Metro outlines proposed intergovernmental agreement to transfer 30 acres, contracts and capital authority to East Bank Development Authority

Metro and East Bank Development Authority leaders on Tuesday discussed a proposed intergovernmental agreement that would convey about 30 acres and assign major development contracts and capital spending to the new East Bank Development Authority, but the authority did not vote on the measure.

Bob Mendez, a representative of the mayor’s office, told the authority the presentation was intended for discussion only and that Metro and Metro Council each will have “two touches” on the agreement before either body votes. “We are not asking for a vote today,” Mendez said.

The draft agreement would convey roughly 30 acres tied to the Fallon master development agreement — identified in the presentation as parcels labeled A, B, C, D, E1, E2, F and G — plus the plaza between the football stadium and Fallon’s development area. The city owns roughly 130 acres on the East Bank, Metro staff said; the 30 acres under this agreement are a subset of that acreage and not the entirety of Metro-owned East Bank property.

Saul Solomon, counsel for the authority, described the authority’s initial role as primarily execution of agreed projects rather than independent policymaking. “If it wishes to proceed with Metro Council approval only, that’s permitted under the act, and that is…