The joint meeting of the Clark County Redevelopment Agency (RDA) and Board of Commissioners convened at 10:00 AM on Wednesday, February 18, 2026, at the Government Center in Las Vegas. Commissioners discussed redevelopment fund balances, approved key initiatives including the adoption of the Inspiring Spring Mountain Redevelopment Plan and a $1.5 million Chinatown Improvement Grant, and received a presentation on the Commercial Center redevelopment area. Public comments highlighted both support and concerns about the impact on existing small businesses. Items 9 and 10 (property purchases) were deleted from the agenda.
All right, good morning. This is the Clark County Commission redevelopment agency meeting for Wednesday February 18th. Mr. Schiller. We're gonna have the first section set aside for public comment. This is the first period for public comment. Anyone wishing to speak? Seeing no one, we'll close the first period for public comment. Commissioner's your next items approval of the minutes of the regular meeting on December 17th, 2025. There's a motion to approve cast your vote. That motion passes. Commissioner's your next items approval of the agenda with the inclusion of any emergency items and deletion of any items. Staff is recommending the deletion of items nine and ten. Move approval. Cast your vote. That motion passes. Now move to the business section of your agenda. Your next item is to designate a chair and vice chair for the Clark County Redevelopment Agency Board of Directors. All right. Uh thank you. I'm move for the appointment of Commissioner Jones for chair and Commissioner Sager Bloom for Vice Chair. All right. Cast your vote. And that commit that vote passes. So Commissioner Jones, you're in charge. Thank you, uh, Commissioner Sager Bloom for indulging my request for the last uh ten months here on the county commission to chair the redevelopment agency that I care so much about and know you do too. And uh thank you to Commissioner Kirkpatrick who committed to come to the redevelopment agency meeting. We appreciate it. Um turn back over to uh County Manager. Commissioners, your next items to review current Clark County Redevelopment Agency fund balance and expected FY26 revenue per district. Commissioners, so current oh next slide. Current fund balance uh for the agency is forty-seven point seven uh million dollars. That's actual cash that we have currently in the bank. Uh current allocations that we um have we have uh commercial center planning, there's still uh roughly ninety-seven thousand dollars. Uh grease trap. We have one last grease trap to cover the uh real property improvement grant for commercial center. We have not had any expenditures that is the original allocation, uh, but it was approved. Um commercial center um security. We roughly have three hundred and ninety-one thousand left. Uh Chinatown improvement grant. Um that was the original amount that was approved at the last agency board meeting. Demolition um commercial center, you guys may have seen the building that we owned at nine twenty-five is coming down, and so we are finalizing that. We have some uh funds remaining. Um acquisitions, those were these were actually items nine and ten on your agenda. Uh we are currently in contract, but we will bring those items back. Um the cultural district enhancements are for uh Chinatown Arts mural project that uh was approved by the board, and then miscellaneous vendor payments. So with that, there's roughly six point two in actual contracts and obligations that we have, bringing our net cash balance down to about approximately 41.5 million dollars. And I'm happy to answer any questions. Any questions on the board? If none, thank you very much, Director Coleman.