Stadium Authority to tackle key stadium agreements Thursday

Stadium authority to tackle key stadium agreements Thursday

These will be the legal building blocks that will make the stadium move forward.

“The meeting on the first is an important meeting for moving this work,” Steve Hill, the Chairman of the Las Vegas Stadium Authority told me Tuesday.

It won't be a quick meeting, but it will be an important one, months in the making.

What the stadium board will sign off on, as expected are the documents that spell out the obligations of the county, the Raiders and UNLV, because the rebels will call this home too.

Highlights of the 30-item agenda include non-relocation agreements, lease agreements, stadium development agreements and all the legal foundations that underpin the now marriage between Clark County, the NFL's Raiders and UNLV.

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The stadium authority wants to approve the documents in order to get them to the NFL, which holds its annual owners meeting next month in Orlando.

Back at the site, work is progressing.

Hundreds of workers are on-site, excavating dirt, hauling it away, redirecting an old flood-control channel, and scooping out the soil to create a footprint for the nearly two billion dollar stadium.

Foundations get poured beginning of next month.

The Raiders still face a parking puzzle, their stadium doesn't have room for everyone. Will the team tell us where they plan to put those cars?

“You're not going to have specific sites on Thursday,” says Clark County Commissioner Steve Sisolak, responding to my question on whether the team will make some parking news on Thursday.

He tells me why the Raiders are keeping their parking search so quiet, neighbors are smelling money.

“And if they think that the Raiders need a specific parcel, the price is going up,” Sisolak tells me.

“You know, the County has given them until September to come up with a plan,” says the authority’s Hill. “I think it will take that long or close to that long for them to do so.”

Not everyone in the neighborhood wants to cash in.

“We have about 60 tenants here,” says Steve Levesque, the “Mayor” of Hot Rod City on Dean Martin, blocks down from the new stadium.

It’s a strip mall featuring mostly automotive-related businesses, including Levesque’s Hollywood cars museum.

Levesque says the owner has no plans for a quick raiders buck.

“He has no plans of doing anything maybe five to seven years from now. Nothing soon,” he says.

So, those cars will stay, while this stadium gets built. It’s supposed to be finished in 2020, in time for the Las Vegas Raiders’ new NFL season.

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