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Sale of the Century By Geoff Schumacher Las Vegas Urban sprawl may be the bane of 21st-century American life, but federal land managers in Nevada have found an innovative way to make it work for the environment. The Bureau of Land Management owns tens of thousands of acres of undeveloped land in the fast-growing Las Vegas area. Rather than trying to manage the hodgepodge of large and small parcels, most of them surrounded by development, the BLM has targeted them for sale. In the past, the federal agency engineered massive, complicated land swaps in which a developer seeking a prime BLM tract would buy up environmentally sensitive areas elsewhere and exchange them for the land. But the process came under heavy fire in the mid-'90s, when an investigation showed that the government was losing millions of dollars in lopsided swaps favoring developers. Nevada's congressional delegation came up with a solution: auction the BLM's urban holdings in Las Vegas to the highest bidders and use the proceeds to buy valuable habitat and riparian areas held privately. The auction proceeds stay in Nevada rather than being deposited in the federal treasury.
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