Friday, October 27, 2023

Steven Hill's Las Vegas Stadium Authority Gives Oakland Coliseum JPA Masterclass In Organization - ATLNews


Steven Hill's Las Vegas Stadium Authority Gives Oakland Coliseum JPA Masterclass In Organization The Wednesday October 25th meeting of the Las Vegas Stadium Authority was one Oakland A's Fans should have watched if only to see how a plan to approve and finance a stadium in a public / private partnership comes together. The lesson is one that the Howard Terminal staffers (some of whom are gone like the project manager) could learn from. And the Oakland Coliseum JPA too. The Oakland Coliseum JPA is not set up to be a Stadium Authority from the standpoint of creating agreements or a construction review process. But a public financing authority of the one called for in the case of an expanded Oakland Coliseum JPA would have staff with that capability. The Las Vegas Stadium Authority set course to do the following; 1) Approve the lease agreement. 2) Alter the Las Vegas Stadium Authority to accomodate the Oakland A's Ballpark 3) Approve the agreements with lawyers and consultants to do 1 and 2 and other related agreements. 4) Serve as a monitor of the project from start to groundbreaking, to opening. They've done this before. The Las Vegas Stadium Authority was created for the construction of Allegiant Stadium. The people hired to do the process the first time were simply rehired the second time. Contrary to new observers, these are not lawyers doing a job any attorney can do. They have to have experience working as the go-between for municipalities and the public and the legal system. It's not easy. The near $1 million is money well spent. More explained in the livestream. Stay tuned.
via YouTube https://www.youtube.com/watch?v=xfCaI-LgXNA

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