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A's clear last major hurdles for $1.75 billion Las Vegas stadium

Related Topics: Las Vegas, John Fisher

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LAS VEGAS -- The Las Vegas Stadium Authority approved lease, non-relocation and development documents Thursday to clear the last major hurdles for the Athletics to construct a $1.75 billion stadium on the Strip and bring Major League Baseball to the expanding sports market.

The lease and non-relocation agreements each cover 30 years.

"It's a really significant day in Las Vegas," Steve Hill, CEO and president of the Las Vegas Convention and Visitors Authority, said in his closing remarks. "Today's a real milestone. I think we should recognize that and celebrate that.