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Mesquite council approves new redevelopment agency to boost downtown and southside revitalization
Summary
The council adopted Resolution R25-004 on Feb. 11 to create a new redevelopment project area south of I-15; a University of Nevada consultant presented findings citing statutory "blight" factors and recommended tax-increment finance as the primary funding source.
Mesquite City Council on Feb. 11 approved Resolution R25-004 to create a new redevelopment agency and project area covering parts of the city south of Interstate 15. The measure passed after a presentation by Fred Steinman, director of the University Center for Economic Development at the University of Nevada, Reno, who summarized a year-long study and the plan's required elements.
Steinman said the analysis found several conditions defined in Nevada Revised Statutes Chapter 279 that justify a redevelopment district, including a concentration of underutilized…
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