Las Vegas - The Bureau of Land Management (BLM) will hold an auction Tuesday, December 2 at 10 a.m. to sell 40 parcels of public land, totaling 516.18 acres. Parcels vary in size from 2.5 to 160 acres and are located in the southwestern portion of the Las Vegas Valley.
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 $63 million. A Notice of Realty Action published in the Aug. 11, 2014 Federal Register.
The sale will be held at the at the City of North Las Vegas, 2250 Las Vegas Boulevard North, Council Chambers, North Las Vegas, Nevada 89030. Bidder registration opens at 8 a.m. and the auction begins at 10 a.m. Successful bidders are required to pay 20 percent of the full purchase price, in a cashier’s check, by 3:00 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/Land_Auctions.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-S010-2014-0052-DNA for this sale, which tiers to the 2004 EIS, 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
