CITY OF LAS VEGAS REDEVELOPMENT PLAN

SECOND AMENDED AND RESTATED CITY OF LAS VEGAS REDEVELOPMENT PLAN

FOR REDEVELOPMENT AREA 1 AND REDEVELOPMENT EXPANSION AREAS A - C

Approved by City Council December 16, 2015

REDEVELOPMENT PLAN TABLE OF CONTENTS

SECTIONS

PAGE

I. INTRODUCTION ....................................................................................... 1

II. GENERAL DEFINITIONS AND REDEVELOPMENT AREA 1 BOUNDARY AND LEGAL DESCRIPTION ............................................... 4

A. GENERAL DEFINITIONS ............................................................... 5

B. REDEVELOPMENT AREA 1 BOUNDARY AND LEGAL DESCRIPTION................................................................................ 5

III. PROPOSED REDEVELOPMENT ACTIVITIES......................................... 7

A. GENERAL ....................................................................................... 8

B. OWNER PARTICIPATION AND BUSINESS REENTRY PREFERENCES ............................................................................. 9

1. OWNER PARTICIPATION ................................................... 9

2. PARTICIPATION BY TENANTS ........................................ 10

3. PARTICIPATION AGREEMENTS ...................................... 10

4. IMPLEMENTING RULES .................................................. 11

C. PROPERTY ACQUISITION .......................................................... 11

1. ACQUISITION OF REAL PROPERTY ............................... 11

2. ACQUISITION OF PERSONAL PROPERTY ..................... 12

D. PROPERTY MANAGEMENT........................................................ 12

E. RELOCATION OF PERSONS (INCLUDING INDIVIDUALS AND FAMILIES), BUSINESS CONCERNS AND OTHERS DISPLACED BY THE PROJECT ....................................................................... 12

1. ASSISTANCE IN FINDING OTHER LOCATIONS ............. 12

2. RELOCATION PAYMENTS ............................................... 13

SECTIONS

PAGE

F. DEMOLITION, CLEARANCE, PUBLIC IMPROVEMENTS, BUILDING AND SITE PREPARATION ......................................... 13

1. DEMOLITION AND CLEARANCE...................................... 13

2. PUBLIC IMPROVEMENTS ................................................ 13

3. PREPARATION OF BUILDING SITES............................... 14

G. PROPERTY DISPOSITION AND DEVELOPMENT ...................... 14

1. REAL PROPERTY DISTRIBUTION AND DEVELOPMENT ................................................................ 14

a. GENERAL ............................................................... 14

b. EMPLOYMENT PLAN ............................................. 15

c. DISPOSITION AND DEVELOPMENT DOCUMENTS.......................................................... 16

d. DEVELOPMENT FINANCING BY THE AGENCY OR OTHER PUBLIC BODIES OR ENTITIES .......... 16

e. DEVELOPMENT PLANS ......................................... 19

2. PERSONAL PROPERTY DISPOSITION ........................... 20

H. COOPERATION WITH PUBLIC BODIES ..................................... 20

IV. LAND USES AND DEVELOPMENT REQUIREMENTS ......................... 22

A. REDEVELOPMENT AREA 1 MAP AND MAJOR REDEVELOPMENT AREA 1 LAND USES ................................... 23

B. MAJOR LAND USES .................................................................... 23 C. OTHER LAND USES .................................................................... 23

1. PUBLIC RIGHTS-OF-WAY ................................................ 23

2. CONFORMING PROPERTIES .......................................... 24

D. INTERIM USES............................................................................. 24

SECTIONS

PAGE

E. NONCONFORMING USES .......................................................... 24

F. GENERAL CONTROLS AND LIMITATION .................................. 25

1. CONSTRUCTION .............................................................. 25

2. LIMITATION ON THE NUMBER OF BUILDINGS .............. 25

3. NUMBER OF DWELLING UNITS ...................................... 25

4. LIMITATIONS ON TYPE, SIZE AND HEIGHT OF BUILDINGS ........................................................................ 25

5. OPEN SPACES, LANDSCAPING, LIGHT, AIR AND PRIVACY ................................................................... 26

6. SIGNS ................................................................................ 26

7. UTILITIES........................................................................... 26

8. INCOMPATIBLE USES ...................................................... 26

9. PUBLIC USES.................................................................... 26

10. OTHER COVENANTS, CONDITIONS AND RESTRICTIONS................................................................. 27

G. DESIGN GUIDELINES.................................................................. 27

H. BUILDING PERMITS .................................................................... 28

I. NONDISCRIMINATION AND NON-SEGREGATION.................... 28

V. METHOD OF FINANCING THE AREA ................................................... 29

A. GENERAL DESCRIPTION OF THE PROPOSED FINANCING METHOD ...................................................................................... 30

B. TAX INCREMENT FUNDS ........................................................... 30

C. AGENCY BONDS ......................................................................... 32

SECTIONS D. TIME LIMIT ON ISSUING SECURITIES OR ESTABLISHMENTOF INDEBTEDNESS

PAGE 33

E. OTHER LOANS AND GRANTS

33

VI. ACTIONS BY THE CITY

34

VII. ENFORCEMENT

35

VIII. DURATION OF THIS AMENDMENT TO THE PLAN

35

IX. PROCEDURE FOR AMENDMENT

35

X. IMPLEMENTATION AGREEMENTS

35

XI. SEVERABILITY

36

EXHIBITS:

EXHIBIT "A" ? REDEVELOPMENT AREA 1 MAP............................................ 37

EXHIBIT "B" ? LEGAL DESCRIPTIONS OF THE REDEVELOPMENT AREA 1 38

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