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September 12, 2017 | Las Vegas Review-Journal | Richard N. Velotta
The Las Vegas Stadium Authority will consider extending the time to write a development agreement with the Oakland Raiders to build its 65,000-seat domed football stadium in Southern Nevada when it meets Thursday. The extension, which isn’t expected to delay the start of construction on the $1.9 billion project, puts the Raiders on the hook for paying for preliminary site work if the stadium deal stumbles. A document to be introduced Thursday — called an “Enabling Work Memorandum of Understanding” — would move the deadline to complete the development agreement to February from Oct. 17. The original stadium legislation, approved by the Nevada Legislature in a special session in October 2016, contemplated the possibility of a need for additional time and included the option of a six-month extension, which would enable an extension to April.View Article Newsroom