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Las Vegas council approves sale of 6211 Vegas Valley Drive to developer for veteran housing
Summary
The City Council approved a letter of intent and a resolution allowing sale of 6211 Vegas Valley Drive to Patriot Housing LV LLC for $8,000,959 to support a proposed veteran housing development with roughly 348 units and supportive services.
The Las Vegas City Council on Dec. 17 voted to approve a letter of intent and a resolution authorizing sale of city-owned property at 6211 Vegas Valley Drive to Patriot Housing LV LLC for $8,000,959, less than the staff-appraised value of $8,960,000. The approvals followed a public hearing and a presentation by the applicant’s representative.
Theresa Boyce, the city’s real estate manager, opened the hearing and said the property had been appraised at…
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