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Las Vegas City Commission Minutes, January 7, 1947 to October 26, 1949, lvc000006-548

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518 2. Anticipated necessary expenditures, payable out of the Street Department Expenses Account of the General Fund, for the rental use of equipment and the purchase of supplies 10,000.00 3. Anticipated necessary expenditures, payable out of the Motor Vehicles Account of the General Fund, for the cost of repairs to equipment, purchase of supplies, and sundry operating costs 4,000.00 4. Anticipated necessary expenditures, payable out of the Sewage Disposal Account of the General Fund, for the rental use of equip­ment, purchase of supplies, and sundry operating costs 4,000.00 5. An accrued indebtedness and binding obligation, payable out of the Swimming Pool Bond Interest and Redemption Fund, for accrued interest payments on the Las Vegas 1947 Swimming Pool Bonds, Series A 1,218.75 and WHEREAS, by reason of the foregoing, a great necessity and emergency exists in connection with the continued governmental operations of the City of Las Vegas, requiring the immediate acquisition of the sum of One Hundred Nineteen Thousand Two Hundred Eighteen Dollars and Seventy- five Cents ($119,218.75), which is the total of the sum aforesaid, to defray the costs of such continued operations, and WHEREAS, on or about the 8th day of December 1947, there will be an unused surplus of One Hundred Twenty-seven Thousand Six Hundred Fifteen Dollars and Thirty-one Cents ($127,615.31) for the 1947 Budget period in the Police Station Construction Fund, and the fiscal affairs of said City can be carried on without Impairment after the transfer on said date of the sum of One Hundred Thousand Dollars ($100,000.00) from the aforesaid surplus in said Fund to the Emergency Loan Retirement Fund to meet the emergency aforesaid, and WHEREAS, there is an unused surplus of Thirteen Thousand Sixty Dollars Ninety-five Cents ($13,060.95) for the 1947 Budget period in the Street Department Salaries account of the General Fund, and the fiscal affairs of said City can be carried on without impairment after the transfer of the sum of Ten Thousand Dollars ($10,000.00) from the aforesaid surplus in said Account to the Street Department Expenses Account of the General Fund to meet the emergency aforesaid, and WHEREAS, there is an unused surplus of Ten Thousand Four Hundred Thirty-three Dollars and Twenty Cents ($10,433.20) for the 1947 Budget period in the Airports Account of the General Fund, and the fiscal affairs of said City can be carried on without impairment after the transfer from the aforesaid surplus in said Account of the sums of Four Thousand Dollars ($4,000.00) to the motor Vehicle Account of the General Fund, Four Thousand Dollars ($4,000.00) to the Sewage Disposal Account of the General Fund, and One Thousand Two Hundred Eighteen Dollars and Seventy- five Cents ($1,218.75) to the Swimming Pool Bond Interest and Redemption Fund, to meet the emergency aforesaid, now therefore, be it RESOLVED by the Board of Commissioners of the City of Las Vegas, pursuant to an Act of the Legislature of the State of Nevada, entitled "An Act regulating the fiscal management of counties, cities, towns, school districts, and other governmental agencies," approved March 22, 1917, as amended, that a temporary loan by the City of Las Vegas in the sum of One Hundred Nineteen Thousand Two Hundred Eighteen Dollars and Seventy-five Cents ($119,218.75) be and the same is hereby authorized for the purpose of meeting the necessity and emergency aforesaid, and be it further RESOLVED that, after said emergency loan is approved by the State Board of Finance, as in said Act provided, the Board of Commissioners of said City shall effect the acquisition of the monies aforesaid by a transfer of surplus funds as hereinabove set forth, and be it further RESOLVED that if any Fund from which the loan is made, at the time of the transfer of monies therefrom as aforesaid, contains a surplus that in the judgment of the State Board of Finance is or will not be needed for the purposes of said Fund in the ordinary course of events, then the emergency tax provided by Section 13 of said Act snail not be levied, collected, and placed in the Fund from which the loan was made, but such transfer shall be deemed refunded for all purposes, and be it further RESOLVED that the City Clerk be and she is hereby authorized and directed to immediately forward a certified copy of this emergency resolution to the State Board of Finance, at Carson City, Nevada, for its approval, as required by the Act aforesaid. ADOPTED AND APPROVED by the unanimous vote of the Board of Commissioners of the City of las Vegas at a special meeting thereof this 26th day of November, 1947. the vote being as follows: Voting Aye: Commissioners Clark, Moore, Whipple and His Honor Mayor Cragin. Voting Nay: None. Absent: Commissioner Baskin.