More details about a key provision in the deal to fund an NFL stadium in Las Vegas was released Thursday. The Las Vegas Sands Corp announced the details of a new workforce development program that's being created.
The program was a key amendment to the bill on the second day of the special session. It seems to have gotten votes from the top two Democrats in the Nevada State Senate. The votes essentially locked in the support needed to pass SB-1, the stadium, and convention center bill, by a required two-thirds majority.
State Senate minority leader Aaron Ford, along with assistant minority leader Kelvin Atkinson, joined members of the Las Vegas Sands Corp for the announcement. The program will ensure that underrepresented people will get equal opportunities for jobs that both build and run the stadium.
Local businesses run by underrepresented groups such as minorities, women, the LGBTQ community and veterans, will also receive preferential opportunities to contract with stadium developers and operator once it's built.
Ford says these assurances are necessary because of the significant public investment: $750 million in new room taxes will go toward building the stadium.
"With an investment of this type into a public stadium, we need to have great public benefits, said Nevada State Senator Aaron Ford, D-Clark County. "The community benefits agreement is going to provide opportunities for Nevadans first, and particularly the most hit communities in our community."
The agreement also creates workforce development and training programs. Nevada residents who have been in the state at least two years will be able to take part in vocational training and paid internships related to all phases of the stadium.
At least 50 percent of the workforce in the construction and operation of the stadium will be residents, but there's a goal to reach 75 percent.
There will also be an oversight board made up of members of the various chambers of commerce and communities to keep tabs on the execution of the agreement. By law, it has the authority to enforce the agreement's terms which means they can sue the developer, which is Las Vegas Sands Corp or the eventual stadium operator if the terms aren't being met.
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