WASHINGTON, Sept. 10 -- The U.S. Department of the Interior's Bureau of Land Management issued the following press release:
RENO, Nev. - The Bureau of Land Management today announced the sale of nearly 940 acres of federally managed public land to the City of Las Vegas, clearing the way for a master-planned community of up to 6,000 homes at a time when Southern Nevada faces one of the nation's most acute housing shortages. The $94 million sale, conducted at appraised fair market value, will generate substantial funding for conservation, recreation, water and education across the state of Nevada.
The land, which is between the Las Vegas Paiute Tribe's Snow Mountain Reservation and Tule Springs Fossil Beds National Monument, was selected be...