Las Vegas Sun

December 6, 2009

Currently: 50° | Complete forecast | Log in

Boulder City Question

Thursday, Oct. 14, 2004 | 12:44 p.m.

Boulder City voters will decide whether to sell land around the Boulder Creek Golf Club to pay off some of the debt used to build that course.

Homes are expected to be built on the land if the sale is approved.

The proposed land sale is on the ballot because Boulder City's Charter requires all sales of an acre or more or city property be approved by voters.

A yes vote on the question would approve the sale of the land, which is generally northeast of the golf course.

The money raised from a sale would be used to help pay off $10 million in revenue bonds, plus a $3.25 million loan used to purchase equipment. Any remaining money would be used to help pay off the $8 million loan from the city Utility Fund that went toward construction of the course.

The argument against the sale includes the claim that the city has not studied how best to solve its financial problems, and a no vote would give more time to consider other options.

Also, if the land is sold there is a possibility the city would be legally obligated to keep the course open, although city officials disagree with this assertion.

archive

  • Most Read
  • Discussed
  • Most E-mailed

Complete Listing

Calendar »

  • 6 Sun
  • 7 Mon
  • 8 Tue
  • 9 Wed
  • 10 Thu

All events on Sunday »