HENDERSON, Nev. (AP) - The Oakland Raiders are one step closer to securing the land for their new headquarters and practice facility at a steep discount.
Officials in the Las Vegas suburb of Henderson on Tuesday approved a resolution that allows the city to move forward with a direct sale of 55 acres for more than $6 million. That's half the land's appraised value.
The city is using a Nevada law that allows for no-bid sales at under-market prices when they are considered to be in the public interest.
The team says the venue will create an estimated 250 full-time jobs not counting players.
The Henderson city council must vote again next month to give final approval to the offer.
The Raiders plan to start the 2020 season at a new stadium in Las Vegas that's being partially funded by a tax increase.
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