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LOacst obVeerg as1,8 , Ne19v3a4d.a, Mr. E. E'. B e n n e tt: R ep lying to. yours of O ctober 1 6 th r e l a t i v e to w ater system of Las vegas Land and Water Company, w ill say th a t from time to time th e re i s t a lk h ere about mun­i c i p a l ownership o f water' u t i l i t i e s , but the im p ressio n I g e t from t h is t a l k i s n ot so much about the G ity ta k in g over the Land and Water Company's h o ld in g s, a s i t i s fo r th e C ity to i n s t a l l i t s own system , u sin g the w ater from the a r t e s ia n w e ll on c i t y owned land lo c a te d a m ile or so northw est of the R a ilr o a d Company's s p r in g . There i s a s ta tu to r y .a u th o r ity a u th o r iz in g the C ity of Las Vegas to purchase or a c q u ire p u b lic u t i l i t i e s and t h i s i s co n ta in e d in B e ctio n 31 o f the C h arter o f the C ity o f Las V egas, a s amended by the s e s s io n law s o f 1 931 , (See 1931 Nevada S t a t u t e s , Page 3 7 7 , su b d iv isio n 5 . ) Pur­su an t to th a t s e c t i o n , the C ity Commissioners have power to borrow money on th e c r e d it of the C ity and to is s u e bonds t h e r e f o r . ' There i s no l i m it a s to the amount of bonded in d e b te d n e ss the C ity can in cu r fo r th e purpose of p ro cu rin g s u p p lie s of w a ter. The se c tio n provides th at the Board of City Com­m issioners s h a ll have the power to acquire or e s ta b lis h any public u t i l i t y in the man er th erein provided, and the procedure to acquire same would be as follow s: The Board is s u e s a p ro cla m atio n s e t t i n g f o r t h b r e i f l y the p u b lic u t i l i t y proposed to be a c q u ire d , th e estim a te d c o s t th e r e o f as shown by th e r e p o r t provided by the Board and Mayor or an en gin eer or p a rty ap p oin ted by the board fo r th a t purpose, the proposed bonded in d eb ted ­n ess to be in cu rre d t h e r e f o r , the te rm s, amount, r a t e o f i n t e r e s t , and tim e w ith in which redeem able and on what fund. The p ro cla m a tio n i s p u b lish ed once a week fo r th r e e s u c c e s ­s iv e weeks in a news paper and s t a t e s th e d ate o f the m eet­in g a t which th e Board w i l l p ass th e ord in an ce p ro v id in g fo r the bond is s u e . th e tim e f i x e d , th e Board p roceed s to e n a ct an ordinance fo r such p u rp ose, which s h a ll conform in a l l r e s p e c ts to th e term s and c o n d itio n s of the p re v io u s­l y p u b lish ed p ro c la m a tio n . No v o te o f th e e le c t o r s i s r e ­q u ire d , e x ce p t th a t i f a p e t i t i o n i s p resen ted to th e Board, sig n ed by q u a lif ie d e le c t o r s of the C ity equal in number to