CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Denis Cederburg, Director of Public Works |
Recommendation:
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Approve and authorize the Director of Public Works to sign a traffic signal agreement with Summerlin Development Management Company, LLC (Brian P. Walsh, Vice President) for costs associated with the installation of the traffic signal system at Red Rock Ranch Road and Red Springs Drive. (For possible action)
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FISCAL IMPACT:
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Fund #: |
N/A |
Fund Name: |
N/A |
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Fund Center: |
N/A |
Funded PGM/Grant: |
N/A |
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Amount: |
N/A |
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Description: |
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Additional Comments: |
Property Owner will pay to the County the amount of $370,000, which will be deposited in Fund 4420.008 (Public Works Capital Improvements). |
BACKGROUND:
On May 9, 2023, Clark County approved a traffic study warrant for the intersection of Red Rock Ranch Road and Red Springs Drive, requiring a traffic signal to be installed. Summerlin Development Management Company, LLC has agreed to pay for fifty percent (50%) of the costs for Clark County to design, construct and install this traffic signal.
The traffic signal agreement sets forth the terms of the property owner’s monetary contribution for the work to be constructed and maintained by the County. The term of the agreement remains in place until the earlier of either the date the traffic signal is constructed, or December 31, 2026, unless there is a mutual agreement to extend the date.
The District Attorney’s Office has reviewed and approved the agreement as to form.