Las Vegas - The Bureau of Land Management (BLM) will hold an oral auction, Thursday, January 16 at 10:00 a.m., to sell 440 acres of public land in 28 parcels in Clark County, Nev. The competitive sealed-bid and oral auction sale will be held in accordance with the Southern Nevada Public Land Management Act (SNPLMA).The parcels are offered at not less than fair market value totaling more than $25 million. A Notice of Realty Action published in the Sept. 12, 2013 Federal Register.
The sale will be held at the BLM Southern Nevada District Office at 4701 N. Torrey Pines Drive, Las Vegas, NV 89130. Bidder registration opens at 8:00 a.m. and the auction begins at 10:00 a.m.
Successful bidders are required to pay 20% of the full purchase price, in a cashiers check, by 3:30 p.m. on the day of sale. The remainder is due within 180 days. More information is available on the BLM website at http://www.blm.gov/nv/st/en/snplma.html
In accordance with the SNPLMA, the funds generated by this sale will be used throughout Nevada for projects such as the development of parks, trails, and natural areas, capital improvements on Federal lands, acquisition of environmentally sensitive land and Landscape restoration projects. Additionally, five percent of the revenue goes to the State of Nevada General Education Fund and 10 percent to the Southern Nevada Water Authority.
The sale parcels are identified for disposal and have been analyzed through the Las Vegas Disposal Boundary Environmental Impact Statement of Dec. 23, 2004. All resource issues have been identified and cleared. A Determination of National Environmental Policy Act Adequacy number DOI-BLM-NV-S010-2013-0093-DNA for this sale, which tiers to the 2004EIS, is available for public review and comment. The sale parcels lie within the approved disposal boundaries established in the Las Vegas RMP and ROD on October 5, 1998.
Source: U.S. Department of the Interior, Bureau of Land Management
