Republican Nevada Gov. Joe Lombardo announced Wednesday a tentative agreement with the Oakland Athletics and legislative leaders for a stadium funding plan...
CARSON CITY, Nev. — Republican Nevada Gov. Joe Lombardo announced Wednesday a tentative agreement with the Oakland Athletics and legislative leaders for a stadium funding plan after weeks of negotiations over how much the state will contribute to a $1.5 billion Las Vegas ballpark.
The tentative agreement outlined in a joint statement indicates a funding bill will be introduced in the Nevada Legislature in the coming days, giving lawmakers less than two weeks to consider it before the session ends. The statement Wednesday didn’t specify an amount for public assistance, though Nevada State Treasurer Zach Conine said the private-public partnership would minimize risk to Nevada taxpayers. Public assistance would cover less than 25% of the total stadium cost, according to the release.
“No commitment will be made until we have both evaluated the official proposal and received input from interested parties, including impacted community members,” Yeager said in a statement.
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