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upr000258 258

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upr000258-258
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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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    Digitized materials: physical originals can be viewed in Special Collections and Archives reading room

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    University of Nevada, Las Vegas. Libraries

    by reason of the increase or decrease in said Index being expressed in 1 / 1 0 0 's of 1 % shall be computed as a discount or premium; any such p r e m i u m o r discount shall be added to or deducted from, as the case m a y be, the premium, if any, stated in the bid and the remaining p r e m i u m o r discount, if any, shall be added to or deducted from the purchase price of the bonds to be delivered in the second installment. In no event shall any such adjustment be made so as to result in a coupon rate or rates in excess of six per cent (6 $) per annum and an interest yield of more than six p e r cent (6 $) per annum, computed to average m a t u r i t y according to standard tables of bond values. No t w i t h s t a n d i n g any provisions herein w h i c h might require a greater adjustment by reason of an increase in the interest yields of said Index b e t w e e n the award edition and the deli v e r y edition, the successful bidder must accept and take deli v e r y of bonds in said second installment at an interest rate o r rates and an interest yield w h i c h do not exceed the maximums specified in this paragraph. A certified o r cashier's check drawn on a responsible bank or trust company in the sum of $ 2 0 0 ,0 0 0 payable to the order of Las Vegas V a l l e y Water District must accom p a n y each proposal as a guaranty that the bidder, if successful, will accept and pay for said bonds in accordance w i t h the terms of his bid. The proceeds of the check accompanying any accepted 15