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Sep 06, 2018

Las Vegas City Council met on Wednesday, Sept. 5. Get the agenda here and watch the recap.

Agenda Item 12 Funding $150,000 for the 2019 Helldorado Parade: On July 30, the Commission for the Las Vegas Centennial (LVCC) approved a fund request in the amount of $150,000 for the production expenses related to the 2019 Helldorado Parade; however, any funding over $100,000 must have City Council approval. Today, City Council approved it.

Since 2005, more than $21 million has been given to projects like the Helldorado Parade and RodeoHistoric Westside SchoolNeon MuseumLas Vegas Academy, Mob Museum and restoration of vintage neon signs through Centennial Grants. These grants from the LVCC are intended to encourage preservation at the local level by providing funding to facilitate the education, commemoration, preservation and enhancement of historic resources in Las Vegas.Click here to learn more.

Agenda Item 55 Symphony Park Pedestrian Bridge: City Council approved to allow city staff to negotiate and purchase property rights for a new pedestrian bridge over the Union Pacific Railroad. The project will include the design and construction of a new bridge with associated pedestrian improvements connecting Symphony Park to the downtown area.

Agenda Item 56 $357,603 Grant for ReInvent Schools Las Vegas AmeriCorps Program: The city received a grant from Nevada Volunteers in the amount of $357,603 for 48 AmeriCorps members that will support ReInvent Schools Las Vegas. The ReInvent Schools Las Vegas AmeriCorps Program will have 48 HT AmeriCorps members provide attendance and literacy interventions in 12 elementary schools and 1 middle school designated as one- and two star in Las Vegas. The Nevada Volunteers investment of $357,603 will be matched with RDA Education Set-Aside funding in the amount of $149,641 which is a 30% match. . The one-year period of time is from September 1, 2018 up to and including August 31, 2019.

Agenda Item 58 $40 Million for New Municipal Courthouse: City Council approved to allow the city to request approval from the Clark County Debt Management Commission to issue general obligation bonds not to exceed $40,000,000, which will be used to construct a new Municipal Courthouse. The bonds will be repaid from Municipal Court revenues and other revenues legally available to the city.

Agenda Item 60 World Market Center Exposition, Tradeshow, Event and Convention Center Owner Participation Agreement : Since City Council approved, the city’s Redevelopment Agency will enter into an Owner Participation Agreement with WMCV for the development of an exposition, tradeshow, event and convention center located at 475 South Grand Central Parkway. This project, located in front of and attached to the World Market Center (WMC) parking structure, will expand the existing WMC campus and provide new meeting room space for additional downtown Las Vegas conventions. It is required to be not less than 300,000 gross square feet, comprised of expo/convention space, and meeting space and support functions. WMC will provide funding for estimated construction costs of $76,000,000 (not including land value of $17,000,000), with the RDA reimbursing a portion of those costs through the Tax Increment Financing incentive.