Department of Justice says Clark County owes federal government $75 million in unpaid rent on Bali Hai golf course

The federal government is asking Clark County for more than $75 million in alleged unpaid rent at a major property on federal land managed by the county and developed by prominent Las Vegas gambler Billy Walters. Clark County, acting as the facilitator for the Bureau of Land Management, entered into a 99-year profit-sharing lease with a development company owned by Walters, recently convicted of insider trading, for the course in 2000, but the arrangement never made any money. The federal agency contends the county should have been collecting roughly $1.3 million in rent annually from Walters and, thus, deserves that money. The county disagrees.  The Aug. 18 letter from the U.S. Department of Justice’s Commercial Litigation Branch states that the debt consists of underpaid rent proceeds totaling $12.4 million to date in addition to interest and the present value of projected underpayments through the term of the lease. The latter is estimated to be $62.8 million. The letter also states that payment is due on or before Sept. 1 to avoid prejudgment interest...more 

The feds claim Cliven Bundy, a resident of Clark County, owes them $1 million -- and he's in jail. Can we now expect armed federal agents to raid Clark County, hire private agents to "round up" all of the county's assets, and arrest any county officials who object?