the stadium authority. If they vote in favor of the governor. He would then have to decide if and when to call a spe ....
And he wont do it unless the Convention Authority expansion bill is part of the package. Id guess governor sandoval will take the temperature of lawmakers after tomorrows vote if there is one and then decide. Second, lawmakers would have to approve the bill, and my sources tell me democrats are not on board. They dont like adelson, a gop megadonor, and they dont like publicly financed stadiums. They also wont want to raise taxes right before an election. So this far from a done deal, even if there is a vote tomorrow. Even if the stadium proposal nevada. It still wont be across the goal line. The raiders still need approval from threefourths of the nfl team owners to relocate to las some influential owners have already expressed interest in las vegas as an nfl city. If the stadium deal is approved and the raiders back out. The current proposal calls for building a smaller stadium for the unlv football team. Information. And u ....