Wednesday, May 10, 2006

Residents of Boulder City could vote on a plan to make every man, woman and child there a millionaire!

BOULDER CITY, Nev. -- One of the biggest jackpots in Nevada may not be a casino.

Residents of Boulder City could vote on a plan to make every man, woman and child there a millionaire.

An initiative that could be on the November ballot calls for the city to sell 167 square miles of undeveloped open land in one of the hottest real estate markets in the country. The property is about 25 miles southeast of Las Vegas.

The ballot measure would require the city to distribute the billions to the 15,000 residents of Boulder City.

But it's too late to move there. Only people who lived in Boulder City as of March 31 would qualify.

However, residents shouldn't start counting their millions just yet. City officials said they intend to fight the forced land sale initiative in court.

Sure makes you wish you were a resident eh?

5 comments:

Keshi said...

I quite didnt u'stand the plan...cud u explain further Jay, plz :) thanks!

Keshi.

Aditi said...

Hmm yea living not so far from vegas and being a millionaire.. not a bad way to get by =)

karmic_jay said...

I agree Aditi..nothing like living close to sin city with millions to spare!


Keshi, The town owns the land. Las Vegas is one of the hottest real estate markets around and the twon is only 25 miles away. So the town's land is prime real estate. If they sell the land, the proposal on the ballot is to distribute the money made from selling the undeveleoped land to the city residents. The townspeople will vote on the measure. But it might be tiedup in the courts, hope that helps. :)

opinionatedinjerzee said...

my parents own a few properties in las vegas.. all though it is nice to go there for a week i would not want to live there.. so maybe these people deserve the millions!! It is hot as hell there!! Last time i was there it was 112 degrees there!!!

Keshi said...

**If they sell the land, the proposal on the ballot is to distribute the money made from selling the undeveleoped land to the city residents.

oh ok...got ya, thanks! Thats such a lucky lot then!

Keshi.