Redevelopment Agency Meeting, May 6, 2026: Approval for Tax Sale Auction Bids
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Redevelopment Agency Meeting, May 6, 2026
The Redevelopment Agency meeting of May 6, 2026, was called to order at 8:30 a.m. by the Mayor. The meeting focused on a single action item: authorizing the city's real estate manager to bid on three properties at the Clark County Treasurer Trustee Auction, with a total expenditure not to exceed $1,017,635. The meeting was properly noticed, video recorded, and broadcast live. No public comments were made. The meeting adjourned, followed by the city council meeting at 9 a.m.
Consent Calendar
- No consent calendar items were listed on the agenda.
Public Comments & Testimony
- No members of the public came forward to speak during the public comment period for agenda items or during citizens' participation.
Discussion Items
- RA-15-2026: Discussion and possible action regarding a resolution to consent to the real estate manager of the City of Las Vegas bidding on the purchase of any or all real properties located at 304 Jackson Avenue, 308 Jackson Avenue, and 333 F Street, Las Vegas, Nevada, at the Clark County Treasurer Trustee Auction. The resolution would also authorize the real estate manager to execute any reasonable and necessary documents related to the acquisition, with costs not to exceed $1,017,635 from the RDA Special Revenue Fund, Redevelopment Area One, Ward Five. Ms. Babsky presented the item, noting that the two Jackson Avenue properties are adjacent to the current Jackson Redevelopment project, offering opportunities for partnership with private property owners to enable larger developments. The third property on F Street is approximately 4.44 acres, providing a sizeable parcel for future redevelopment. Ms. Babsky also mentioned that a deed of trust (private debt) exists on one property, and staff is working to ensure a clean title can be obtained. Councilwoman Summers Armstrong made a motion to approve, and the motion carried unanimously.
Key Outcomes
- Approval of Resolution RA-15-2026: The agency unanimously approved the resolution, authorizing the real estate manager to bid on the three properties at the tax sale auction and execute necessary documents, with expenditures capped at $1,017,635.
- Next Steps: The real estate manager will attend the Clark County Treasurer Trustee Auction on May 7, 2026 (the day after the meeting) and proceed with acquisition efforts, including resolving the title issue on the F Street property.
Meeting Transcript
I mean they take your water. Exactly what I was doing. I know, but I'll take a crossing. I don't think it's like exactly right now. There we go. All right. Ladies, it's 8 30. I'm going to get started. I'm going to get started. Okay. Okay. I'm glad you're having the redevelopment agency meeting of uh May 6, 2026 is called to order. This meeting has been properly noticed and posted in compliance with the open meeting law. These proceedings are being video recorded and can be viewed live on City of Las Vegas TV on Cox Cable Channel 2. You could also watch the meeting live online and access other city content by visiting Las Vegas Nevada.gov slash connect. The proceedings will be rebroadcast on City of Las Vegas TV, the Wednesday of the meeting at 8 p.m. And also on Friday at 4 a.m. Saturday at 7 p.m. Sunday at 7 a.m. and the following Monday at 5 p.m. This building is protected by a state-of-the-art fire detection and suppression sprinkler system. If alarms should activate during today's meeting, please evacuate using the exits at the back of the chambers, out to the mezzanine, proceed out the double doors to the terrace and down the back staircase. For anyone that has difficulty with stairs, please check with a marshal or fire official for assistance. Once outside, assemble on the northeast corner across the street from City Hall at Lewis and First Street. Employees wearing safety vests or our city marshals will inform you when it is safe to re-enter the building. For public comment related to the items on the agenda, citizens' participation, and public hearing items. And please note if you are parked in the parking garage across the street. We will now move on to item three. Agenda item number three. Public comment during this portion of the agenda must be limited to matters on the agenda for action. The amount of time any single speaker is allowed may be limited. All comments made will be cross-referenced to those specific items. If anyone submitted a speaker card or who wishes to speak under this portion of the agenda, please come to the podium. State your name for the record. This is your opportunity to address the agency members, but the members are not able to respond or engage in dialogue. You may also address the agency members at the end of the meeting during citizens' participation regarding matters within the jurisdiction of the redevelopment agency. Although you are not prohibited from speaking during both public comment periods, we kindly ask that your comments are not repetitive. We will set the time at one minute. Does anybody wish to come forward? Seeing no one, we will now move to item number four. Agenda item number four. RA-15-2026. Discussion for possible action regarding a resolution consenting the real estate manager of the City of Las Vegas bidding on a purchase of any or all real properties located at 304 Jackson Avenue, 308 Jackson Avenue, and 333 F Street, Las Vegas, Nevada, at the Clark County Treasurer Trustee Auction, and approving and authorizing the real estate manager of the city to execute any reasonable and necessary documents as approved as to form by the city's city attorney's office related to the acquisition of the properties by the redevelopment agency not to exceed 1,017,635. RDA Special Revenue Fund. A redevelopment area one, ward five, Ms. Summers Armstrong. Please note this item is related to Council Item 31, R31-2026. Miss Babsky. Yes, good morning, Mayor. Good morning, City Council members.
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