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Redevelopment Agency approves $250,000 reimbursement to underground utility lines near City Hall
Summary
The City of Las Vegas Redevelopment Agency approved a $250,000 electrical utility incentive reimbursement to TUPR 2 LLC to underground aging overhead power lines at properties adjacent to the Plaza Hotel and City Hall. The applicant reportedly invested more than $500,000 in the work.
The City of Las Vegas Redevelopment Agency on March 19 approved a resolution finding that the electrical utility incentive program reimbursement agreement between the agency and TUPR 2 LLC furthers the redevelopment plan and authorized execution of the agreement. Councilwoman Diaz moved to approve the resolution; the motion passed.
Dina Babsky, director of economic and urban development, told the agency the program — which the agency approved earlier this year…
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