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Las Vegas City Commission Minutes, November 20, 1957 to December 2, 1959, lvc000011-123

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lvc000011-123
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    and (d) the surrender to the obligor or any agent of the obligor of this bond and each of the coupons shall be a good discharge to the obligor for the same. IN WITNESS WHEREOF, the City of Las Vegas, Nevada, has caused this bond to be signed by its Mayor, countersigned by its City Treasurer, and its corporate seal to be affixed hereto and attested and countersigned by its City Clerk, and the annexed coupons to bear the facsimile signatures of said officials, add this bond to be dated as of the first day of May, 1958. _____(Do not sign)_________ Mayor Countersigned: _____(Do not sign)________________ (City Treasurer (SEAL) Attested and Countersigned (Po not sign)_________________ City Clerk (Coupon Form) (For Bonds 1 through 110, inclusive) ** 37.50 *** 15.00 ***** 20.49 NO._________ On the first day of May ___________* (Unless the bond to which this coupon is attached has been called for prior redemption) the City of Las Vegas, County of Clark, State of Nevada, will pay the bearer hereof the sum of ** Thirty-seven and fifty-one-hundredths dollars *** Fifteen dollars **** Twenty and forty-nine one-hundredths dollars in lawful money of the United States of America, out of a special fund designated the "Assessment District No. 100-35 Street Improvement Bond Interest and Redemption Fund", or in the event said fund shall be insufficient therefor out of its general fund, at the office of the City Treasurer of said City, being one year's interest on its Assessment District No. 100-35 Street Improvement Bond, Series of May 1, 1958, and bearing No. _______(Facsimile signature)______ Mayor _______(Facsimile signature)______ City Treasurer _______(Facsimile signature)______ City Clerk * (Insert in all coupons (except No. 1) maturing on and after one year from date on each bond) ** Insert as amount of coupon for bond in denomination of $ 1,000.00 *** Insert as amount of coupon for bond in denomination of 400.00 **** Insert as amount of coupon for bond in denomination of 546.31 SECTION 5. That when said bonds have been duly executed, the City Treasurer in the City of Las Vegas shall deliver them to the lawful purchaser thereof on receipt of the purchase price. The funds realized from the sale of the bonds shall be applied solely to defray the cost and expense of making said improvements, but the purchaser of said bonds shall in no manner be responsible for the application by said City, or any of its officers, of any of the funds derived from the sale thereof. SECTION 6. That the officers of the City of Las Vegas be, and they hereby are, authorized and directed to take all action necessary or appropriate to effectuate the provisions of this ordinance, including, without limiting the generality of the foregoing, the printing of said bonds and the execution of such certificates as may reasonably be required by the purchasers thereof, relating, interalia, to the signing of the bonds, the tenure and identity of the municipal officials, the amounts certified on the assessment roll together with the amount of cash payments, the accuracy of property descriptions, the receipt of the assignable certificates and the delivery of the bonds, and the absence of litigation pending or threatened affecting the validity of the bonds. SECTION 7. That after said street improvement bonds are issued, this ordinance shall be and remain irrepealable until said bonds and the interest thereon shall be fully paid, certified and discharged, as herein provided. 4-16-58