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Redevelopment agency authorizes up to $1.02 million to bid on three Las Vegas parcels
Summary
The Las Vegas Redevelopment Agency approved a resolution authorizing the city's real estate manager to bid up to $1,017,635 at a Clark County tax-sale auction for three parcels at 304 Jackson Ave., 308 Jackson Ave., and 333 F St.; staff cited proximity to the Jackson redevelopment area and a title issue on one parcel.
The Las Vegas Redevelopment Agency voted to authorize its real estate manager to bid at a Clark County Treasurer trustee auction and to expend up to $1,017,635 from the RDA special revenue fund to acquire three parcels at 304 Jackson Avenue, 308 Jackson Avenue and 333 F Street.
Dina Babsky, director of EUD, told the agency the two Jackson Avenue parcels are adjacent to the ongoing Jackson redevelopment program and said the F Street parcel is "about 4 point 0.44 acres." Babsky asked the agency to approve expenditure authority for the tax-sale auction and said staff is reviewing a title report and a deed of trust on the F Street parcel to ensure clean title before acquisition. "We're here today to request your approval to expend up to $1,017,635," she said.
The chair called for a motion; Councilwoman Summers Armstrong moved approval and the chair announced, "Motion carries." The record does not include a roll-call vote or a written tally in the transcript; the agency did not discuss amendments or conditions in the meeting.
Why it matters: the purchase authority gives the redevelopment agency a mechanism to acquire parcels that staff said would enable partnerships with private property owners and support larger redevelopment projects in Ward 5 and Redevelopment Area 1. Babsky framed the acquisition as a way to continue work on the Jackson redevelopment that staff said has been underway for about a year and a half.
What was clarified: Babsky told the agency staff is still working through title issues on one property, specifically a private deed of trust, and will coordinate with the real estate manager to resolve the matter prior to completing any acquisition. The expenditure would be paid from the RDA special revenue fund and the item was linked to council item R-31-2026.
No members of the public spoke during the public-comment periods. The redevelopment agency adjourned and the city council meeting was scheduled to begin at 9 a.m.
