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196 Address all correspondence to Nevada industrial Commission DJS/GMA STATE OF NEVADA NEVADA INDUSTRIAL COMMISSION CARSON CITY Carson City, Nevada, January 20, 1948 City of Las Vegas, Las Vegas, Nevada Gentlemen: We herewith submit our bid on $250,000.00 Bonds; designated as "Las Vegas Storm Sewer Bonds, Series of January 1, 1948," numbered from 1 to 250, in the denomination of $1,000 each, and maturing serially in numerical order, $3,000 on January 1, 1949 and $13,000 on January 1st in each of the years from 1950 to 1968; as follows: as per your notice of sale. We bid at par and at an interest rate of 2 1/2% per annum, payable semi-annually. We will accept delivery on these bonds in lots of $50,000 or more. Yours very truly, Nevada Industrial Commission D. J. Sullivan Chairman NOW, THEREFORE, be it further resolved that there shall be issued and delivered to the purchasers, their agents or assigns, the $250,000 Las Vegas, Nevada, Storm Sewer Bonds, Series of January 1, 1948, as soon as legally possible, upon receipt of the purchase price therefor, plus accrued interest from the date of the bonds to the date of their delivery. Said bonds tobear interest as outlined in the bid of the successful bidder. The Board of City Commissioners of Las Vegas, Nevada, does hereby find and declare that the life of the improvements to be constructed out of the sale of $250,000 Las Vegas, Nevada, Storm Sewer Bonds, Series of January 1, 1948, shall and will be greater than twenty years; that all resolutions or parts thereof in conflict herewith are hereby repealed. This resolution shall become effective and be in force immediately upon its adoption. ADOPTED AND APPROVED this 22nd day of January, A. D., 1948. E. W Cragin ______ Mayor Attest: Helen Scott Reed_________ City Clerk (Seal) Commissioner Whipple seconded the adoption of the foregoing Resolution, and the same on being put to a vote was unanimously carried by the affirmative vote of all of the commissioners present, the vote being as follows: Mayor E. W. Cragin "Aye" Commissioner R. T. Baskin "Aye" Commissioner Robert T. Moore "Aye" Commissioner C. R. Clark "Aye" Commissioner Reed Whipple "Aye" ADOPTED AND APPROVED THIS 22nd day of January, 1948. E. W. Cragin Mayor Attest: Helen Scott Reed________ City Clerk (Seal) At this time Commissioner Baskin asked to be excused. Also present: City Manager, J. M. Murphy and City Attorney, C. Norman Cornwall. BIDS #48.1 At this time bids were opened for the installation of two, ten thousand C.F.M. Coolers, complete with circulating pumps and one HP fan motor in the War Memorial Building. Bids from the following firms were received: Larkin Plumbing $3,150.00; Bradley & Simons $2,950.70; Western Heating & Ventilating Co, Inc., $2,385.00; O. K. Plumbing and Heating Co., $2450.00. The bids were referred to the Comptroller for computation.