AARON MAYES / Las Vegas Sun / Sun File Photo
Wednesday, Jan. 3, 2018 | 1:10 p.m.
At a cocktail enlightenment origin, Bali Hai translates roughly to a visionary ideal island seen by many as off limits.
That’s flattering most what Bali Hai is to a Raiders and their track parking needs, as well: ideal though inaccessible. Despite a underbrush of complicating factors, a group is negotiating with member of Bali Hai Golf Club lessee Billy Walters to take over his franchise with Clark County so it can spin a site into a parking and tailgating hub.
“I don’t know if it’s a disdainful option. It’s clearly a good option. we consider it’s been a good choice all along. With a vicinity to a track site, it would be an ideal site,” Clark County Commissioner Steve Sisolak pronounced today. “It’s a formidable emanate since of a BLM exchange and Mr. Walters’ lease. We’ve got a lot of relocating tools in that one.”
Acting as a Zoning Board, a County Commission unanimously authorized a Raiders track growth agreement today. Within that document, a group agrees to $1.3 million in glow and reserve upgrades for a track area requested by a county for a 65,000-seat stadium, that is approaching to be prepared by Jul 2020.
Missing from a agreement is a finalized devise to emanate scarcely 14,000 parking spaces compulsory by county formula that a team’s 62-acre track site can't accommodate. The Raiders have until Sep to benefaction a county with a devise that includes acquired or leased land usually dedicated to track parking on eventuality days.
Long seen as a Raiders’ ideal resolution to a parking-poor track tract they purchased opposite Interstate 15, Bali Hai could accommodate 13,000 of those indispensable spaces if converted. A Raiders investigate from Jul records that a runway insurance section for McCarran International Airport allows usually 90 of a site’s 155 acres to be used for parking.
The primary emanate negligence negotiations is a tentative sovereign lawsuit opposite a county that final $75 million in past and destiny underpaid franchise on a Bali Hai land. Clark County performed a land from a Bureau of Land Management in 1998 and leased a apportionment to Walters in a understanding seen by many as auspicious to a developer.
Under a terms of a 100-year agreement, Walters paid no franchise for years since a march did not spin a distinction before a array of amendments led to a $100,000 annual payment. The BLM contends a satisfactory marketplace value of a land distant exceeds a franchise collected so distant and per a destiny report with Walters.
“Bali Hai was one that never generated any income for anybody. Golf took a tailspin and it only didn’t spin a income that was hoped for,” Sisolak said.
Sisolak pronounced a county continues to plead a conditions with a BLM and a Department of Justice. Until a sides determine on how most franchise is owed, parameters of a understanding for a Raiders to assume Walters’ franchise would be formidable to achieve.
“It’s only infrequently a BLM is not utterly as acceptable as some other partners competence be, though we’re operative on it,” Sisolak said. “That’s some-more of a county-BLM emanate than it is a Raiders-Walters issue.”
The other vital cause is Walters himself. Sentenced final year to 5 years in jail for his purpose in an insider trade arrangement, Walters contingency leave a negotiations to his member around his company, The Walters Group. According to Sisolak, a county wants to solve a authorised conditions with a sovereign supervision to concede a Raiders to obtain a Bali Hai site.
“They’re operative diligently on a parking, and I’ve been in a lot of those meetings,” Sisolak said. “It’s a lot some-more formidable than some people understand, since you’ve got a BLM and a Department of Justice concerned with a county as it relates to a lawsuit. It’s going to take some time, though we’re operative on it.”
Raiders track consultant Don Webb declined an talk ask following today’s meeting.