NPTR: Alert #182: New Bonds Equals New Property Taxes

[Wayne Fischer]

NEW BONDS EQUALS NEW PROPERTY TAXES

ALERT: #182
DATE: October 18, 2008
TO: Incline Village & Crystal Bay Property Owners
FROM: Village League Tax Revolt Committee

Dear Incline Village & Crystal Bay Property Tax Protesters,

The following Opinion Guest Column in yesterday’s Bonanza expresses a concern about the formation of the Town of Incline Village that could result in an increase in your property taxes via the creation of new bonds used to acquire “blighted” property.

Best Regards,
Wayne Fischer, Webmaster
Nevada Property Tax Revolt Web
www.NevadaPropertyTaxRevolt.org




The idea to create the Town of Incline Village is terrifying
Bonanza Guest Column, page A11, October 17, 2008, www.TahoeBonanza.com

By Maryanne Ingemanson
Special to the Bonanza

At first, I was neutral about the proposed Town of Incline Village. However, I did notice that the only two items that were to be “improved” by incurring this risk were the addition of an “animal control” department and control over land planning and zoning in Incline Village and Crystal Bay. As there is very little available land yet to be developed in our area it seemed a bit of overkill to hire a “senior planner” and staff to facilitate this function.

One of the members of the Independent Incline committee, strenuously proposing this change from the IVGID, is a real estate developer. I surmised that the idea to create the town might be a benefit to his business.

As the voting date drew ever closer I decided to learn more about this plan by attending the hearing sponsored by the Bonanza at The Chateau on Tuesday Oct. 14, 2008.

At the meeting, Incline resident John Mascarich, a proponent of the Town of Incline, used the word “blight” numerous times in his Power Point presentation. In the governmental and real estate worlds, the word “blight” signals the beginning of an “eminent domain” action against privately owned property in anticipation of area “redevelopment.”

A Nevada “town” has the power to “eminent domain” property as well as to issue bonds for general improvement or for redevelopment. In order to implement the proposed “master plan,” which has yet to be presented, the “town” will be able to re-zone areas (which re-zoning then becomes law), issue bonds to proceed to acquire those properties which stand in the way of the desired result and then proceed with an action to eminent domain the private land. Of course the taxpayers have to make the bond payments which become a lien against their parcels.

The committee for the new “town” states that no new property taxes will be needed. How about bond payments?

A tax by any other name…

This proposal for a “town” could become an enormous land grab with an unlimited profit potential by a few savvy individuals, while changing Incline into another casino/hotel, timeshare-driven replica of a South Tahoe, Northstar or Squaw Valley type development.

The presentation by the committee members promoting this move was slick, well-prepared and well-financed. Who is actually behind this effort?

Below is an email written by Ed Gurowitz, an advocate for Independent Incline, to other members of the “town” committee, with this single line.

“For a cabal that is committed to advancing our own special interests, we’re not very well organized.”
Webster’s dictionary defines a cabal as follows:

• A small group of persons joined in a secret design or scheme.
• A plot — a secret, usually evil project or scheme; conspiracy.

This proposed new “town” scheme is terrifying!


Maryanne Ingemanson is an Incline Village resident
and president of the Village League to Save Incline Assets.

---------------------------------

Village League to Save Incline Assets Board Members:
- Maryanne Ingemanson, President
- Dale Akers, Historian
- Les Barta, Law Research
- John Carney, Analyst
- Wayne Fischer, Webmaster
- Ted Harris, Tax Revolt Committee Chairman
- Todd Lowe, Financial,
- Chuck Otto, Public Relations 


Village League to Save Incline Assets, Inc.
Non-Profit Corporation - FEIN 88-0399029
1165 Vivian Lane, Incline Village, NV 89451
Phone: 775-831-4011, Fax 775-831-0325
www.NevadaPropertyTaxRevolt.org

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