Liquor will be sold at a new movie theater set to open across the street from North Las Vegas City Hall.
The City Council, in its capacity as the North Las Vegas Redevelopment Agency, on Wednesday night awarded a special-use permit allowing a liquor license for Maya Cinemas, a 65,000-square-foot movie theater scheduled to open by Thanksgiving weekend in 2018.
Construction is expected to start this month on the two-story movie theater at Las Vegas Boulevard and Hamilton Street, surrounded by 11 retail spaces and four restaurants. The project will cost at least $30 million, according to estimates.
Maya Cinemas North America, led by movie director Moctesuma Esparza, bought the land in February for $7.1 million.
Separately, the City Council on Wednesday authorized the sale of $19 million in tax-exempt municipal bonds to start construction of the water and sewer infrastructure project at the 1,110-acre Northern Beltway Commercial Area near Interstate 15 and the 215 Beltway.
Those bonds will be repaid through more than $18.89 million collected through property assessments collected from the owners of roughly 130 parcels.
The rest of the $43.16 million project will be funded by the North Las Vegas utility fund, the Nevada Department of Transportation and the Regional Transportation Commission of Southern Nevada.
Additionally, the City Council unanimously agreed to refinance part of $140 million in bonds issued in 2006 for a wastewater reclamation system that opened six years later. At the time, the bonds were issued for a 30-year term with interest ranging from 4 to 5 percent.
To date, the city still owes $116.29 million on the bonds. The council on Wednesday approved a deal that allows the Nevada Division of Environmental Protection to provide a refinancing loan for nearly $50 million, with a 2.2 percent interest rate.
The reduced interest rate will lead to $15.6 million in interest savings through 2037, according to a city report issued by City Manager Qiong Liu.
North Las Vegas helped during Strip shooting
North Las Vegas Police Chief Alex Perez said his officers responded to “a cry for help” and sprang into action to assist county law enforcement during the mass shooting on the Strip on Sunday.
About 60 North Las Vegas police officers and the SWAT team responded to calls for help as gunfire rained on concertgoers attending the Route 91 Harvest Festival, Perez told the City Council on Wednesday night.
“We’re proud as the city of North Las Vegas to help our neighbor during this great tragedy,” Perez said.
Newly appointed North Las Vegas Fire Chief Joseph Calhoun said his crew helped by providing back-up assistance in responding to other fire and emergency calls in the valley.
“With the seamless working relationship that we have, our battalion chiefs were able to help cover the whole valley with one other battalion chief from the city of Las Vegas to make sure everybody was protected,” Calhoun told the City Council.
— Art Marroquin