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Centennial Commission delays vote on reimbursement increase for operating agreement to May 12

2778974 · March 25, 2025
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Summary

The commission voted to continue consideration of a first amendment to the operating agreement that would raise the city reimbursement from $180,000 to $300,000 until the May 12 meeting so the absent director can present.

The Commission for the Las Vegas Centennial on March 24 approved a motion to defer action on agenda item 624-0599-CLC1, which proposed increasing the annual reimbursement from $180,000 to $300,000 to the City of Las Vegas for administrative services and authorizing a president-signed amendment to the first amended and restated operating agreement.

Madam Mayor Seabren recommended postponing the item because Director Floyd was out of state and could not present details. The city attorney advised that a formal motion to continue to a specific date was required. A commissioner moved to carry the item to the May 12 agenda and the commission voted "Aye;" the motion passed.

The action postponed consideration of the reimbursement increase rather than adopting any changes to the operating agreement. No substantive discussion or supporting financial detail was recorded on the record; staff indicated Director Floyd will report in person at the May 12 meeting.