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Redevelopment agency approves consulting deal, accepts FY26 Q1 update and clean FY24–25 audit
Summary
At its Oct. 21, 2025 meeting the City of Henderson Redevelopment Agency approved a one-year consulting agreement with Grow America, accepted its first-quarter FY26 financial update noting 38% of revenues collected and accepted a clean FY24–25 audit with no findings; no public comments were recorded.
The City of Henderson Redevelopment Agency on Oct. 21, 2025 unanimously approved multiple consent items, including a one-year agreement for financial consulting services with Grow America, acceptance of the first-quarter FY26 financial update, and acceptance of the agency’s annual audit for FY24–25.
Staff introduced Item 3 as a one-year consulting agreement with Grow America (noted in the transcript as formerly the National Development Council). "They provide advisory support for community and economic development, training and professional education, lending and entrepreneurial support and investments in housing and community development," Anthony Malloy said. The transcript records the agreement’s initial term as one year with two one-year extension options.
On the financial update (Item 4), Malloy said the agency was 25% of the way through the fiscal year and had collected 38% of budgeted revenues and remained on track with expected expenses. The board accepted the update.
On the annual audit for FY24–25 (Item 5), staff reported a clean audit with no findings; the board voted to accept the audit.
Clerk announcements in the transcript indicate motions and recorded votes for the consent items (movers recorded in the transcript as Larson for the consulting agreement, Seebock for the financial update, and Stewart for the audit), and staff reported no public comments during the meeting’s public-comment periods.
Votes at a glance
• Item 3 — Financial consulting services agreement with Grow America: approved (motion recorded as made by member Larson in the transcript).
• Item 4 — First-quarter FY26 financial update: accepted; staff reported 25% of fiscal year elapsed and 38% of budgeted revenues collected (motion recorded as made by member Seebock in the transcript).
• Item 5 — Redevelopment Agency annual audit FY24–25: accepted; audit reported as clean with no findings (motion recorded as made by member Stewart in the transcript).
The Redevelopment Agency adjourned and the City Council meeting was set to begin at 4:00 p.m.
