SMRs and AMRs

Monday, December 03, 2007

Nevada Learns to Cash in on Sales of Federal Land

By JESSE McKINLEY and GRIFFIN PALMER
New York Times

LAS VEGAS — When it opens in 2009, the Clark County Shooting Park will be something to behold, through a scope or otherwise: hundreds of acres devoted to all things gun and bow, complete with a rifle range, a skeet center and an R.V. “host area.”

The coming Craig Ranch Regional Park, due in 2010, should be impressive too, with plans calling for an amphitheater, an aquatics center and sand volleyball courts, all wound around native gardens and wetlands.

Much of the financing for the projects has not come from familiar sources, like local taxes, bond issues or private donations. Instead, they are being paid for through the sales of public lands owned by the federal government.

Tens of thousands of acres of federal lands in the Las Vegas area have been sold under an unusual law pushed through Congress nearly a decade ago by the Nevada delegation. The sales have grossed nearly $3 billion and counting.

Because of a stipulation created by the Nevada legislators, the money has not been deposited into the general federal Treasury, but rather put in a special Treasury account to be spent almost exclusively in Nevada on a something-for-everyone collection of projects.

(Continued here.)

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