At the Special Meeting held this morning, the Washoe County Commissioners voted 3-1 to approve the proposed $56 million settlement agreement with the League to Save Incline Assets. Washoe County is expected to repay roughly $23.8 million with the Washoe County School District, IVGID, North Lake Tahoe Fire Protection District, and the State of Nevada repaying roughly $32.2 million. An interest “holiday” will begin when the repayments begin and will continue through 6/30/2023.
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