Washoe County Commissioners last week approved issuance of revenue bonds to fund design of the proposed AAA baseball stadium in Sparks.
The bonds will be secured by the proceeds of a 2 percent short-term car rental fee that is expected to raise $1 million a year.
The sale of bonds will bring in $2.6 million for the design.
Commissioners also awarded the architectural design services contract to HOK Architects, Inc.
Initial design is expected to be $1.2 million, which will be used to determine financial feasibility of the project.
The initial design phase is expected to be completed by August.
The target cost to build the stadium is set at $24.5 million, but the final cost estimate will not be available until the preliminary design work is completed.
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