Staff Report (For Possible Action): Discussion and potential direction to special counsel and Agency/City staff to explore feasibility to utilize RDA funding for police, as requested by Mayor Schieve.
Topics
Summary
Summary
This item discusses the feasibility of using Redevelopment Agency (RDA) funds to finance police officers in the downtown area, as requested by Mayor Schieve. The City Manager's Office and special counsel will research the legality of this proposal under Nevada law. RDA funds are typically designated for redevelopment costs and debt financing. The Agency will incur costs for outside legal counsel, which are budgeted within the annual RDA budget. Staff recommends the Council provide direction on how to proceed with this research.
Citizen Impact
This is a preliminary discussion to explore funding options. No immediate impact on residents as it's a feasibility study, but could potentially lead to increased police presence downtown if approved.
Confidence
high
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