(Las Vegas, NV) — The Las Vegas City Council has approved bonds for a new parking facility in downtown. The much needed parking garage will be located west of the Smith Center for the Performing Arts, and the bond will be paid off through sales taxes in the tourism improvement district.
Critics claimed diverting taxes for the garage would hurt crucial county services. The Nevada Tourism Commission ruled last month that most of the sales taxes would be paid by visitors, not local residents.
The city council approved plans to float $25 million in bonds for the facility at Symphony Park, since the failure of the controversial soccer stadium.