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SID Map

Page 1

SID Map Cheyenne Deser tH

ope

Rev ere nc e

813

L ak eM

818 FUT

URE

819

OPE

Lake Mead

ead

816

404

215

NS

PAC E

ERLIN PARKWA Y SUMM

Hills

k

s

thills

809

oo Desert F

812

Tow nC en te r

Alta

Sky Vi

814

sta

810

Rampart

Pa r

814

Far Hill

817

Carriage

FUTURE DEVELOPMENT

Gr an d

Pa rk

Dr

ift

Anasaz

i

815

n

Canyon Ru

Alta

808

707

215

Charleston

128 108 & 128

SID 707

SID 808

SID 816

SID 108

SID 809

SID 817

SID 124

SID 810

SID 818

SID 128

SID 812

SID 819

SID 132

SID 813

SID 151

SID 814

108

Desert Inn

215

108 & 124

132 Flamingo

FREQUENTLY ASKED QUESTIONS ABOUT SUMMERLIN’S SPECIAL IMPROVEMENT DISTRICTS (SIDs):

What are the assessment installment payments used for? To repay the principal and interest on the bonds issued to finance the cost of the above public improvements. Who is responsible for repayment? The assessments constitute a lien on the property similar to property tax and will be paid by the property owners. What happens if I sell my home? The remaining assessment due on your property is transferred to the new owner at the time of the sale. How will the assessments be billed? Property owners will be billed on a semi-annual basis through either the City of Las Vegas or Clark County.

Are there penalties for failure to pay or for underpayment of assessments? Yes. If an assessment payment is not received by the due date, a late penalty will be imposed. In addition, failure to pay an assessment installment when due may cause the whole amount of the outstanding assessment to become due and payable immediately. Failure to pay assessments may also result in commencement of sale or foreclosure proceedings. How are the assessments apportioned? The assessments are apportioned on a per-acre basis.

151

Tropicana

FUTURE DEVELOPMENT

Russell

Hualapai

Why are special improvement districts created? Improvement Districts are created to fund public improvements such as roads, curbs, sidewalks, utilities, etc. Usually, these public improvements are funded from the proceeds of a bond issue sold by the municipality. All properties benefiting from these improvements are included in the District.

Is there a penalty for prepaying the assessment? Yes. The prepayment penalty percentage may vary over time according to the terms of the Assessment Ordinance. The penalty percentage range is from 3% to 0% over the term of the bonds. For a prepayment penalty schedule, please contact the Assessment Management Group, Inc. at 702-796-0082.

How are public areas and public facilities handled? Public areas (those that generally benefit everyone within the Summerlin district) and public facilities such as parks, schools and roads are nonassessable. Is the assessment limited to the property I own? Yes. Under Nevada law, the assessment levied on any property owner’s tax parcel is limited to that individual piece of property. As a property owner, you will never be liable for any other owner’s inability to pay his/their assessment(s). Where can I get further information on Summerlin’s special improvement districts? Contact the Assessment Management Group, Inc. at 702-796-0082.

Sunset

159

Maule

Fort Apache

SID 815

Grand Canyon

SID 159

Hualapai

SID 404

Red R ock Ranch

Sahara

This map is the property of Howard Hughes Communities or its subsidiary and may not be modified. This map may be reproduced by real estate agents for relevant informational purposes only and does not indicate or imply affiliation or endorsement by the SUMMERLIN® development or Howard Hughes Communities. This map is provided “as is” and without warranty of any kind. SUMMERLIN and the Mountain Design are registered trademarks of Howard Hughes Communities. Updated 06.2026


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