Meeting Time: March 19, 2025 at 1:30pm PDT
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Where: NANNINI ADMINISTRATION BUILDING, SUITE 102 540 COURT STREET, ELKO, NEVADA 89801 ELKO, NV 89801

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Agenda Item

G.4) Discussion and possible approval of the appraisal and transfer of Parcel 009-008-036 (which is approximately 55 acres), located in the unincorporated Town of Jackpot, to SummitEdge. This transfer is in accordance with NRS 244.2815, which permits the conveyance of property for less than fair market value for economic development purposes. Jackpot has a housing shortage and many employees who work in Jackpot commute from Twin Falls.  SummitEdge has completed a preliminary lot layout, showing the subject developed with 146 single-family residential homesites, with an average lot size 8,587± square feet and 10.20± acres (18.4%) as open space.