relating to the property until a foreclosure sale could take place. In December 1990, the property was purchased through a foreclosure sale by Lloyds Bank of London for $20 million. Lloyds Bank made the purchase in order to protect a $25 million loan it had made to Morris in 1988. By March 1993, the Landmark's contents had been liquidated through a sale conducted by National Content Liquidators. By July 1993, representatives of Lloyds Bank had approached the LVCVA about the possibility of purchasing the Landmark. LVCVA was interested in the proposal, with plans to use the Landmark's 21-acre property either for a parking lot or expansion. LVCVA purchased the Landmark in September 1993, at a cost of $15.1 million. During 1994, board members of LVCVA debated on whether to restore the Landmark or demolish it, ultimately deciding on the latter. Only three LVCVA board members voted to save the building. Among those voting in support was Lorraine Hunt, who later said that the Landmark "was iconic and part of the history of Las Vegas. Had they kept it, it could have been the office for the Las Vegas Convention and Visitors Authority." Demolition LVCVA paid $800,000 for asbestos removal in the tower. Central Environmental Inc. was hired to remove the asbestos, while AB-Haz Environmental, Inc. was the asbestos removal consultant. In mid-1994, AB-Haz Environmental began removing asbestos insulation from the Landmark. The removal, scheduled for completion in August 1994, took nearly six months. In October 1994, it was announced that the Landmark would be demolished the following month to make way for a 21-acre parking lot, to be used by the Las Vegas Convention Center. Demolition of the tower was delayed several times, to allow for the removal of additional asbestos. The Clark County Health District proposed penalties against the asbestos companies. By February 1995, AB-Haz had twice declared the Landmark to be asbestos-free and safe for demolition, although Clark County officials discovered that some hotel floors still contained 90 percent of the asbestos. Up to that time, LVCVA had already paid a total of $1 million to the asbestos companies to have the asbestos removed from the hotel and an adjacent apartment complex, allowing for their demolition. The Clark County Air Pollution Control Division recommended a $450,000 fine against AB-Haz for failure to remove the asbestos, while LVCVA would have to spend an additional $1 million for further asbestos