Meeting
City Parkway V, Inc. Board Meeting
City of Las Vegas City Hall, 495 S. Main St.
Council Chambers 
City of Las Vegas Internet Address: www.lasvegasnevada.gov

AGENDA
November 20, 2024
2:00 PM
 
Items listed on the agenda may be taken out of the order presented; two or more agenda items for consideration may be combined; and any item on the agenda may be removed or related discussion may be delayed at any time. Backup material for this agenda may be obtained from LuAnn D. Holmes, City Clerk, at the Office of the City Clerk, 495 South Main Street, 2nd Floor or on the city's webpage at www.lasvegasnevada.gov.
 
1.
Call to Order and Roll Call
 
2.
Announcement Regarding: Compliance with Open Meeting Law
 
3.
Public Comment: Comment during this portion of the agenda must be limited to matters on the agenda for action. If you wish to be heard, come forward and give your name for the record. The amount of discussion, as well as the amount of time any single speaker is allowed, may be limited.
 
4.
For possible action to approve the Final Minutes by reference of the Regular Meeting of July 31, 2024
 
5.
Discussion for possible action to approve the transfer of $200,000 from the City Parkway V, Inc. fund balance to the City of Las Vegas Public Works Capital Improvement Program, to be allocated towards cost overruns created by NV Energy while constructing the right turn lane off Grand Central Parkway
 
6.
Discussion for possible action to approve the transfer of $250,000 from the City Parkway V, Inc. fund balance to the Symphony Park Design Review Committee for way-finding improvements
 
7.
Discussion for possible action regarding the Fiscal Year 2025-2026 Operating Budget
 
CONSENT AGENDA: Matters listed on the Consent Agenda are considered to be routine and have been recommended for approval by the submitting departments. All items on the Consent Agenda may be approved in a single motion; however, if an Officer so requests any item may be moved to the Discussion portion of the agenda and other action, including postponement or denial of the item, may take place.
 
8.
For possible action to approve the ratification of the Disposition and Development Agreement (DDA) between City Parkway V, Inc. and Panther Acquisitions, LLC, for the sale and development of 1.15 acres, a portion of Parcel J in Symphony Park, for the development of a medical office building and restaurant located at 505 Robin Leach Lane (a portion of APN 139-33-610-028) in concurrence with City Council’s decision – Ward 5 (Crear)
 
9.
For possible action to approve the ratification of the Disposition and Development Agreement (DDA) between City Parkway V, Inc. and Las Vegas Museum of Art, Inc., concerning the proposed sale of vacant real property located at 302 South City Parkway (a portion of APN 139-34-211-005) in concurrence with City Council’s decision – Ward 5 (Crear)
 
10.
For possible action to approve the ratification of a First Amendment to Disposition and Development Agreement (DDA) between Las Vegas Museum of Art, Inc., and City Parkway V, Inc. for the sale and development of .59 acres of Parcel M-4 in Symphony Park for the construction of a sculpture garden and associated public amenities, located at 302 South City Parkway (APN 139-34-211-005, a portion) in concurrence with City Council’s decision – Ward 5 (Crear)
 
11.
For possible action to approve the ratification of the Third Amendment to Amended and Restated Declaration of Special Land Use Restrictions, Option to Purchase, and Infrastructure Agreement (DSLURS) between City Parkway V, Inc. (CPV) and PQ Holdings LLC to extend the dates for feasibility and construction start for a hospitality/resort project, CPV’s option and exercise of purchase option, and purchase escrow terms regarding closing and CPV’s purchase option assignment on Parcels P and Q in Symphony Park bounded by West Ogden Avenue to the north, the Union Pacific Railroad to the east, South City Parkway to the west and Parcel O2 to the south (APN 139-34-110-005) in concurrence with City Council’s decision – Ward 5 (Crear)
 
12.
Citizens Participation: Public comment during this portion of the agenda must be limited to matters within the jurisdiction of the Board. No subject may be acted upon by the Board unless that subject is on the agenda and is scheduled for action. If you wish to be heard, come forward and give your name for the record. The amount of discussion on any single subject, as well as the amount of time any single speaker is allowed, may be limited.
 
13.
Adjournment
 
Facilities are provided throughout City Hall for the convenience of persons with disabilities. Reasonable efforts will be made to assist and accommodate persons with disabilities or impairments. If you need an accommodation to attend and participate in this meeting, please call the City Clerk’s office at 702-229-6311 and advise of your need at least 48 hours in advance of the meeting. Dial 7-1-1 for Relay Nevada.
 
THIS MEETING HAS BEEN PROPERLY NOTICED AND POSTED AT THE FOLLOWING LOCATIONS
IN ACCORDANCE WITH THE NOTICING STANDARDS AS OUTLINED IN NRS 241.020:
The City of Las Vegas website – www.lasvegasnevada.gov
The Nevada Public Notice website – notice.nv.gov
City Hall, 495 South Main Street, 1st Floor