The Northern Nevada Economic Development and Conservation Act is on the brink of being passed. We have two more hurdles and not a lot of time. The bill was passed unanimously by the House on September 15, 2014. We are now waiting for Senate approval and the President’s signature. We have less than 20 days to accomplish those approvals.
If and when the bill passes, the economic impact will be felt. Especially in our rural Nevada communities where unemployment is high and the average salaries are low.
Passage of the bill will essentially help 7 of our northern Nevada communities acquire land by purchase from the Federal Government.
The city of Yerington, will purchase roughly 10,000 acres with the help of Nevada Copper. Once purchased, Nevada Copper plans to expand operations and implement Phase 2 of the mine plan.
Phase 2 of the mine plan would add 500 – 700 construction jobs and would employ around 950 permanent employees.
The comparison is depicted in the image above. The current size versus the potential size of the Nevada Copper project can be understood by comparing the size of a golf ball versus the size of a basketball. For example:
The current project is worth $35 million.
If the bill passes, the project will be worth $1.3 billion.
The current project will employ 430 permanent jobs.
If the bill passes, the project will employ over 1000.
This is an economic bill!
To help support passage of the Lyon County Economic Development Act, House bill (H.R. 433 or H.R. 696) and Senate bill 159, “Like” our Facebook page and Share this post with your family and friends.
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Questions or Concerns about the Lyon County Project, the Lyon County Economic Development Act, House Bill (H.R. 433 or H.R. 696) and Senate Bill 159? Please submit them by emailing firstname.lastname@example.org and we will get you the answers / address your concerns.