From Las Vegas Advisor today:

Monorail—The Las Vegas Monorail has filed a reorganization plan after declaring bankruptcy last January. The plan would reduce the debt of the nonprofit company that runs the monorail by nearly $630 million, leaving the company with $18.5 million in debt. In essence, it would just erase 97.1% of what it owes to bondholders, who invested $650 million for start-up costs.

That $30 will buy you a couple of monorail day-tickets today, unless you live in Nevada; then you pay only a dollar a ride.