Library district scales back request
Wednesday, Feb. 28, 2001 | 9:26 a.m.
A scaled down edition of the Clark County-Las Vegas Library District's proposal to build more libraries throughout the valley will be pitched to the county's Debt Management Commission on Thursday.
Rather than asking for a $74 million bond to construct six new buildings, the district will ask commissioners to approve a $46.5 million bond issue to cover the cost of four libraries.
The district opted to reduce their project after local government officials voiced concerns that the bond issue would push certain jurisdictions into the "red zone" of the state tax cap.
Each government entity tries to stay below 90 percent of the state's cap, which is $3.64 per $100 assessed valuation of a home.
The most outspoken officials opposed to the initial plan -- Las Vegas City Councilwoman Lynette Boggs McDonald and Clark County Commissioner Myrna Williams -- both sit on the debt management board.
Should the Debt Management Commission approve the bond issue, it will be placed on the municipal ballot in June.
Along with the bond issue, local governments would levy a special elective tax of up to two cents per $100 assessed valuation over a 30-year period.
The elective tax, also known as the override, will be used to pay for operating, maintaining, improving, acquiring, constructing and equipping the libraries.
If the bond issue is approved, it will be the first for the library district since 1991. Library officials have argued that some neighborhoods in which residents pay taxes that fund new facilities have no library within 2 miles of their homes.
The district plans to build new libraries in eastern Las Vegas, one at Compass Point in the southwest, one in the northwest and another in Mesquite.
archive
- Most Read
- Discussed
- Most E-mailed
- Binion’s to close all 365 rooms, lay off 100 workers
- Ex-NBA star to pay $12,835 monthly in gambling debt case
- Report: 70 percent of homeowners underwater
- Scuffle in pub parking lot leads to attorney’s arrest
- Rebels enter hoops rankings at No. 24
- The ins and outs of CityCenter traffic
- Palin craze puzzling, given ’08 disaster
- Harrah’s moves ahead with Planet Hollywood deal
- Man arrested for DUI after crashing into high school’s wall
- MGM Mirage begins lifting veil on CityCenter today
Blogs
The Kats Report
Dissimilar landmarks -- Binion's and CityCenter -- reflect today's Las Vegas
High School Sports Scene
Prep Football: State Championship
Elsewhere
UFC debut in Boston likely July or August (1 Comment)
The Kats Report
Planet Hollywood's Thomas McCartney headed for Tropicana (14 Comments)
Elsewhere
LV woman robs Kentucky strip club, police say (4 Comments)
Las Vegas Sands' Hong Kong IPO flops (3 Comments)
The Kats Report
Monday List: Top 13 Moments and Observations From Thanksgiving Weekend (4 Comments)
Calendar »
- 2 Wed
- 3 Thu
- 4 Fri
- 5 Sat
- 6 Sun
-
Nic Faniciulli at Godskitchen
Body English | 10:30 p.m. to 11:59 p.m.
-
Mischieve Wednesdays at T&T
Tacos and Tequila
-
Ben Sherman gift bag giveaways at Wasted Space
Wasted Space | 10 p.m. to 11:59 p.m.
The Sun
Locally owned and independent for more than 50 years.
Technorati





