Las Vegas City Commission Minutes, January 7, 1947 to October 26, 1949, lvc000006-197

177 Section 5. Said bonds shall be signed by the Mayor of the City of Las Vegas, shall be attested by the City Clerk of the City of Las Vegas under the seal of said city, and shall be countersigned by the County Treasurer of Clark County, Nevada, as Ex-officio City Treasurer of the City of Las Vegas. The coupons attached to said bonds shall bear the facsimile signature of said City Treasurer which officer by the execution of said bonds shall adopt as and for his signature the facsimile thereof appearing on said coupons. Section 6. That said bonds and the coupons attached thereto shall be in substantially the following form: UNITED STATES OF AMERICA STATE OF NEVADA COUNTY OF CLARK CITY OF LAS VEGAS STORM SEWER BONDS, SERIES OF JANUARY 1, 1948 No._______ $1,000.00 The City of Las Vegas in the County of Clark and State of Nevada, acknowledges itself indebted end hereby promises to pay to bearer hereof the sum of ONE THOUSAND DOLLARS ($1,000) on the first day of January, A. D.,19 , with interest thereon at the rate of per cent per annum, payable semi-annually on the first days of January and july in each year, both principal and interest being payable in lawful money of the United States of America at the office of the City Treasurer in Las Vegas, Nevada, upon presentation and surrender of the annexed coupons and of this bond as they severally become due. This bond is issued by the City of Las Vegas upon behalf of said City and upon the credit thereof for the purpose of securing funds to finance the construction of storm sewers and storm drains, pursuant to the powers vested in the City and its Board of Commissioners under the Charter of the City and the general laws of the State of Nevada. *(This bond is subject to redemption at the option of the City of Las Vegas on the first day of January, 1953, or on any interest payment date thereafter at a price equal to the principal amount thereof with accrued interest to the redemption date. Redemption shall be made upon not less than thirty days' prior notice by publication in a newspaper of general circulation in the City of Las Vegas in the manner and upon the conditions provided in the] ordinance authorizing the issuance of this bond.) It is hereby certified and recited that all of the requirements of law have been fully complied with by the officers of said City in the issuance of this bond; that the total indebtedness of said City, including that of this bond, does not exceed any limit of indebtedness prescribed by the constitution and laws of the State of Nevada, nor by the charter of the City of Las Vegas, and that provision has been made for the levy and collection of annual taxes sufficient to pay the interest on and the principal of this bond when the same become due. The faith and credit of the City of Las Vegas are hereby pledged for the punctual payment of the principal of and the interest on this bond. IN TESTIMONY WHEREOF, the City of Las Vegas has caused this bond to be signed by its Mayor and attested by its City Clerk under the seal of said City and to be countersigned by the City Treasurer, all as of the first day of January, A. D., 1948. (do not sign) Mayor COUNTERSIGNED: (do not sign) City Treasurer ATTEST: (do not sign) City Clerk (SEAL) *(To be inserted in bonds numbered 56 to 250, both inclusive, maturing after January 1, 1954.) (Form of Coupon) No.______ $_____ July On the first day of January, A.D.,19___*(unless the bond to which this coupon is attached has been called for prior redemption) the City of Las Vegas in the County of Clark, State of Nevada, will pay the bearer Dollars at the office of the City Treasurer in Las Vegas, Nevada, in lawful money of the United states of American, being six months' interest on its Storm Sewer Bonds, Series of January 1, 1948. Bond No. (Fascimile Signature)