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24-495

Approve the purchase of 925 East Sahara Avenue Buildings D & F located on Assessor's Parcel Numbers 162-10-512-003 through 073 which consist of two (2) two-story retail/office buildings containing a gross building square footage of 84,320 on +/- 1.03 acres of land; fund the purchase price of $5,000,000, $10,000 for closing costs and $1,316,724 for construction development; ratify the appraisal dated January 11, 2024 by Colliers International Valuation & Advisory Services; and Authorize the Director of Operations to sign escrow documents and any other related documents to complete the transaction and management of the leases. (For possible action)

Business Item Agenda Ready Introduced April 2, 2024

What this record is

Amount
$5.00M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
purchase
Field
Professional services

professional services contracts in NV that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Clark County Redevelopment Agency
Requested by
Redevelopment Agency
Introduced
April 2, 2024
On agenda
April 17, 2024

Where it was heard

Clark County Redevelopment Agency Apr 17, 2024 Approved as Recommended Pass

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