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upr000267-264
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    This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.

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    er otherwise in s u c h m a n n e r a s m a y h e p r o v i d e d b y the g o v e r n i n g body, but n o t l a t e r than f o r t y years f r o m t h e i r date, shall b e m a d e pay a b l e at sueh pl a c e or pl a c e s w i t h i n or w i t h o u t t h e State o f N e v a d a as m a y be prov i d e d b y the g o v e r n i n g body, and in t h e d i s c r e t i o n of the g o v e rning b o d y m a y be m a d e r e d e e m a b l e at the op t i o n o f the dist r i c t p r i o r to m a t u r i t y at s u c h p r e m i u m or p r e m i u m s not g r e a t e r than one h u n d r e d (three) f i v e p e r c e n t of t h e p r i n c i p a l amount thereof as the g o v e r n i n g b o d y m a y determine* The bonds shall be signed b y the presi d e n t and a t t e s t e d by the secretary of t h e district u n d e r the official seal of t h e d i s t r i c t i n s u c h m a n n e r as m a y be p r o v i d e d .(in the r e s o l u t i o n a u t h o rizing t h e i r issuance.) b y resolu t i o n of t h e board. Inte r e s t coupons to b e a t t a c h e d to the bonds m a y b e executed w i t h the facsimile signatures of s u c h officers, and I n the event any officer w h o s e signature appears on such b o n d or coupons shall cease to be s u e h officer before delivery o f the bonds to the purchaser, s u e h signature sh a l l neve r t h e l e s s be v a l i d and sufficient f o r all purposes. T h e b o n d s shall be s o l d i n s u e h m a n n e r and at s u e h times as t h e g o v e r n i n g body m a y d e t e r m i n e at public or p r i v a t e sale f o r s u c h prices a s the g o v e r n i n g b o d y shall approve, except t h a t in no event shall the bonds b e s o l d at a p r i e s w h i c h will result In an interest y i e l d t h e r e f r o m of m o r e t h a n six percent p e r a n n u m computed to average m a t u r i t y according to standard tables of b o n d values. T h e bonds m a y b e Issued in a n amount sufficient to include the p a y m e n t o f a ll incidental costs i n c u r r e d in c o n n e c t i o n w i t h the o r g a n i z a t i o n of t h e district and w i t h the construction, acquisition, e x t e n s i o n or i m p r o vement of the w o r k s or proper t i e s and the a u t h o ­r i z a t i o n a n d issuance o f the bonds, including, b u t w i t h o u t limitation, e n g i n e e r i n g a n d legal fees, fi s c a l agents* expenses and payment of inte r e s t on the b o n d s o f the district during the period of the con­s t r u c t i o n of t h e w o r k s o r properties and f o r six m o n t h s thereafter. P e n d i n g t h e p r e p a r a t i o n o r e x e c ution of definitive bonds, i n t e r i m » recei p t s or c e r t ificates o r t e m p o r a r y bonds m a y be d e l i v e r e d to the p u r c h a s e r of s a i d bonds* Bonds i s s u e d h e r e u n d e r (shall) m a y be ei t h e r p a y a b l e f r o m and secured b y a pl e d g e of t h e gross or net revenues d e r i v e d f r o m the o p e r a t i o n of the w o r k s or properties constructed,