GOVERNOR GIBBONS TO ANNOUNCE FUNDING FOR
FORT MOHAVE DEVELOPMENT ACCOUNT

Carson City – While visiting the city of Laughlin today, Governor Jim Gibbons will announce his intent to include $5 million in the budget he will present to the Nevada State Legislature in 2009 to replenish funds spent from the Fort Mohave Development Account by the Colorado River Commission.

“Laughlin is a critical component of our statewide tourism-based economy and a growing, vital community; these funds will greatly assist important redevelopment efforts,” said Governor Gibbons.

"We'll work with the community to determine how best to use this money to improve Laughlin's infrastructure and our citizens' quality of life. Gov. Gibbons is to be commended for taking this important step," said Clark County Commissioner Bruce Woodbury.

“I applaud Governor Gibbons, Commissioner Woodbury and Senator Hardy for their hard work to reimburse $5 million to the Fort Mohave Development Account. These are funds that rightfully belong to the community of Laughlin. This account will help the Mohave Valley continue the progress and development that is already underway,” said Congressman Jon Porter.

“This is a major development for the residents of Laughlin.  I really appreciate the Governor’s willingness to step in and help resolve this matter.  This money was clearly intended to be utilized for the benefit of Laughlin,” said State Senator Warren Hardy.  “When provided with all the facts, the Governor immediately understood that and moved very quickly to help correct the injustice that occurred.”