Skyvue project pays off contractors that filed liens

26 January 2013

By Tim O'Reiley

LAS VEGAS -- All of the contractors that slapped liens on the Skyvue giant Ferris wheel project now show up on county recorder records as being paid off.

Skyvue announced on Thursday it had covered all the claims and obtained releases on the liens. But they were not all posted in the county's computer records until Friday morning.

Included in the release was $3.3 million claimed by general contractor Ledcor Construction. But the lien also included some of those for subcontractors.

In a statement, Skyvue said that clearing the liens was part of the process to securing construction financing to finish the 500-foot wheel and the retail center at the base. The site is across the Strip from Mandalay Bay.