Las Vegas City Commission Minutes, February 17, 1937 to August 4, 1942, lvc000004-100

At this time the Board continued the discussion of the desirability and advisability of building a municipal golf course at Las Vegas, it appearing to the Board that there is a large amount of unemployment at present in the City and that funds from Federal Government are now available for such purpose, and that the Las Vegas Golf Association has already raised the sum of Fifteen Hundred Dollars ($1500) to contribute to the City toward the sponsor's contribution of Four Thousand Dollars ($4000) for such project, and that such project will be a great benefit to the said City, and will be self-supporting when once built, therefore, after general consideration of the matter, it was the unanimous opinion of the members of the Board that proper steps be taken toward the building of such municipal Golf Course. Thereupon on Motion of Commissioner Krause seconded by Commissioner Marble, the following Resolution was introduced: RESOLUTION WHEREAS, the City of Las Vegas, Clark County, Nevada, has for some time past been desirous of building a Municipal Golf Course at Las Vegas to attract more people to come to this com­munity and build homes and make investments here, and WHEREAS, the said City of Las Vegas would have built such course ere this time, had there been any way to do so without having the total cost thereof fall upon the taxpayers of said City, and WHEREAS, it is now possible to obtain from the Government of the United States, financial aid for such project, provided said City will stand sponsor for the cost thereof up to the sum of Four Thousand Dollars ($4,000.00), and WHEREAS, the Las Vegas Golf Association has already, by volunteer subscription by and from its members and certain of the business people and citizens of said City, secured the sum of Fifteen Hundred Dollars ($1500) which it is willing to contribute toward said amount of Four Thousand Dollars (4,000) to be paid by said City as the sponsor's contribution, and WHEREAS, the said Golf Association has represented to said City that such golf course, once built, will be selfsupporting and in addition thereto, will produce enough revenue to repay said City the money to be advanced therefor, and WHEREAS, application for said aid from the United States Government has already been made and because of the present effort of the government to reduce unemployment, the Government is willing that such project go forward, and WHEREAS the present number of unemployed people in this community is now altogether too large and is constantly increasing, and WHEREAS, except for the several Federal Aid Projects now contemplated by said City, there appears no method of caring for said unemployed people, and WHEREAS, THE City deems it a better policy to sponsor Federal Aid Projects, including said golf course, in order to furnish employment to such unemployed persons, than to permit them to become public charges entirely at the expense of the taxpayers, of the City, and WHEREAS, the said contemplated building of such golf course will furnish employment to a number of such unemployed persons, and WHEREAS, the said golf course, when completed, will be a great asset to said City, and WHEREAS, said City already owns land near the present fish hatchery ponds on which said golf course can be built, and WHEREAS, there are at present no funds in the Treasury of said City not allocated to other purposes, which can be used for such purpose, and by reason of the foregoing facts, an emergency exists sufficient to warrant said City in making a loan of Twenty-five Hundred ($2500) which can be obtained from the First National Bank of Nevada, Las Vegas Branch, at a rate of interest less than eight per cent per annum, NOE, THEREFORE BE IT RESOLVED by the Board of Commissioners of the City of Las Vegas, that the City of Las Vegas, Clark County, Nevada, do borrow from the First National Bank of Nevada, Las Vegas Branch, the sum of Twenty-five Hundred Dollars ($2500) for the term of two and one-half (2½) years, with interest at a rate not to exceed eight per cent per annum And be it further resolved that the Mayor of the said City of Las Vegas, and the City Clerk be and they hereby are authorized and empowered to make, execute and deliver a promissory note or promissory notes on behalf of said City, aggregating the said sum of Twenty-five Hundred Dollars ($2500), to be redeemed at the option of this Board at any time when money is available in the emergency tax fund of said City, to be levied by said City at the first tax levy following the creation of such indebtedness, as by law provided. It was then moved by Commissioner Krause and seconded by Commissioner Marble that action upon said Resolution be deferred until a regular meetings of this Board to be held on the Friday the 4th day of March, A.D. 1938, at the hour of seven o'clock P.M. And that the City Clerk be directed to have Notice of said contemplated action of this Board published for at least two publications, one week apart, in the Las Vegas Evening Review Journal, a newspaper of general circulation, printed and published in said City of Las Vegas, Clark County, Nevada. The foregoing Motion, upon being put to vote was carried by the following vote: Voting AYE: Commissioners Krause, Marble, Ronnow and His Honor the Mayor, Voting no, none. Absent Commissioner Perry.