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NFL stadium talks continue as deadline looms

Posted at 5:51 PM, Jun 23, 2016
and last updated 2016-06-24 11:43:57-04
With just five weeks left until the deadline, a group considering an NFL stadium plan still has a lot of work to do.
The Southern Nevada Tourism Infrastructure Committee is still hasn’t decided on a potential site for the $1.45 billion stadium.
The committee is expected to make a recommendation to the Governor on the 65,000 seat stadium many hope will attract the Oakland Raiders.
Raiders owner Mark Davis has pledged $500 million toward the project.
Las Vegas Sands is the other major private partner on the project that was initially called for $750 million in public funding, largely through room taxes.
A new proposal put forward Thursday could reduce that public portion by $200 million dollars.
That proposal didn’t have much movement at the meeting because of concerns among some members that they did not have time to review the plan.
"My biggest concern is we are going to run out of time.  We've got 38 days left and we've got a lot left to accomplish," Clark County Commissioner Steve Sisolak said after the meeting.
With the deadline looming the committee is still considering several different sites for the stadium as well as a couple of funding proposals.
Sisolak, who is on the committee, is confident something can still get done.
 "The hope is that once the first piece falls, the others will fall quickly," Sisolak said.
The committee is set to meet again on July 11th.
Any plan recommended by the committee would need approval from state legislators and the governor.