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LV City Council Delays Soccer Stadium Vote

The Las Vegas City Council voted to extend today’s deadline for deciding on a proposed downtown soccer plan to December 17. The extension was approved 4-3, with council members Bob Beers, Stavros Anthony and Lois Tarkanian opposed. 

City staff will present revised financial terms to the council on the 17th.  If the council approves them, city staff and the development partnership of Cordish Cos. and Findlay Sports and Entertainment would have about two months to put together a development agreement.  The council rejected a previous financing plan in October, citing over-reliance on public funding.

If the council votes no, that would probably be the end.  If they vote yes, no stadium would be built unless Major League Soccer grants an expansion franchise to Las Vegas, a decision not expected until early 2015.

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