Developer Floyd Kephart’s first crack at coming up with a plan to finance a new football stadium in Oakland fell flat. So Kephart is trying again.
Via Matthew Artz of the Bay Area News Group, Kephart has submitted a revised proposal that, if accepted by the Raiders (or the A’s) would result in the construction of a new venue in Oakland.
The confidential proposal, the terms of which are destined to be leaked sooner than later, comes at a time when Oakland has increased efforts to work out a deal to keep the Raiders in town.