HENDERSON, Nev. (AP) — The City Council in Henderson, Nevada, is scheduled Tuesday to consider offering land at a discounted price to the Oakland Raiders for a new headquarters and practice site when the NFL team makes its expected move to Las Vegas.
A resolution for the sale of 55 acres (22 hectares) of vacant land near the Henderson Executive Airport puts the sales price at $6 million, half of the $12 appraised value.
If the council votes Tuesday in favor of the sale, a second vote for final approval would be conducted in February.
The Raiders’ stadium broke ground in November. The $1.9 billion, 65,000-seat domed stadium is scheduled to open in July 2020.
Nevada law allows cities to public property to be sold for economic development at discounted rates.