Smith, Hubble
June 2008
Las Vegas Business Press (10712186);6/16/2008, Vol. 25 Issue 24, pP18
The article reports that two motions have been filed by the appointed trustee for Mira Villa condominiums to facilitate the completion and sale of the project. The entry notes that the first motion is for a $46 million bond to complete first-phase construction, while the second motion will allow for the sale of condominium units to pay off existing debtor-in-possession loan. It also cites that $2.5 million in mechanics' liens have been filed by subcontractors on the property.


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