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STATELINE, Nev. While a redevelopment agency approved to help fund a Stateline event center will disappear as of Jan. 1, its $1.3 million ghost will continue to haunt Douglas County. Voters decided to eliminate the district after a petition placed an initiative on the ballot. Slightly a week after the petition was certified, county commissioners approved a contract with the Tahoe Douglas Visitors Authority providing $34.25 million to build the center. At their Dec. 17 meeting, county commissioners were told that bonds have been sold as a result of the action and preliminary construction has begun. “From a legal standpoint, legislative action generally cannot impair a pre-existing contractual obligation,” Deputy District Attorney Zach Wadlé said. “But at the same time, no other redevelopment area and no tax increment can be collected beyond what’s required.” ....
Buckeye Farms specific plan wins approval recordcourier.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from recordcourier.com Daily Mail and Mail on Sunday newspapers.
Buckeye Farms plan, Muller Lane design up on Thursday recordcourier.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from recordcourier.com Daily Mail and Mail on Sunday newspapers.