Las Vegas suburb OKs offering land to Raiders for facility - FOX5 Vegas - KVVU

Las Vegas suburb OKs offering land to Raiders for facility

Posted: Updated:
The location for the Raiders practice facility in Henderson is shown in this image on Jan. 3, 2018. (Dylan Kendrick/FOX5) The location for the Raiders practice facility in Henderson is shown in this image on Jan. 3, 2018. (Dylan Kendrick/FOX5)
HENDERSON, NV (AP) -

The Oakland Raiders are one step closer to securing the land for their new headquarters and practice facility at a steep discount.

Officials in the Las Vegas suburb of Henderson on Tuesday approved a resolution that allows the city to move forward with a direct sale of 55 acres for more than $6 million. That's half the land's appraised value.

The city is using a Nevada law that allows for no-bid sales at under-market prices when they are considered to be in the public interest.

The team says the venue will create an estimated 250 full-time jobs not counting players.

The Henderson city council must vote again next month to give final approval to the offer.

The Raiders plan to start the 2020 season at a new stadium in Las Vegas that's being partially funded by a tax increase.

Copyright 2018 Associated Press. All rights reserved. 

Powered by Frankly
Fox 5
Powered by WorldNow CNN
All content © 2018, KVVU Broadcasting Corporation, Las Vegas, NV and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.