County votes to buy jail com­plex

Las Vegas Review-Journal - - NEVADA & THE WEST - By Shea John­son Las Ve­gas Re­view-jour­nal

Clark County will pay $215 mil­lion to buy the North Val­ley Com­plex de­ten­tion cen­ter it has leased for more than a decade. Of­fi­cials say the pivot will save the county at least $80 mil­lion.

“As one who never sup­ported the lease in the first place, I’m thrilled to get this off our books,” Com­mis­sioner Chris Gi­unchigliani saidtues­dayas­the­elect­ed­bodyu­nan­i­mously voted to ap­prove the pur­chase of the cor­rec­tional fa­cil­ity, ad­min­is­tra­tive build­ing and re­lated land and fa­cil­i­ties.

Of­fi­cials say they will bankroll the deal with in­terim fi­nanc­ing that will be sub­se­quently re­fi­nanced­with­gen­er­alobli­ga­tion­bondsse­cured by pledged con­sol­i­dated tax rev­enues.

The county cur­rently spends nearly $1.2 mil­lion per month in rent, plus bian­nual in­creases of 6 per­cent. The out­right pur­chase, which county of­fi­cials say was de­ter­mined by two cur­rent fair-mar­ket-value ap­praisals and ne­go­ti­a­tions, is pro­jected to save the county

at least $80 mil­lion over the next 20 years.

In Septem­ber 2007, the county en­tered into a 30-year lease agree­ment with PH Metro, which con­structed the 230,834-square-foot de­ten­tion cen­ter at 4900 North Sloan Lane in Lasve­gas.thetermsoft­he­lease­be­ganaug. 10, 2009. The deal con­tained a clause ac­cord­ing to which after 10 years, the county could buy the de­ten­tion cen­ter.

The fa­cil­ity, op­er­ated by the Metropoli­tan Po­lice De­part­ment, has the ca­pac­ity to hold 1,080 low-level of­fend­ers, county spokesman Erik Pappa said.

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