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CITY of LAS VEGAS, NEVADA (See Insidefrontcoverpage) MATURITY SCHEDULE $11,400,000* Due: June 1,Asshownontheinsidefrontcover NO RATING MATURITY SCHEDULE

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CITY of LAS VEGAS, NEVADA (See Insidefrontcoverpage) MATURITY SCHEDULE $11,400,000* Due: June 1,Asshownontheinsidefrontcover NO RATING MATURITY SCHEDULE PRELIMINARY OFFICIAL STATEMENT DATED JULY 6, 2017 NEW ISSUE (Book-Entry Only) NO RATING In the opinion of Sherman & Howard L.L.C., Las Vegas, Nevada, Bond Counsel, assuming continuous compliance with certain covenants described herein, interest on the Bonds is excluded from gross income under federal income tax laws pursuant to Section 103 of the Internal Revenue Code of 1986, as amended to the date of delivery of the Bonds (the “Tax Code”), and interest on the Bonds is excluded from alternative minimum taxable income as defined in Section 55(b)(2) of the Tax Code except that such interest is required to be included in calculating the “adjusted current earnings” adjustment applicable to corporations for purposes of computing the alternative minimum taxable income of corporations. See “TAX MATTERS—Federal Tax Matters.” $11,400,000* CITY OF LAS VEGAS, NEVADA Special Improvement District No. 813 (Summerlin Village 26) Local Improvement Bonds, Series 2017 Dated: Date of Delivery Due: June 1, as shown on the inside front cover The Bonds described herein are being issued by the City of Las Vegas, Nevada (the “City”) in order to: (i) finance the acquisition of certain public improvements specially benefitting property located within the City’s Special Improvement District No. 813 (Summerlin Village 26) (the “District”); (ii) fund a reserve fund securing the Bonds and (iii) pay the costs of issuing the Bonds. The Bonds are being issued pursuant to Nevada Revised Statutes Chapter 271 and a Trust Indenture, dated as of August 1, 2017 (the “Indenture”), by and between the City and The Bank of New York Mellon Trust Company, N.A. as trustee (the “Trustee”). The Bonds are issuable in fully registered form and, when issued, will be registered in the name of Cede & Co., as nominee of The Depository Trust Company, New York, New York. Individual purchases of Bonds may be made in principal amounts of $5,000 and integral multiples thereof. The Bonds will be in book‑entry form only, and purchasers thereof will not receive certificates representing their beneficial ownership but will receive credit balances on the books of their respective nominees. The Bonds will not be transferable or exchangeable except for transfer to another nominee of The Depository Trust Company or as otherwise described herein. Interest on the Bonds is payable semiannually on each June 1 and December 1, commencing on December 1, 2017. Such interest, and the principal of, and any premium on, the Bonds are payable by the Trustee to Cede & Co., and such payments are expected to be disbursed to the beneficial owners of the Bonds through their nominees. The Bonds are subject to redemption prior to maturity as described herein. The Bonds will be secured by the Trust Estate, which generally consists of: (i) special assessments levied by the City on all of the assessable property within the boundaries of the District and (ii) all moneys and securities from time to time held by the Trustee in the Bond Fund, the Redemption Fund and the Reserve Fund established pursuant to the Indenture. The Bonds do not constitute a debt of the City, and the City shall not be liable thereon except from the Trust Estate. The full faith and credit of the City is not pledged to the payment of the Bonds, and the payment of the Bonds is not secured by any encumbrance, mortgage or other pledge of property of the City except the pledge of the Trust Estate. THE BONDS ARE NOT RATED BY ANY RATING AGENCY, AND INVESTMENT IN THE BONDS INVOLVES RISKS WHICH MAY NOT BE APPROPRIATE FOR CERTAIN INVESTORS. THEREFORE, ONLY PERSONS WITH SUBSTANTIAL FINANCIAL RESOURCES WHO UNDERSTAND THE RISKS OF INVESTMENT IN THE BONDS SHOULD CONSIDER SUCH AN INVESTMENT. SEE THE SECTION OF THIS OFFICIAL STATEMENT ENTITLED “CERTAIN RISK FACTORS” FOR A DISCUSSION OF CERTAIN FACTORS WHICH SHOULD BE CONSIDERED, IN ADDITION TO THE OTHER MATTERS SET FORTH HEREIN, IN EVALUATING THE INVESTMENT QUALITY OF THE BONDS. This cover page contains certain information for quick reference only. It is not a summary of the Bonds offered pursuant hereto. Investors must read the entire Official Statement in order to obtain information essential to the making of an informed investment decision. MATURITY SCHEDULE (See inside front cover page) The Bonds are offered when, as and if issued and received by the Underwriter, subject to the approval of Sherman & Howard L.L.C., Las Vegas, Nevada, Bond Counsel, and to certain other conditions. Certain legal matters will be passed upon for the Underwriter by Stradling Yocca Carlson & Rauth, a Professional Corporation, Reno, Nevada and for the City by the City Attorney. It is anticipated that the Bonds will be available for delivery in book-entry form through the facilities of DTC on or about August 2, 2017. Dated: July __, 2017 This Preliminary Official Statement and the information contained herein are subject to completion or amendment. These securities may not be sold, nor may offers to buy them be accepted, prior to the time the Official Statement is delivered prior accepted, be buy them delivered is Statement Official the time to the to offers nor may sold, be not securities These may This Preliminary amendment. or completion to are subject herein contained the information and Statement Official solicitation or of, these securitiesany jurisdiction in in which such offer, any sale nor shall there be buy, to Under no circumstances shall this Preliminary to sell or the solicitation of an offer Official Statement constitute an offer form. in final be unlawful. sale would * Preliminary, subject to change. MATURITY SCHEDULE $__________ Serial Bonds Maturity Principal Interest CUSIP (June 1) Amount* Rate Yield Price No. † 2018 $295,000 2019 215,000 2020 220,000 2021 225,000 2022 230,000 2023 240,000 2024 245,000 2025 255,000 2026 265,000 2027 275,000 2028 285,000 2029 295,000 2030 305,000 2031 320,000 2032 335,000 2033 350,000 2034 365,000 2035 380,000 2036 400,000 2037 420,000 2038 440,000 2039 460,000 2040 480,000 2041 505,000 2042 530,000 2043 555,000 2044 585,000 2045 610,000 2046 640,000 2047 675,000 $________ ____% Term Bonds due June 1, 20__, Yield: _____% Price: ______ CUSIP No. † _______ * Preliminary, subject to change. † CUSIP® is a registered trademark of the American Bankers Association. CUSIP Global Services (CGS) is managed on behalf of the American Bankers Association by S&P Capital IQ. Copyright© 2017 CUSIP Global Services. All rights reserved. CUSIP® data herein is provided by CUSIP Global Services. This data is not intended to create a database and does not serve in any way as a substitute for the CGS database. CUSIP® numbers are provided for convenience of reference only. Neither the City nor the Underwriter takes any responsibility for the accuracy of such numbers. CITY OF LAS VEGAS, NEVADA CITY COUNCIL Carolyn G. Goodman, Mayor Steven D. Ross, Mayor Pro Tem(1) Lois Tarkanian, Councilwoman Ricki Y. Barlow, Councilman Stavros S. Anthony, Councilman Bob Coffin, Councilman Bob Beers, Councilman(2) CITY OFFICIALS Elizabeth N. Fretwell, City Manager(3) Gary Ameling, Chief Financial Officer Venetta Appleyard, Finance Director Bradford R. Jerbic, City Attorney BOND COUNSEL Sherman & Howard L.L.C. Las Vegas, Nevada TRUSTEE The Bank of New York Mellon Trust Company, N.A. Los Angeles, California FINANCIAL ADVISOR Zions Public Finance Las Vegas, Nevada APPRAISER Continental Realty Advisors – VSG Irvine, California MARKET ABSORPTION CONSULTANT RCG Economics LLC Las Vegas, Nevada (1) Steven D. Ross’ term expires on July 18, 2017 and will be succeeded by Michele Fiore on July 19, 2017. (2) Bob Beers term expires on July 18, 2017 and will be succeeded by Steve Seroka on July 19, 2017. (3) The City has appointed a new City Manager, Scott Adams, who will succeed Elizabeth N. Fretwell on July 7, 2017. Investment in the Bonds involves risks which may not be appropriate for certain investors. Therefore, only persons with substantial financial resources (in net worth and/or income) who understand (either alone or with competent investment advice) the risk of investment in the Bonds should consider such an investment. All information for investors regarding the City of Las Vegas, Nevada, its Special Improvement District No. 813 (Summerlin Village 26) and the Bonds is contained in this Official Statement. While the City maintains an internet website for various other purposes, none of the information available on this website is intended to assist investors in making any investment decision or to provide any continuing information with respect to the Bonds or any other bonds or obligations of the City. No dealer, broker, salesperson or other person has been authorized by the City to provide any information or to make any representations other than as contained herein and, if given or made, such other information or representation must not be relied upon as having been authorized by the City. This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Bonds by a person in any jurisdiction in which it is unlawful for such person to make such an offer, solicitation or sale. This Official Statement is not to be construed as a contract with the purchasers of the Bonds. Statements contained in this Official Statement that involve estimates, forecasts or matters of opinion, whether or not expressly so described herein, are intended solely as such and are not to be construed as a representation of facts. The information and expressions of opinion herein are subject to change without notice; and neither delivery of this Official Statement nor any sale made hereunder shall, under any circumstances, create any implication that there has been no change in the affairs of the City or its Special Improvement District No.
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