Sparks Redevelopment Agency Meeting (following the City Council Meeting) 3/23/2015 2:00:00 PM

    Monday, March 23, 2015 2:00 PM
    Council Chambers, Legislative Bldg., 745 4th St., Sparks

Item Number: 7

Title: Consideration and possible approval to grant emergency spending authority to the Redevelopment Agency of up to $250,000 related to potential hydrocarbon contamination of Redevelopment Agency property.
Petitioner/Presenter: Neil C. Krutz, Deputy City Manager/Neil C. Krutz, Deputy City Manager
Recommendation: Staff recommends the Redevelopment Agency grant emergency spending authority to the Chief Administrative Officer of up to $250,000 related to potential hydrocarbon contamination of City property.
Financial Impact: $250,000, unbudgeted.
Total Costs: $250,000.00
Fund: R/A Revolving    Account: 603242
Program: Redevelopment Agency 1 Administration (130265)
Amount: $250,000.00    Budget Status: Over Budget (See Budget Correction Plan)
Business Impact (Per NRS 237):
    
A Business Impact Statement is not required because this is not a rule.
Agenda Item Brief:

Hydrocarbons have been found in the ground on Redevelopment Agency property located at 1344 Victorian Avenue by a potential purchaser of the property.  The property is located at the northeast corner of Victorian Avenue and Victorian Plaza Circle (formerly 13th Street) and carries Assessor’s Parcel Number 032-135-13.  Staff needs to conduct investigations and potentially develop a mitigation plan, the details of which will unfold as the scope of the contamination is identified.



Background:

Hydrocarbons have been found in the ground on Redevelopment Agency property located at 1344 Victorian Avenue by a potential purchaser of the property.  Staff needs to conduct investigations and potentially develop a mitigation plan, the details of which will unfold as the scope of the contamination is identified.  This is an emergent situation that does not fit within normal city timeframes for expenditures.



Analysis:

N/A.



Alternatives:

N/A.



Recommended Motion:

I move to grant the Chief Administrative Officer spending authority of up to $250,000 related to potential hydrocarbon contamination of Redevelopment Agency property.



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