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The Million Dollar Courthouse in Pioche Nevada

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Uploaded on May 4, 2011

Pioche was designated the county seat in 1871 and courthouse plans were initiated. The county contracted to build the courthouse at a cost of $26,400. In order to raise the needed money, $25,000 worth of bonds were sold at a discounted rate of $20,000. By the time it was completed a year later, costs had escalated to more than $88,0000 because of alterations, cost overruns, mismanagement and kickbacks. To finance payment the courthouse, the Board of Commissioners issued certificates of indebtedness at a high rate of interest, and by the 1880's the debt had risen to $181,000. By the end of the century it exceeded more than $670,000. The final payment was made in 1937; four years after the building had been condemned. The total cost of the Lincoln County Courthouse was nearly $1,000,000.

For more information about Pioche, Nevada, visit http://www.lincolncountynevada.com/in....

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