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upr000267 8

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upr000267-008
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    University of Nevada, Las Vegas. Libraries

    LAS VEGAS REVIEW JOURNAL Feb. 25, 1951 Changes Offered In Vegas Valley Water District CARSON CITY, Feb. 24 (UP) Changes in the Vegas valley wa­ter district bond legislation were offered in the assembly Friday, afternoon by G. William Coni- I thard, and the measure was re- { ferred to the Clark county dele­gation for recommendation. The changes in the act, which, was passed by the last session, of the legislature would: 1) — Provide that bonds could be paid off out of the revenue collected by the water district jfor service, 2) — Allows the board of trus­tees to fix rates, provide for a depreciation a n d replacement jfund and to take care of general j expenses. • I 3) — Bonds of the district would be earmarked only for the purposes placed on the ballot in any bond election, 4) — Allow the district to issue revenue bonds as well as general obligation bonds. The measure is expected tobe presented to the assembly some­time next week.