NLV buys lot from CCSD
$750K parcel to be used as part of revitalization
A dilapidated maintenance yard for the Clark County School District was folded into North Las Vegas’ downtown revitalization plan under a $750,000 deal approved Wednesday night.
The North Las Vegas City Council, in its capacity as the city’s Redevelopment Agency, voted 4-0 to purchase the 2-acre lot at 1941 Jefferson St. for use as potential commercial or office space.
The Clark County School Board approved the deal in May, despite concerns raised by Trustees Carolyn Edwards and Linda Cavazos that it would cost $3.7 million for the district to relocate the maintenance yard, primarily paid for by government service taxes.
“We’re going to be very good stewards of this property,” said Councilman Isaac Barron, whose Ward 1 includes downtown.
City and school district officials spent several years negotiating a deal to purchase the land, agreeing to a price that’s more than $100,000 above recent appraisals, city officials said.
The school district will be allowed to remain on the property for up to three years after the sale closes, giving them time to relocate.
“I see your vision,” School Board Trustee Kevin Child told the City Council. “Enjoy your piece of property.”
In a related move, the Redevelopment Agency on Wednesday agreed to purchase a .13-acre asphalt lot at 701 Williams Ave. for $85,000 as part of the downtown revitalization plan.
North Las Vegas officials have spent several years purchasing downtown parcels as part of an ongoing redevelopment plan aimed at attracting restaurants and shops to a 160-acre urban core known as Lake Mead Village West.
Improvements are slowly emerging in downtown, where city officials are spending $2.4 million in federal community block grants.