a city of millionaires

8 05 2006

But not in the way you might expect… this is one of those cases of being in the right place at the right time.

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.

I suspect this vote will pass easily.

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