LVfan
Member
Some falsely say the public is paying for John Fisher's stadium. The opposite is true. Fisher is providing more than $1B to fund a stadium that will be owned by the Las Vegas Stadium Authority (LVSA).
https://thenevadaindependent.com/ar...ing-for-as-stadium-approves-the-1-75b-project
The piece that drew the most attention was a letter from Fisher, outlining that he and his family would contribute the $1.1 billion figure.
Earlier this week, the Stadium Authority, which is responsible for the ownership and oversight of Allegiant Stadium and the A’s ballpark, posted several documents on its website outlining how the stadium would be funded along with three lengthy documents — a lease agreement for the stadium, a non-relocation agreement and a stadium development agreement — that needed to be in place before construction begins next year. A community benefits agreement was approved last summer.
https://thenevadaindependent.com/ar...ing-for-as-stadium-approves-the-1-75b-project