PUBLIC NOTICE: Clark County Redevelopment Agency Proposes Amendment to the Plan. Click Here to Learn More
This area was designated by the Clark County Board of Commissioners for consideration as an addition/amendment to Clark County’s existing Redevelopment Agency. Designation requires a public hearing of the proposed amendments per NRS 279.608.
Title 30 of the Clark County Code requires notice mailings for any public hearings for all impacted parcels and all parcels within 1,500 feet.
NRS 279.408 defines “Redevelopment” as the planning, development, replanning, redesign, clearance, reconstruction or rehabilitation, or any combination of these, of all or part of a redevelopment area, and the provision of such residential, commercial, industrial, public or other structures or spaces as may be appropriate or necessary in the interest of the general welfare.
NRS 279.410 defines “Redevelopment Areas” as areas of a community whose redevelopment is necessary to effectuate public purposes declared within NRS 279.
To be designated a Redevelopment Area, the area must meet the definition of a “blighted area” under NRS 279.388. A blighted area is an area characterized by at least four of the following factors:
The Clark County Board of Commissioners examined different areas with potential for redevelopment and the four areas below were determined to meet the requirements of a “blighted area.”
The blight study, as well as instructions to proceed with the process of designation, was approved by the Clark County Redevelopment Agency on October 18, 2023. You can view the meeting and corresponding materials here.
A redevelopment area generates revenue from a portion of property taxes paid to fund the Redevelopment Agency. The agency may then use those funds to help support revitalization of redevelopment areas by establishing grants, public private partnerships or using tax increment financing (TIF) as a tool to spur investment within the defined boundaries of the redevelopment areas.
Tax Increment Financing leverages future increases in taxes to pay for improvements today. A baseline tax amount will be set at the start of the next fiscal year. Then, any future incremental increases in tax revenue will be specifically allocated back to the Redevelopment Agency to use for Redevelopment Projects.
Under NRS 279.439(3) Amendments to redevelopment plans are effective for 45 years after the date in which the original redevelopment plan was adopted. Here, the original redevelopment plan was adopted December 16, 2003.
Redevelopment Projects can include a wide variety of allowable uses under NRS 279.412. Some examples may include, but are not limited to:
Redevelopment projects and use of funds will continue to be decided by the Clark County Redevelopment Agency. This is a public board consisting of Clark County Commissioners and meets the third Wednesday of each month at 10:00am at the Clark County Government Center.
No. When a Redevelopment Area becomes designated, the only difference will be the allocation of property tax revenue, not the overall amount of taxes an individual parcel owes.
You may attend the upcoming public hearing on May 22, 2024, at 10:00 am MEETING POSTPONED, New Meeting Date TBD at the Clark County Government Center. If you are unable to attend in person, you may submit comments by clicking here.
If you are interested in learning more about Areas 2 or 3, you may also visit www.inspringspringmountain.com.
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