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Committee forwards three bond measures: $9.7M saving refunding, $24M parks bonds and $10M RDA repayment
Summary
The recommending committee on Feb. 17 recommended three bond ordinances to the City Council: refunding bonds that staff say will save about $9.7M, $24M in medium‑term bonds for parks paid from room tax proceeds, and $10M in building bonds to reimburse the RDA for the Arts District parking garage.
The Las Vegas recommending committee on Feb. 17 recommended three separate bond ordinances to the City Council, covering a city hall refunding, a $24 million parks bond issuance and a $10 million building bond to repay the Redevelopment Agency.
Susan Heltsey, the city’s chief financial officer, presented the first measure (bill 2026‑6) as a refunding of city hall bonds originally issued in February 2015. Heltsey said reissuing the bonds would yield roughly $9,700,000 in savings over the remaining life of the bonds without extending the term,…
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