Stateline redevelopment clears planning board
MINDEN, Nev. — Formation of a new redevelopment area at Stateline will affect future revenues for agencies that rely on property tax at Lake Tahoe.
Douglas County planning commissioners recommended approval of the redevelopment plan 7-0 on Tuesday, Dec. 15.
A letter opposing the proposal by the Tahoe-Douglas Fire District was withdrawn by its attorney.
Alan Wechsler told planning commissioners that the district is not opposed to the general idea, but has concerns about the plan.
“The district has specific concerns about how this will affect it,” Wechsler said. “It anticipates greater density, and at the same time essentially caps the amount of ad valorem tax revenue.”
Douglas County approved its redevelopment district agency in October 1997.
Redevelopment districts’ money comes from increased property values within the district. If formed, the Stateline district would continue to contribute property tax at the same rate as the day of its creation, but the difference would go to support redevelopment projects.
The county’s first redevelopment district encouraged the construction of the commercial area off Jacks Valley Road.
A second redevelopment area sparked the creation of Carson Valley and Clear Creek plazas near the Douglas-Carson line. The redevelopment district in northern Carson Valley that encouraged the construction of the Topsy shopping centers raises about $2 million a year.
“The fire district is not anti-development or anti-business,” Wechsler said. “It understands the importance of redevelopment.”
Deputy District Attorney Zach Wadle said that the planning commissioners’ role was to determine whether the proposal was consistent with the Douglas County master plan and other planning documents.
He said the process includes at least two more public meetings and a public notice requirement. The earliest the redevelopment area could be approved would be the end of February.
Douglas County commissioners serve as the redevelopment board. Wadle said the proposal could be approved by the end of February.
Planning commissioner Kevin Servatius cited a statistic that employment at the casinos has gone from 11,000 workers to fewer than 5,000.
“I’ve spent 16 years of my life working in the proposed redistrict,” he said. “This, to me, makes absolute sense.”
In California, a $420 million project just over the state line would have included a 71,000-square-foot convention center, but was killed when the state eliminated all of its redevelopment districts.