Oct 13 2006

The Reid Kickbacks

Published by at 9:50 am under All General Discussions,Reid's Land Deals

Update:Folks, head to the comments section where long time reader SBD is working his usual magic and posting multiple real estate transactions with one Harry Reid regarding properties in NV and buyers/sellers from all over (including my home town of McLean VA). I wonder how many of these reports made it accurately into the public record? Someone at AT seems to have found some answers. – End Update

Senate Majority Minority Leader Harry Reid needs to step down from his leadership position right now and undergo a full investigation of his activities. Once again it seems the media is mostly turning a blind eye to what is clearly a probable case of buying influence by kicking back profits to a Senator who pushed legislation and peddled his influence in ways that helped create the profits he recieved. The fact the connection between Reid and the land developer he assisted was covered up in an UNDOCUMENTED (and therefore theoretical) business deal is what makes this look like a story of covering up (instead of whatever lame excuse Reid and Brown are trotting out).

Again it was one of those rare days I was in the car and Rush was on that I learned the so-called business arrangement was ‘undocumented’. Hate to inform all those legal eagles in the Democrat party – but unless it is documented it is not a business or a business arrangement. Without a contract it is nothing.

Look at what Reid did to make his land purchase a windfall of nearly 3/4’s of a million dollars without any documentation (or taxes, speaking of giving tax breaks to the rich):

Nevada land deeds show Reid and his wife first bought the property in January 1998 in a proposed subdivision created partly with federal lands transferred by the Interior Department to private developers.

Reid’s two lots were never owned by the government, but the piece of land joining Reid’s property to the street corner _ a key to the shopping center deal _ came from the government in 1994. [AJStrata: making the property Reid bought valuable IF the land were to be developed, and basically useless otherwise]

Around the time of the 1998 sale, Lessman and his company were completing a complicated federal land transfer that also involved an Arizona-based developer named Del Webb Corp.

In the deal, Del Webb and Perma-Bilt purchased environmentally sensitive lands in the Lake Tahoe area, transferred them to the government and then got in exchange several pieces of valuable Las Vegas land.

Lessman was personally involved, writing a March 1997 letter to Interior lobbying for the deal. “This exchange has been through many trials and tribulations … we do not need to create any more stumbling blocks,” Lessman wrote.

For years, Reid also had been encouraging Interior to make land swaps on behalf of Del Webb, where one of his former aides worked.

What is clear is Reid only purchased the land after some initial hurdles were cleared – specifically the land swap where developers bought useless property (“environmentally sensitive” means no development, none) in one state and then traded it in for property someplace else where they could develop. It is only after this first hurdle is passed does Reid make is purchase. But even at this early stage Reid was trading political pressure for donations:

In 1994, Reid wrote a letter with other Nevada lawmakers on behalf of Del Webb, and then met personally with a top federal land official in Nevada. That official claimed in media reports he felt pressured by the senator. Reid denied any pressure.

The next year, Reid collected $18,000 in political donations from Del Webb’s political action committee and employees. Del Webb’s efforts to get federal land dragged on.

Is it far fetched to assume the initial coordination would lead to ideas on how to really cash-in? And not in political donations, but personal wealth!

Clark County intended for the property Reid owned to be used solely for new housing, records show. Just days before Reid sold the parcels to Brown’s company, Brown sought permission in May 2001 to rezone the properties so a shopping center could be built.

Career zoning officials objected, saying the request was “inconsistent” with Clark County’s master development plan. The town board in Spring Valley, where Reid’s property was located, also voted 4-1 to reject the rezoning.

Brown persisted. The Clark County zoning board followed by the Clark County Commission voted to overrule the recommendation and approve commercial zoning. Such votes were common at the time.

So somehow the land that was not available became available – and Reid purchased it. And somehow the land that was zoned residential (and therefore would gain marginal value over time) became rezoned right before Reid ‘sold’ the land to this shell company for what he paid for it! For NO PROFIT. Not even the normal inflation of money. This is right after the zoning came through that would drastically increase its value! One could have said how unfortunate that Reid sold right at the time the value would start shooting up. But he did not sell the land it seems, he simply transferred it in some verbal, mythical business deal. So when the land did sell to a developer, Reid – who clearly sold the land to this company – got a huge (and hidden) windfall.

Are we to believe Reid’s well timed moves and his clear ‘selling’ of his land with zero increase in price at a time the land’s value would begin skyrocketing to business entity without any mention of Reid’s involvement or ownership, and his willingness to cough up $400K worth of real estate without any written agreement of interest in said business, is all innocent?

Update: This news about Reid makes one wonder what kinds of real estate deals is he in on in this area of Nevada, given the fact he is working in opposition to his liberal base.

A large coalition of environmental groups is challenging legislation by Nevada’s two U.S. senators that would create almost 550,000 acres of wilderness in White Pine County but allow private development on other federal land.

The environmentalists say that surrendering 45,000 acres in that county to development in exchange for wilderness protection is a bad deal that a Congress controlled by Democrats would be less likely to approve. The groups want a delay to see whether Democrats succeed in taking control of the House or Senate in the Nov. 7 elections.

The White Pine County bill is one of four pieces of legislation the environmental groups oppose. The others involve similar land-use exchanges in Idaho and Utah.

“All of them have this quid pro quo strategy of giving away public land in one place for protection in another place,” said Janine Blaeloch, director of the Western Lands Project. “If wilderness is going to be protected, it should not happen at the cost of losing the rest of our public lands.”

Senate Minority Leader Harry Reid, D.-Nev., and his Republican colleague, Sen. John Ensign, drafted the White Pine County bill. It would trade federal wilderness protections, which generally prohibit development and restrict most motorized recreation, on some lands for the privatization of other lands.

The bill is modeled after a 1998 bill, the Southern Nevada Public Land Management Act, which set aside land for wilderness and designated other land for sale for private development and other uses.

This deal has all the characteristics of the other one. I wonder if Reid has some verbal business agreements here as well?

37 responses so far

37 Responses to “The Reid Kickbacks”

  1. carol johnson says:

    Yeah, and doesn’t his own son sit on the Clarke Co Board or Commission? Thought I heard that somewhere. Regardless, Harry needs to step down and face the music. This is what REAL corruption looks like…doesn’t matter if it’s a Democrat or a Republican.

    RESIGN MR. REID…RESIGN NOW!!!

    Carol

  2. Limerick says:

    Yeah, in Texas we would call it corruption, but in Chicago…er Vegas… its just business!

  3. Yeah, but will he give back the $68,000 now?…

    Harry Reid’s house of cards is coming down.
    “Senate Democratic Leader Harry Reid collected a $1.1 million windfall on a Las Vegas land sale even though he hadn’t personally owned the property for three years, property deeds show.
    In t…

  4. sloop says:

    hey nancy – start with your swamp before you think about draining ours

  5. retire05 says:

    Let me see…… Reid buys property for $400,000. He then transfers ownership of that property to a LLC for yep, $400,000. He claims on his financial statement he still owns the property although he, and the little wife, sign the title transfer to Patrick Lane, LLC.
    So does this mean that if you transfer the title on a peice of property (or car, horse, boat, motorhome) to someone else, you still own it?
    Basically, Reid got a $1.1 million kickback for the little favors he did.

  6. Barbara says:

    AJ

    Please correct in the first sentence of your post Majority Leader Harry Reid. Seeing that makes me want to hurl.

    Reid has been caught in other scams but nothing happened to him. I doubt anything will happen this time either. Only republicans are supposed to honest.

  7. MerlinOS2 says:

    An American Thinker article links to a pdf of the Reid family land deals

    Gotta read it
    http://www.latimes.com/media/acrobat/2003-06/8306315.pdf

  8. sbd says:

    CLARK COUNTY, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR CLARK COUNTY, NV

    Buyer: CLARK COUNTY (Government)

    Buyer Mailing Address: 500 S GRAND CENTRAL, LAS VEGAS, NV 89155

    Seller: REID, HARRY M; BROWN, JAY H

    **************************** SALES INFORMATION *****************************

    Sale Date: 11/9/2001

    Recorded Date: 9/17/2002

    Book/Page: 20020917/1046

    Deed Type: QUIT CLAIM DEED

    Assessor’s Parcel Number: 243-34-401-011

    Legal Description: SEC/TWN/RNG/MERIDIAN: POR S2 S34T28SR63E MDM

    *************************** PROPERTY DESCRIPTION ***************************

    Land Use: LAND (UNIMPROVED)

    *************************************************************

    CLARK COUNTY, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR CLARK COUNTY, NV

    Buyer: CLARK COUNTY (Government)

    Buyer Mailing Address: 500 S GRAND CENTRAL, LAS VEGAS, NV 89155

    Seller: REID, HARRY M

    **************************** SALES INFORMATION *****************************

    Sale Date: 11/9/2001

    Recorded Date: 9/17/2002

    Book/Page: 20020917/1048

    Deed Type: QUIT CLAIM DEED

    Assessor’s Parcel Number: 243-34-701-003

    Legal Description: SEC/TWN/RNG/MERIDIAN: POR S2 S34T28SR63E MDM

    SBD

  9. sbd says:

    CLARK COUNTY, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR CLARK COUNTY, NV

    Buyer: DESERT OAK DEVELOPMENT INC (Company/Corporation)

    Buyer Mailing Address: 6075 S EASTERN, UNIT 12, LAS VEGAS, NV 89109

    Seller: GOODMAN, JORDAN (Trustee/Conservator); GOODMAN, ZELDA J (Trustee/Conservator); REID, HARRY (Trustee/Conservator); REID LTD PROFIT SHARING TRUST (Minor/Ward/Client)

    **************************** SALES INFORMATION *****************************

    Sale Date: 7/30/1997

    Recorded Date: 9/25/1997

    Sale Price: $ 1,560,000 (Full Amount Computed From Transfer Tax)

    County Transfer Tax: $ 3,900.00

    Book/Page: 970925/3659

    Deed Type: DEED

    Assessor’s Parcel Number: 125-22-501-001

    Legal Description: SEC/TWN/RNG/MERIDIAN: NW4NE4 S22T19SR60E MDB&M

    *************************** MORTGAGE INFORMATION ***************************

    Title Company: OLD REPUBLIC TITLE COMPANY

    ***************************************************
    CLARK COUNTY, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR CLARK COUNTY, NV

    Buyer: DESERT OAK DEVELOPMENT INC (Company/Corporation)

    Buyer Mailing Address: 6075 S EASTERN AVE, UNIT 12, LAS VEGAS, NV 89109

    Seller: REID, HARRY (Trustee/Conservator); REID, LANDRA; KANTER, DENNIS (Single or Unmarried Man); KANTER, LOIS (Single or Unmarried Woman); THE DAVID B & RITA BLISS REVOCABLE FAMIL (Revocable Trust); GRAYSON, JACQUELINE S (Trustee/Conservator); MORRISON, ELAINE F (Trustee/Conservator)

    Seller Mailing Address: 520 S 4TH ST, LAS VEGAS, NV 89101

    **************************** SALES INFORMATION *****************************

    Sale Date: 7/30/1997

    Recorded Date: 9/25/1997

    Sale Price: $ 820,000 (Full Amount Computed From Transfer Tax)

    County Transfer Tax: $ 2,050.00

    Book/Page: 970925/3690

    Deed Type: DEED

    Assessor’s Parcel Number: 125-22-102-001

    Legal Description: LOT: 1; RECORDER’S MAP REFERENCE: PM1 PG22

    *************************** MORTGAGE INFORMATION ***************************

    Lender: HARRY REID

    Type of Mortgage: SELLER TAKE-BACK

    Loan Amount: $ 650,000

    Title Company: OLD REPUBLIC TITLE COMPANY

    SBD

  10. sbd says:

    CLARK COUNTY, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR CLARK COUNTY, NV

    Buyer: DURGIN, RALPH; DURGIN, SAUNDRA (Husband and Wife); MARSHALL, ELMER G (Individual(s)), Community Property

    Buyer Mailing Address: 7460 MOUNTAINBORO LN, LAS VEGAS, NV 89120

    Seller: REID, HARRY (Trustee/Conservator); THE HARRY REID PROFIT SHARING PLAN

    Seller Mailing Address: 1326 KIRBY RD, MCLEAN, VA 22101-2409

    **************************** SALES INFORMATION *****************************

    Sale Date: 8/9/2000

    Recorded Date: 8/24/2000

    Sale Price: $ 879 (Full Amount)

    County Transfer Tax: $ 2.50

    Book/Page: 20000824/860

    Deed Type: BARGAIN AND SALE DEED

    Assessor’s Parcel Number: 243-34-201-011

    Legal Description: SEC/TWN/RNG/MERIDIAN: S2NW4 S34T28SR63E MDM

    *************************** PROPERTY DESCRIPTION ***************************

    Land Use: LAND (UNIMPROVED)

    Lot Size: 1.83 ACRES

    CLARK COUNTY, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR CLARK COUNTY, NV

    Buyer: REID, HARRY; THE HARRY REID PROFIT SHARING PLAN (Company/Corporation), Trust

    Buyer Mailing Address: 1326 KIRBY RD, MCLEAN, VA 22101-2409

    Seller: DURGIN, RALPH; DURGIN, SAUNDRA; MARSHALL, ELMER G

    Seller Mailing Address: 7460 MOUNTAINBORO LN, LAS VEGAS, NV 89120

    **************************** SALES INFORMATION *****************************

    Sale Date: 11/20/1999

    Recorded Date: 2/17/2000

    Sale Price: $ 876 (Full Amount)

    County Transfer Tax: $ 2.50

    Book/Page: 20000217/1669

    Deed Type: BARGAIN AND SALE DEED

    Assessor’s Parcel Number: 243-34-201-001

    Legal Description: SEC/TWN/RNG/MERIDIAN: POR S2NW4 S34T28SR63E MDM

    *************************** PROPERTY DESCRIPTION ***************************

    Land Use: LAND (UNIMPROVED)

    Lot Size: 0.67 ACRES

    CLARK COUNTY, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR CLARK COUNTY, NV

    Buyer: E G MARSHALL CONSTRUCTION CO (Company/Corporation); DURGIN, RALPH; DURGIN, SAUNDRA C (Husband and Wife), Joint Tenancy

    Buyer Mailing Address: PO BOX 67087, BOULDER CITY, NV 89006

    Seller: REID, HARRY M (Trustee/Conservator); HARRY REID PROFIT SHARING PLAN; REID, HARRY a/k/a

    Seller Mailing Address: 1155 23RD ST NW, UNIT 2E, WASHINGTON, DC 20037

    **************************** SALES INFORMATION *****************************

    Sale Date: 9/19/2001

    Recorded Date: 12/18/2001

    Sale Price: $ 24,000 (Full Amount)

    County Transfer Tax: $ 60.00

    Book/Page: 20011218/2610

    Deed Type: BARGAIN AND SALE DEED

    Assessor’s Parcel Number: 243-34-201-012

    Legal Description: SEC/TWN/RNG/MERIDIAN: POR S2NW4 S34T28SR63E MDB&M

    *************************** MORTGAGE INFORMATION ***************************

    Lender: HARRY REID PROFIT SHARING PLAN

    Type of Mortgage: SELLER TAKE-BACK

    Loan Amount: $ 19,000

    Title Company: LAND TITLE

    CLARK COUNTY, NV 428 S 4TH ST, LAS VEGAS, NV 89101

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR CLARK COUNTY, NV

    Buyer: MARKIL LLC (Company/Corporation)

    Buyer Mailing Address: 1640 W ALTA DR, UNIT 4, LAS VEGAS, NV 89106

    Seller: REID, HARRY M; REID, LANDRA J; ALVERSON, JOHN BRUCE (Husband and Wife); ALVERSON, IRENE M

    Seller Mailing Address: 7401 W CHARLESTON BLVD, LAS VEGAS, NV 89102

    Property Address: 428 S 4TH ST, LAS VEGAS, NV 89101

    **************************** SALES INFORMATION *****************************

    Sale Date: 10/14/1999

    Recorded Date: 2/29/2000

    Sale Price: $ 716,000 (Full Amount)

    County Transfer Tax: $ 1,790.00

    Book/Page: 20000229/2849

    Deed Type: BARGAIN AND SALE DEED

    Assessor’s Parcel Number: 139-34-311-120

    Legal Description: LOT: 19&20; SUBDIVISION: CLARKS LAS VEGAS TOWNSITE; RECORDER’S MAP REFERENCE: MB1 PG37

    *************************** MORTGAGE INFORMATION ***************************

    Lender: BANKWEST OF NEVADA

    Type of Mortgage: BUILDING/CONSTRUCTION LOAN

    Loan Amount: $ 810,000

    Title Company: NEVADA TITLE COMPANY

    CLARK COUNTY, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR CLARK COUNTY, NV

    Buyer: MARTIN, BRYAN L; MARTIN, JENNIFER (Husband and Wife), Joint Tenancy

    Buyer Mailing Address: 6276 N FIRST, UNIT 105, FRESNO, CA 93710

    Seller: REID, HARRY M (Trustee/Conservator); REID, LANDRA J (Trustee/Conservator); REID FAMILY TRUST AGREEMENT (Family Trust); BROWN, JAY H; BROWN, SHARYN M (Husband and Wife)

    Seller Mailing Address: 1155 23RD ST NW, UNIT 2E, WASHINGTON, DC 20037

    **************************** SALES INFORMATION *****************************

    Sale Date: 1/20/2004

    Recorded Date: 1/29/2004

    Sale Price: $ 12,000 (Full Amount)

    County Transfer Tax: $ 61.20

    Book/Page: 20040129/2154

    Deed Type: BARGAIN AND SALE DEED

    Assessor’s Parcel Number: 243-34-401-014

    Legal Description: LOT: A; RECORDER’S MAP REFERENCE: PM102 PG92

    *************************** MORTGAGE INFORMATION ***************************

    Title Company: LAWYERS TITLE OF NEVADA

    *************************** PROPERTY DESCRIPTION ***************************

    Land Use: LAND (UNIMPROVED)

    CLARK COUNTY, NV SEARCHLIGHT, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY RECORD FOR CLARK COUNTY, NV

    ESTIMATED ROLL CERTIFICATION DATE JANUARY 1, 2006

    Owner: REID FAMILY TRUST AGREEMENT; REID HARRY M & LANDRA J TRS (Trustee/Conservator)

    Mailing Address: C/O RESIDENCES AT THE RITZ-CARLTON, 1155 23RD ST NORTHWEST #2E, WASHINGTON, DC 20037-3302

    Property Address: SEARCHLIGHT, NV

    **************************** SALES INFORMATION ***************************

    Recorded Date: 05/15/2001

    Sale Price: $ 1,500 (Full Amount)

    Book/Page: 105/

    Document Number: 1502446

    ************************** ASSESSMENT INFORMATION *************************

    Assessor’s Parcel Number: 243-22-301-001

    Legal Description: DISTRICT: SRCH; CITY: SEARCHLIGHT; SEC/TWN/RNG/MERIDIAN: PART OF N2 SW4 S22 T28S R63E; ASSESSOR’S MAP REFERENCE: MS SURV#3939

    Brief Description: PT MINERAL SURVEY #3939 CUSHMAN #1 PT N2 SW4 SEC 22 28 63

    Market Value Year: 2005

    Market Land Value: $ 10,000

    Total Market Value: $ 10,000

    Land Use: NOT IMPROVED/VACANT LAND

    Assessment Year: 2006

    Assessed Land Value: $ 3,500

    Total Assessed Value: $ 3,500

    ***************************** TAX INFORMATION *****************************

    Tax Rate Code: 700

    ************************* PROPERTY CHARACTERISTICS *************************

    Year Built: No. of Buildings:
    Stories: Style:
    Units: Air Conditioning:
    Bedrooms: Heating:
    Baths: Construction:
    Partial Baths: Basement:
    Total Rooms: Exterior Walls:
    Fireplace: Foundation:
    Garage Type: Roof:
    Garage Size: Elevator:
    Pool/Spa: Lot Size: 17.75 AC
    Building Area:

    TAPE PRODUCED BY COUNTY: 2/2006

    CLARK COUNTY, NV 900 STATE HWY 164, SEARCHLIGHT, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY RECORD FOR CLARK COUNTY, NV

    ESTIMATED ROLL CERTIFICATION DATE JANUARY 1, 2006

    Owner: REID FAMILY TRUST AGREEMENT; REID HARRY M & LANDRA J TRS (Trustee/Conservator)

    Mailing Address: C/O RESIDENCES AT THE RITZ-CARLTON, 1155 23RD ST NORTHWEST #2E, WASHINGTON, DC 20037-3302

    Property Address: 900 STATE HWY 164, SEARCHLIGHT, NV

    **************************** SALES INFORMATION ***************************

    Recorded Date: 12/31/2001

    Book/Page: 112/

    Document Number: 3102070

    ************************** ASSESSMENT INFORMATION *************************

    Assessor’s Parcel Number: 243-27-401-001

    Legal Description: DISTRICT: SRCH; CITY: SEARCHLIGHT; SEC/TWN/RNG/MERIDIAN: PART OF S2 S2 S27 T28S R63E

    Brief Description: GOV LOT 19

    Market Value Year: 2005

    Market Land Value: $ 23,500

    Market Improvement Value: $ 203,283

    Total Market Value: $ 226,783

    Land Use: SINGLE FAMILY RESIDENTIAL

    Assessment Year: 2006

    Assessed Land Value: $ 8,225

    Assessed Improvement Value: $ 71,149

    Total Assessed Value: $ 79,374

    ***************************** TAX INFORMATION *****************************

    Tax Rate Code: 700

    ************************* PROPERTY CHARACTERISTICS *************************

    Year Built: 2002 No. of Buildings:
    Stories: 1 Style:
    Units: Air Conditioning: Central
    Bedrooms: 2 Heating: Forced Air Unit
    Baths: 2.00 Construction: Frame
    Partial Baths: Basement:
    Total Rooms: 5 Exterior Walls: Stucco
    Fireplace: 2 Foundation:
    Garage Type: Roof: Tile
    Garage Size: Elevator:
    Pool/Spa: Lot Size: 4.70 AC
    Building Area: 2475

    TAPE PRODUCED BY COUNTY: 2/2006

    CLARK COUNTY, NV SEARCHLIGHT, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY RECORD FOR CLARK COUNTY, NV

    ESTIMATED ROLL CERTIFICATION DATE JANUARY 1, 2006

    Owner: REID FAMILY TRUST AGREEMENT; REID HARRY M & LANDRA J TRS (Trustee/Conservator)

    Mailing Address: C/O RESIDENCES AT THE RITZ-CARLTON, 1155 23RD ST NORTHWES #2E, WASHINGTON, DC 20037-3302

    Property Address: SEARCHLIGHT, NV

    **************************** SALES INFORMATION ***************************

    Recorded Date: 05/15/2001

    Sale Price: $ 8,000 (Full Amount)

    Book/Page: 105/

    Document Number: 1502443

    Document Type: ARMS’-LENGTH TRANSACTION

    ************************** ASSESSMENT INFORMATION *************************

    Assessor’s Parcel Number: 243-34-101-009

    Legal Description: DISTRICT: SRCH; CITY: SEARCHLIGHT; SEC/TWN/RNG/MERIDIAN: PART OF NE4 NW4 S34 T28S R63E; ASSESSOR’S MAP REFERENCE: MS SURV#3902

    Brief Description: PT MINERAL SURVEY #3902 ORO FLAME

    Market Value Year: 2005

    Market Land Value: $ 26,500

    Total Market Value: $ 26,500

    Land Use: NOT IMPROVED/VACANT LAND

    Assessment Year: 2006

    Assessed Land Value: $ 9,275

    Total Assessed Value: $ 9,275

    ***************************** TAX INFORMATION *****************************

    Tax Rate Code: 700

    ************************* PROPERTY CHARACTERISTICS *************************

    Year Built: No. of Buildings:
    Stories: Style:
    Units: Air Conditioning:
    Bedrooms: Heating:
    Baths: Construction:
    Partial Baths: Basement:
    Total Rooms: Exterior Walls:
    Fireplace: Foundation:
    Garage Type: Roof:
    Garage Size: Elevator:
    Pool/Spa: Lot Size: 2.65 AC
    Building Area:

    TAPE PRODUCED BY COUNTY: 2/2006

    CLARK COUNTY, NV 492 W HOBSON ST, SEARCHLIGHT, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY RECORD FOR CLARK COUNTY, NV

    ESTIMATED ROLL CERTIFICATION DATE JANUARY 1, 2006

    Owner: REID FAMILY TRUST AGREEMENT; REID HARRY M & LANDRA J TRS (Trustee/Conservator)

    Mailing Address: C/O RESIDENCES AT THE RITZ-CARLTON, 1155 23RD ST NORTHWEST #2E, WASHINGTON, DC 20037-3302

    Property Address: 492 W HOBSON ST, SEARCHLIGHT, NV

    **************************** SALES INFORMATION ***************************

    Recorded Date: 05/15/2001

    Book/Page: 105/

    Document Number: 1502453

    ************************** ASSESSMENT INFORMATION *************************

    Assessor’s Parcel Number: 243-34-701-003

    Legal Description: DISTRICT: SRCH; CITY: SEARCHLIGHT; SEC/TWN/RNG/MERIDIAN: PART OF NW4 SE4 S34 T28S R63E; ASSESSOR’S MAP REFERENCE: MS SURV#4150

    Brief Description: PT MINERAL SURVEY #4150 PT NW4 SE4 SEC 34 28 63 PT IRON CLAD TRIANGLE LODE

    Market Value Year: 2005

    Market Land Value: $ 36,180

    Market Improvement Value: $ 1,597

    Total Market Value: $ 37,777

    Land Use: MOBILE HOMES

    Assessment Year: 2006

    Assessed Land Value: $ 12,663

    Assessed Improvement Value: $ 559

    Total Assessed Value: $ 13,222

    ***************************** TAX INFORMATION *****************************

    Tax Rate Code: 700

    ************************* PROPERTY CHARACTERISTICS *************************

    Year Built: 1980 No. of Buildings:
    Stories: Style:
    Units: Air Conditioning: None
    Bedrooms: Heating: None
    Baths: Construction:
    Partial Baths: Basement:
    Total Rooms: Exterior Walls:
    Fireplace: Foundation:
    Garage Type: Roof:
    Garage Size: Elevator:
    Pool/Spa: Lot Size: 41382 SF
    Building Area:

    TAPE PRODUCED BY COUNTY: 2/2006

    MOHAVE COUNTY, AZ

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR MOHAVE COUNTY, AZ

    Buyer: REID, HARRY; THE REID LTD PROFIT SHARING PLAN & TRUST (Minor/Ward/Client), Trust

    Buyer Mailing Address: 520 S 4TH ST, UNIT 2E, LAS VEGAS, NV 89101

    Seller: REID, HARRY (Trustee/Conservator); THE REID LTD PROFIT SHARING PLAN & TRUST (Minor/Ward/Client); THE REID LTD PROFIT SHARING TRUST a/k/a; THE REID LTD PENSION TRUST a/k/a; HAYCOCK, CLAIR (Trustee/Conservator); HAYCOCK DISTRIBUTING DEFINED BENEFIT PLA (Minor/Ward/Client)

    Seller Mailing Address: 1155 23RD ST NW, UNIT 2E, WASHINGTON, DC 20037

    **************************** SALES INFORMATION *****************************

    Sale Date: 12/28/2001

    Recorded Date: 2/4/2002

    Sale Price: $ 10,000 (Amount obtained from Affidavit of Property Value)

    Book/Page: 3981/963

    Document Number: 2002007108

    Deed Type: INTRA-FAMILY TRANSACTION

    Assessor’s Parcel Number: 213-18-006 (Multiple APNs appear on the Conveying Instrument)

    Legal Description: LOT: 3&4; SEC/TWN/RNG/MERIDIAN: E2SW4 S19T20NR21W G&SRB&M

    Brief Description: GOVERNMENT LOTS3&4

    *************************** MORTGAGE INFORMATION ***************************

    Type of Mortgage: CASH

    Title Company: FIRST AMERICAN TITLE

    *************************** PROPERTY DESCRIPTION ***************************

    Land Use: LAND (UNIMPROVED)

    REID, HARRY M

    *** THIS DATA IS FOR INFORMATIONAL PURPOSES ONLY ***

    MORTGAGE RECORD FOR CLARK COUNTY, NV

    Borrower(s): REID, HARRY M (Trustee/Conservator); REID, LANDRA J (Trustee/Conservator), Family Trust

    Property Address: 900 W NIPTON RD, SEARCHLIGHT, NV 89046

    Property Use: SINGLE FAMILY RESIDENCE

    ********** RECORDER’S INFORMATION **********

    Recording Date: 11/12/2004

    Book/Page: 20041112/264

    Assessor’s Parcel Number: 243-27-401-001

    Legal Description: LOT: 19; SEC/TWN/RNG/MER: S27T28SR63E MDB&M

    Brief Description: GOVERNMENT LOT19

    ********** MORTGAGE INFORMATION **********

    Mortgage Type: NON-PURCHASE MONEY

    Lender: WELLS FARGO BANK NA

    Lender Type: BANK

    Loan Amount: $ 210,000

    Loan Type: UNDETERMINED

    Due Date: 12/1/2034

    ********** GEOGRAPHICAL INFORMATION **********

    MSA: Las Vegas, NV-AZ MSA (4120)
    Clark County, Nevada (FIPS=32003)
    (412032003)

    CLARK COUNTY, NV

    *** THIS DATA IS FOR INFORMATION PURPOSES ONLY ***

    PROPERTY TRANSFER RECORD FOR CLARK COUNTY, NV

    Buyer: REID, HARRY M (Trustee/Conservator); REID, LANDRA J (Trustee/Conservator), Family Trust

    Buyer Mailing Address: PO BOX 55, SEARCHLIGHT, NV 89046

    Seller: REID, HARRY; REID, LANDRA

    Seller Mailing Address: PO BOX 55, SEARCHLIGHT, NV 89046

    **************************** SALES INFORMATION *****************************

    Sale Date: 12/26/2001

    Recorded Date: 12/31/2001

    Book/Page: 20011231/2070

    Deed Type: INTRA-FAMILY TRANSACTION

    Assessor’s Parcel Number: 243-27-401-001

    Legal Description: LOT: 19; SEC/TWN/RNG/MERIDIAN: S27T28SR63E MDB&M

    Brief Description: GOVERNMENT LOT19

    *************************** MORTGAGE INFORMATION ***************************

    Title Company: LAND TITLE

    *************************** PROPERTY DESCRIPTION ***************************

    Land Use: SINGLE FAMILY RESIDENTIAL

  11. Friday The 13th Free For All…

    Happy Friday the 13th! Bad luck for me that I will not have much time to blog today. However, please feel free to test your luck and promote your best. First, I will share a few links with you.
    Halloween comes early for Chicago moonbats!
    There has…

  12. Retired Spook says:

    Rush Limbaugh is touting this Blog/post as I write this. AJ, I know you’ve said you often disagree with Rush, but he’s giving you some pretty good free PR this afternoon. Great coverage of the Reid deals, BTW.

  13. streeter says:

    A major HH link followed by a Friday show-opening mention by Rush:

    3…2…1… Ignition!

    Way to go AJ.

  14. lifter33 says:

    Get ready for a Rush rush!!! Big mention on the show–you da man!!!

  15. Doug says:

    Rev up those servers, AJ, he’s still talking about the 18 pages he printed out from your site!
    Congratulations indeed.

  16. haystack says:

    AJ-haystack here…I read thru often, but never commented before…I am thouroughly impressed, amazed, awestruck…that you got the level of exposure you did from Rush-open monologue, quite a lot of kudos…and good press.

    congratulations!

  17. AJStrata says:

    Somebody find me a transcript please!

  18. Doug says:

    Dingy Harry GREED!

  19. bopbottle says:

    Wow AJ, I can’t keep up today. You are working overtime! Thanks to SBD on the interesting transactions. I can only hope the MSM will start to pick this stuff up. I won’t be holding my breath, however.

  20. For Enforcement says:

    his shows are archived on his home site rushlimbaughdotcom