File #: 21-442   
Status: Agenda Ready
File created: 3/24/2021 In control: Clark County Board of Commissioners
On agenda: 4/6/2021 Final action:
Title: Approve and authorize the Director of Real Property Management or designee to sign a Lease Agreement and any necessary documents between Clark County (County) and Beltway Business Park Warehouse No. 10, LLC, for the development of ?15.89 acres of County-owned land known as Assessor Parcel Number 176-01-601-023, generally located at the Northeast corner of Badura Avenue and Lindell Road. (For possible action)
Attachments: 1. Staff Report, 2. BBP WH 10.pdf

CLARK COUNTY BOARD OF COMMISSIONERS

AGENDA ITEM

 

Petitioner:

Lisa Kremer, Director of Real Property Management

Recommendation: 

title

Approve and authorize the Director of Real Property Management or designee to sign a Lease Agreement and any necessary documents between Clark County (County) and Beltway Business Park Warehouse No. 10, LLC, for the development of ±15.89 acres of County-owned land known as Assessor Parcel Number 176-01-601-023, generally located at the Northeast corner of Badura Avenue and Lindell Road. (For possible action)

body

 

 

FISCAL IMPACT:

Fund #:

5250.850

Fund Name:

CMA Operations

Fund Center:

2200400050

Funded PGM/Grant:

N/A

Amount:

N/A

Description:

Business Development, DOA

Additional Comments:

The County will receive 50% of the net revenue from this lease, which will be distributed under the terms of the Southern Nevada Public Lands Management Act of 1998 (SNPLMA)

 

BACKGROUND: 

On August 21, 2001, the Board of County Commissioners approved a Lease Option Agreement (Lease Option) between Clark County (County) and Beltway Business Park, L.L.C. (Beltway) for the development, construction, operation, and sublease of commercial facilities on ± 298 acres of County-owned land in the Cooperative Management Area.  Beltway has entered into fifteen (16) leases under the Lease Option.  The current request is to enter into the seventeenth (17th) lease under the Lease Option. 

This item was presented to the County Long Range Planning Committee on October 27, 2020.