"Oakland A's stadium move to Las Vegas faces public financing concerns"

1 min read
Source: The Nevada Independent
"Oakland A's stadium move to Las Vegas faces public financing concerns"
Photo: The Nevada Independent
TL;DR Summary

Clark County officials are concerned that taxpayers could be responsible for covering debt payments for the county's part of the $395 million in public money that the Oakland A's are seeking to build a $1.5 billion baseball stadium in Las Vegas. The county is worried that under a worst-case scenario, county property taxes would have to be increased to help fund the debt covering the bonds if the stadium wasn't generating enough revenue or if there weren't enough funds in the reserve account. The A's have proposed building the stadium on a 9-acre site on the Strip near the Tropicana Las Vegas.

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