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Henderson approves land offering for Raiders HQ Facility

The Oakland Raiders are one step closer to securing the land for their new headquarters and practice facility near Las Vegas at a steep discount.

Officials in suburban 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 — 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.

Henderson officials said the city will benefit from property taxes collected on the land and additional spending from visitors and team clients. City staff said similar projects have created an estimated $210 million tax impact over a decade after the venues are fully built.

Read the full story on ESPN.com here.

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