Print
E-mail
Share
digg
Newsvine
Facebook
Stumble
Technorati
reddit
Fark
twitterDowntown land swap hits snag
Tuesday, Oct. 3, 2000 | 10:25 a.m.
The vaunted land swap that will net Las Vegas its "crown jewel" for downtown development will have to wait a few more weeks.
The agreement between the city and Lehman Brothers will be held for another two weeks as attorneys for both sides "tweak" the agreement, according to Lesa Coder, the city's director of business development.
Coder said she saw no serious concerns by either party, but wanted to allow the attorneys ample time to properly examine the agreement.
Under the proposed swap, the city would trade 99 acres in its Technology Center plus $2 million cash for 61.5 acres Lehman owns downtown.
The tentative agreement, reached in late June, anticipated the land swap going through on Sept. 1. The council's real estate committee held the item in abeyance Sept. 18 and again on Monday.
In addition to making sure the legal language is suitable, the attorneys will also be examining any potential environmental liability resulting from past contamination at the site.
archive
- Most Read
- Discussed
- Most E-mailed
- Pinnacle CEO resigns after meeting confrontation
- As earnings fall, Riviera unsure if bankruptcy can be avoided
- Trial set for parents of boy, 4, who died in hot vehicle
- Scientology foe’s arrest raises issue of rights
- Wynn Resorts to begin paying shareholder dividend
- Miguel Cotto camp says big cut in June fight an asset now
- Las Vegas home prices, sales rise in October
- NY-NY sues Calif. man alleging trademark infringement
- If you can rebuild the whole car, then why not allow an engine change?
- Cada cherishes moment as poker’s youngest champ
Blogs
The Kats Report
Of tanking, drugs and 'Slim': In 'Open,' Andre Agassi beats the odds
Robin Leach's Las Vegas Celebrity Watch
Who are the Final Four on Dancing With the Stars?
Politics: Ralston's Flash
Drugs bring Nevada governor, first lady back together (3 Comments)
Elsewhere
Macau's gambling industry faces nightmare of water rationing (3 Comments)
Top Chef: Las Vegas
Top Chef Odds Week 11: And then there were six
Politics: The Early Line
Rep. Berkley livens health care debate with story of her own (1 Comment)
Now and Then
Wranglers to face familiar foe and that's putting it mildly
Calendar »
- 11 Wed
- 12 Thu
- 13 Fri
- 14 Sat
- 15 Sun
-
Days of the New at Wasted Space
Wasted Space | 10 p.m. to 11:59 p.m.
-
DJ Boris at Godskitchen
Body English | 10:30 p.m. to 11:30 p.m.
-
Holding on to Sound at Beauty Bar
Beauty Bar | 10 p.m. to 11:59 p.m.
-
Rockabilly Wednesay at Revolution Lounge
Beatles Revolution Lounge | 10 p.m. to 11:59 p.m.
The Sun
Locally owned and independent for more than 50 years.
