WASHINGTON — The Internal Revenue Service is auditing $105 million of general obligation limited-tax building bonds that North Las Vegas, Nev., issued in June 2006.

The IRS notified the city of the audit in a letter dated May 14. The city disclosed the letter in an event notice it filed with the Municipal Securities Rulemaking Board’s EMMA system this week.

In the letter, the IRS asked the city to complete Form 4564, Information Document Request, and requested more than a dozen documents related to the issue.

Some of the information requested included: documentation as to whether a rebate or yield reduction payment was due, a copy of any agreement regarding any hedge entered into with respect to the bonds, and indication if bond proceeds initially qualified for a temporary period permitting investment of the proceeds at an unrestricted yield.

The bonds, additionally secured by pledged revenues, were issued for construction purposes, including for a new civic center plaza in North Las Vegas, according to bond documents.

In the letter, the IRS said it “routinely examines municipal debt issuance to determine compliance with federal tax requirements.”

The city said it “intends to cooperate with the IRS in this examination,” according to the notice on EMMA.

Swendseid & Stern was bond counsel. Nevada State Bank Public Finance was the city’s financial advisor. The bonds were insured by MBIA Insurance Corp.

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