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Nye County adopts development agreement for Pleasant Valley Unit 1 subdivision
Summary
The Nye County Board of Commissioners approved a development agreement with GPS Pleasant Valley LLC that includes park impact fees and road improvements for the Pleasant Valley Unit 1 subdivision.
The Nye County Board of Commissioners on July 1 approved a development agreement between Nye County and GPS Pleasant Valley LLC for Pleasant Valley Unit 1 subdivision, authorizing the developer to proceed under negotiated infrastructure and phasing terms.
Planning Director Steve Osborne summarized changes carried over from the last public hearing, including a new provision that “requires the developer to pay a total of $1,164,000 which is $4,000 per unit, per home, to improve Kellogg Park,” and clarified water rights language and a developer obligation to improve adjacent Homestead Road. Tony Celeste, representing GPS Pleasant Valley, said the developer “agree[s] with all of the red line changes” and that the park payments “are not insignificant” and would be paid in three phase-linked installments prior to building permits for each phase.
The agreement updates the subdivision phasing schedule to include the Kellogg Park improvement fees split across phases (Phase 1: $108,000; Phase 2: $416,000; Phase 3: $640,000) and states the developer must obtain certificated or permitted water rights and comply with utility-provider requirements for water service.
The board voted to adopt Nye County Bill 2025-05 approving the development agreement; the transcript records the motion, a second and a recorded vote that passed unanimously. Commissioners who spoke during deliberations praised the developer’s willingness to contribute to local parks and road work and emphasized the project’s anticipated community benefits.
The agreement requires the developer to deliver the park fees and complete the half-street improvements on Homestead Road adjacent to the property as part of conditions for phased building permits. Planning staff will monitor compliance with the phasing and payment schedule and the county will hold developer guaranties as set out in the agreement.
Votes at a glance: Nye County Bill 2025-05 — motion to adopt development agreement approved; vote recorded as 5–0.
What’s next: County planning staff will finalize the recorded development agreement and monitor fulfillment of the phasing and payment schedule tied to building permits.
