A. Petition For Land Sale Or Lease For Economic Development: The board of county commissioners may sell, lease, or otherwise dispose of real property for the purposes of redevelopment or economic development without first offering the real property to the public and for less than fair market value. To qualify there has to be a need for the business or activity. Mineral County will consider industrial, wholesale, commercial, and retail business proposals. If there is a commercial or retail business proposal submitted for consideration there cannot be a similar business or activity already in place in Mineral County unless it can be shown to support or aid in the retention or expansion of the existing similar business or activity. The petition shall contain the following:
1. A site development plan prepared by a state of Nevada licensed engineer or architect which includes, but is not limited to, proposed building layout, floor elevations, FEMA flood zone designation, site grading and drainage and parking lot layout. The development plan must include a statement that outlines the proposal will be consistent with the zoning designation as specified in the Mineral County master plan.
2. A comprehensive business plan specific to the proposed development that includes:
a. An executive summary which includes a company description; an organizational and management outline listing all officers, owners, and/or partners; a plan for marketing and sales of the service or product lines; and financial projections for the next three (3) to five (5) years.
b. A complete financial statement, prepared by a licensed CPA, of the company and all officers, partners, etc.
c. A market analysis that demonstrates that the proposed development will be consistent with the definitions for redevelopment and/or economic development as set forth in this chapter.
d. A tax base analysis which assesses the tax base impact for Mineral County.
e. The proposed purchase price for the property requested under the appraised value will be indicated in the plan. Any proposed property sale value under the appraised value will require a performance bond equal to the original appraised value. The value of the property for tax purposes will remain at the appraised value.
f. Nonrefundable fees including, but not be limited to, appraisal costs, publication costs, survey costs, county staff time costs, financial performance review, preparation of legal document costs and/or any other costs as deemed appropriate by the board of county commissioners. Nonrefundable fees may be credited toward the purchase price of the petitioned land if the agreement price is over fifty percent (50%) of the appraised value.
3. Upon acceptance of a petition for sale or lease of public property for economic development, the board of county commissioners shall, as set forth in this chapter, determine the method of appraising the petitioned for property, select the appraiser, and order the appraisal of the property.
4. If the board of county commissioners determines that the sale or lease of the property for redevelopment or economic development is in the best interest of the public, the board shall adopt a resolution declaring that it is in the best interest of the public to sell, lease, or otherwise dispose of the property without offering the property to the public, and for less than fair market value of the real property. The resolution shall state that the value of the property will remain at the appraisal value but will be sold for less than fair market value for purposes of redevelopment or economic development. The resolution of intent to sell or lease property for economic development shall set forth the terms and conditions for sale and incorporate a development agreement with Mineral County adopting the development plans proposed by the petitioner. (Ord. 228A, 1-16-2013)