CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Anna Danchik, Comptroller |
Recommendation:
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Conduct a public hearing concerning the proposed issuance of general obligation (limited tax) transportation improvement bonds (additionally secured by pledged revenues), in the maximum principal amount of $101,190,000 for the purpose of financing transportation projects (Beltway).
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FISCAL IMPACT:
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Fund #: |
N/A |
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Funded PGM/Grant: |
N/A |
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Amount: |
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Description: |
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Additional Comments: |
The general obligation (limited tax) transportation improvement bonds (the “Series 2026A Bonds”) will be additionally secured with Master Transportation Plan revenues derived from a 1% supplemental governmental services tax (the “Supplemental GST”), a development privilege tax (the “Development Tax”), and a 1% non-resort corridor room tax imposed on the gross receipts from the rental of transient lodging (hotel/motel rooms) in the unincorporated area of the County outside of the boundaries of the Las Vegas Strip Resort Corridor, the Laughlin Resort Corridor, and any other transportation districts created by the County or a city (the “Non-Resort Corridor Room Tax”); collectively, the (“Beltway Pledged Revenues”). |
BACKGROUND:
At the June 16, 2026 Board of County Commissioners meeting, the Board authorized the County to publish the Notice of Public Hearing. The Notice of Public Hearing was published on June 19, 2026, June 26, 2026, and on July 3, 2026, in a newspaper of general circulation. The Notice of Public Hearing provided notice to the public regarding the time and place that they may have an opportunity to be heard on this matter. The Chair should open the public hearing, take any public comment and close the public hearing. No action is required to be taken.