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City Parkway 5 board approves minutes and an amendment to the operating agreement
Summary
At its meeting the board approved the final minutes of Jan. 26, 2026, and unanimously approved Amendment No. 2 to the operating agreement with the Las Vegas Redevelopment Agency, enabling discretionary termination rather than time-based termination.
The City Parkway 5 board approved two routine items: the final minutes of the Jan. 26, 2026 meeting and Amendment No. 2 to the operating agreement between the City of Las Vegas Redevelopment Agency and City Parkway 5 Incorporated.
Rosa Cortez moved to approve the meeting minutes; the board indicated support and the chair declared the motion carried. Later, Zack Bloomfield, senior management analyst, recommended approval of Amendment No. 2 and said the amendment would extend the agreement's term so termination could occur on a discretionary basis rather than be tied to a fixed timing provision. Rosa Cortez moved to approve Amendment No. 2; the board voted in favor and the chair declared the motion carried. Bloomfield noted the RDA board is expected to consider the related item on March 18, 2026.
No roll-call vote with individual tallies was recorded in the transcript for either motion; the chair announced both motions carried.
