Las Vegas City Commission Minutes, January 7, 1947 to October 26, 1949, lvc000006-173

154 RESOLUTION Commissioner Baskin moved that the Resolution authorizing Board EMERGENCY LOAN of City Commissioners, City of LAS Vegas to make temporary emergency loan be approved and copied into the Minutes of this meeting, as follows: STATE BOARD OF FINANCE Meeting held October 24, 1947. RESOLUTION AUTHORIZING BOARD OF CITY COMMISSIONERS, CITY OF LAS VEGAS TO LAKE TEMPORARY EMERGENCY LOAN. WHEREAS, It being made to appear to the satisfaction of the State Board of Finance, duly called and met in session under and pursuant to the provisions of that certain Act of the Legislature 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 great necessity or emergency has arisen in the City of Las Vegas, County of Clark, State of Nevada, and that necessity now exists for authorizing the obtaining of a temporary loan by and on the part of the Board of City Commissioners, City of Las Vegas for the purpose of meeting such emergency as expressed in and shown by the preamble and resolution unanimously adopted at a meeting of said Board of City Commissioners, City of Las Vegas duly called and held on the 15th day of October, 1947 authorizing a temporary loan for the purpose set forth in said Resolution, a duly certified copy of which is now on file and of record in the office of the State Board of Finance; and WHEREAS, it further appearing that notice of intention to adopt said emergency resolution was duly published according to law; therefore, be it RESOLVED, By the State Board of Finance, that said act and resolution of said Board of City Commissioners, City of Las Vegas, County of Clark, State of Nevada, authorizing a temporary loan of Eighty Thousand dollars ($80,000.00) as in said resolution set forth and authorized, be and the same is hereby approved; and be it further RESOLVED, That a duly certified copy of this resolution be transmitted by the Secretary of the State Board of Finance to said Board of city Commissioners, City of Las Vegas in order that Board of City Commissioners, City of Las Vegas, as provided by Law. I, Grant L. Robison, certify that I am the duly authorized and acting Secretary of the State Board of Finance and that the foregoing is a full, true, and correct copy of a resolution duly adopted by unanimous vote of the State Board of finance at a meeting held on the 24th day of October, 1947. Dated this 24th day of October, 1947. ___________Grant L. Robison_______________ Secretary of the State Board of Finance. The foregoing motion was seconded by Commissioner Whipple and carried by the following vote: Commissioners Baskin, Whipple and His Honor voting aye; noes, none. Absent: Commissioners Clark and Moore. Commissioner Baskin moved that certified copies of the Minutes of September 29th and October 15th and 27th be forwarded to the Bank of Nevada, First National Bank; covering that portion relating to the emergency loan, and to any other prospective bidders. Motion seconded by Commissioner Whipple and carried by the following vote: Commissioners Baskin, Whipple and His Honor voting aye; noes, none. Absent: Commissioners Clark and Moore. ATTEST: approved: City Clerk mayor