Ask Joe: Can government official buy a car for $1?

Reported by: Joe Hart
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Updated: 9/12/2013 11:27 am
Question:
Frank Wright wrote in asking if it's true the Incline Village General  Improvement District is selling a car to the general manager for one dollar?  Frank is concerned because he says the automobile was bought with taxpayer money.

Answer:
Well, I checked into this and found out yes, there could be a deal in the works.

The current general manager Bill Horn is retiring at the end of the year after more than a decade in charge of the IVGID.  Horn and the board of directors are working on a separation package that would allow him to leave at the end of September.  As part of that deal Horn has asked to be able to keep his "company" car, a 2008 Chevy Tahoe. The car Horn's been driving has 150,000 miles on it.  He has offered to buy the car for $1.00.

Horn is seeking to be paid his full salary and vacation time through the end of the year which was $125,000 a year when he signed his original contract.

The board of directors met Wednesday September 11th to consider the deal and whether it makes financial sense for the organization.  News 4 has learned the board has decided to check with its lawyer to find out if such a transaction is legal.  The board will make a decision after consulting with legal counsel.
 
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3 Comment(s)
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Here are the most recent story comments.View All

Speed - 9/12/2013 12:58 PM
0 Votes
I'd give 'em FIVE dollars for it!

kdavis52 - 9/12/2013 10:03 AM
0 Votes
I wouldn't want a truck that has 150k miles on it. Get real.

tryng2servive - 9/12/2013 8:44 AM
1 Vote
this is outrageous..abuse of the system..why is he so special..auction it so any one can have a chance at such a great deal..
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