PITTSBURGH — The Pittsburgh Penguins have reached agreement with the city on a plan to redevelop the site of the now-demolished Civic Arena, the team's former home.

The hockey club owns the development rights to the 28-acre site.

The Penguins will get another 13 months to begin work on a mixed-use development including retail, commercial and residential space. The deal provides for affordable housing and minority participation on the arena site as well as neighborhood reinvestment.

A financing plan requires that most of the new tax revenue generated by the development will go into a fund controlled by the Pittsburgh Urban Redevelopment Authority for improvements to the Hill and Uptown neighborhoods.

The financing plan requires approval from City Council, the Pittsburgh school board and Allegheny County Council.

WYOMISSING, Pa. — A southeastern Pennsylvania shopping complex widely considered to be the nation's first outlet center is being sold.The VF Outlet is selling its 51-acre property in Wyomissing.The company says it's entered into an agreement of sale with Atapco Properties, a Baltimore-based commercial real estate development company.VF Outlet Vice President Rick Ott says Atapco will spend the next few months assessing investigating options for the property that could include a mix of retail, housing, offices or other uses.

RENO, Nev. — Gov. Brian Sandoval has ordered the Nevada Legislature into a special session to consider $1.3 billion in tax breaks and other incentives for electric carmaker Tesla Motors.Sandoval is urging lawmakers to seize on an “extraordinary opportunity” to seal the deal for Tesla's $5 billion battery factory and the tens of thousands of jobs he says will further recovery from the worst economic crisis in state history.

As U.S. sales of cars and trucks have grown this year, so has the late-payment rate on auto loans.The rate of U.S. auto-loan payments late by 60 days or more rose to 0.95 percent in the second quarter from 0.87 percent a year earlier, credit reporting agency TransUnion said Tuesday.The latest auto loan delinquency rate was down from 1 percent in the first three months of the year, however, and remains below the average for the April-June period going back to 2007, the firm said.The increase compared with the second quarter a year ago follows strong growth in auto sales, which has fueled a rise in auto lending, including to borrowers with less-than-perfect credit.