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City council delays discussion on soccer stadium until next month

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City council delays discussion on soccer stadium until next month

By Bryan Callahan. CREATED Sep 3, 2014 - UPDATED: Sep 3, 2014

Las Vegas, NV (KTNV) -- The Las Vegas City Council has tabled a discussion on whether to continue forward with plans for a downtown soccer stadium.

Wednesday's meeting lasted five hours until council members decided to hold off on the agreement.

The project will be discussed before the council again on Oct. 1. If it's approved, at that point it would still need a secondary approval that would require the support of five council members.

Some of the project's biggest supporters are Mayor Carolyn Goodman as well as Councilmen Ricki Barlow and Steve Ross.

Baltimore-based Cordish Companies and its local partner, Findlay Sports and Entertainment Group, are proposing a 24,000-seat, partially covered stadium that would cost $200 million.

The cost of acquiring a Major League Soccer franchise is estimated at $100 million.

The deal calls for the partnership to split the bill for the stadium with the city, which would take out bonds to pay for the venue.

Councilman Stavros Anthony was adamantly against the city committing $150 million of public funds, and he was joined in his dissent by Councilmen Bob Beers and Bob Coffin.

Councilwoman Lois Tarkanian, who was the swing vote on the proposed non-binding term sheet, said she could not support the deal without more time.

"I believe very strongly we must go out to the public and let them know what we are doing whether it is a small thing or a big thing."

If council members approve the plan in the future, the partnership plans to move forward with efforts to attract the soccer team.

City officials say the project won't proceed if Las Vegas doesn't secure a team.

Bryan Callahan

Bryan Callahan

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Bryan Callahan joined the Action News team as a general assignment reporter in August of 2013.