Las Vegas City Ordinances, March 31, 1933 to October 25, 1950, lvc000014-478

in the County of Clark, State of Nevada, and that the attached was continuously published in said newspaper for a period of 2 insertions from May 28, 1950 to June 4, 1950 inclusive, being the issues of said newspaper for the following dates, to-wit: May 28 & June 4, 1950. That said newspaper was regularly issued and circulated on each of the dates above named. s/ Carl R. Woodbury______________ Subscribed and sworn to before me this 4th day of June, 1950. s/ Neola Gierhart__________________ Notary Public in and for Clark County, Nevada My Commission Expires April 14, 1954. EMERGENCY ORDINANCE NO. 419 AN EMERGENCY ORDINANCE RELATING TO THE AUTHORIZATION AND ISSUANCE OF THE CITY OF LAS VEGAS MEADOWS ADDITION SANITARY SEWER BONDS IN THE AGGREGATE PRINCIPAL MOUNT OF $71,661.51 TO COVER CERTAIN UNPAID ASSESSMENTS HERETOFORE LEVIED AND CONFIRMED BY THE BOARD OF COMMISSIONERS OF THE CITY OF LAS VEGAS, FOR THE PURPOSE OF PAYING FOR THE WORK OF MAKING IMPROVEMENTS IN THE CITY OF LAS VEGAS BY INSTALLING A SANITARY SEWER IN CERTAIN STREETS AND PORTIONS OF STREETS IN SAID CITY AND MORE PARTICULARLY DESCRIBED IN THE SPECIAL ASSESSMENT DISTRICT AS CREATED BY ORDINANCE NO. 392, AND TO ISSUE AND SELL THE BONDS OF THE CITY OF LAS VEGAS THEREFOR, SAID BONDS TO BE KNOWN AS LAS VEGAS MEADOWS ADDITION SANITARY SEWER BONDS AND PROVIDING FOR THE COLLECTION OF THE SAID UNPAID ASSESSMENT BY DIVIDING THE SAME INTO TEN (10) ANNUAL INSTALLMENTS AND PLACING SAID INSTALLMENTS ON THE TAX ROLL OF CLARK COUNTY AND COLLECTING THE SAME IN THE SAME MANNER AS STATE AND COUNTY TAXES ARE COLLECTED BY LAW, AND OTHER MATTERS RELATING THERETO. The Board of Commissioners of the City of Las Vegas do ordain as follows: Section 1. That for the purpose of paying for the installation of a sanitary sewer system in and along all the streets embraced within the sanitary sewer assessment district #200-3, the particular lots and parcels of land and the persons to whom assessed being particularly described and set forth in the Assessment Roll on file in the City Clerk's office, for which special assessments have heretofore been levied and confirmed by the Board of Commissioners, and not paid in full by said owners of property on said streets heretofore named and in compliance with and by virtue and authority of the Legislature of the State of Nevada, approved March 16, 1911) j entitled "An Act to incorporate the town of Las Vegas in Clark County, and defining the boundaries thereof, and to authorize the establishing of a City Government therefor, and other matters relating thereto, as amended." The Board of Commissioners of the City of Las Vegas is hereby authorized, empowered and directed to issue in the name of the City of Las Vegas, seventy-one (71) bonds of the denomination of One Thousand Dollars ($1,000.00) and one (1) bond of the denomination of Six Hundred Sixty-One Dollars and Fifty-One Cents ($661.51), each bearing interest at the rate of not to exceed seven per cent (7%) per annum, both principal and interest being payable at the office of the City Treasurer in coin or currency of the United States of America which, on the respective dates of payment, is legal tender, all dated as of July 1, 1950, numbered consecutively from one upwards and to the extent such bonds are issued, maturing serially as follows: Bond Numbers Maturity Date Total 1 July 1, 1951 $ 661.51 2 & 3 July 1, 1951 $ 2,000.00 4 - 9 Inclusive July 1, 1952 $ 6,000.00 10 - 15 " July 1, 1953 $ 6,000.00 16 - 22 " July 1, 1954 $ 7,000.00 23 - 29 " July 1, 1955 $ 7,000.00 30 - 36 " July 1, 1956 $ 7,000.00 37 - 43 " July 1, 1957 $ 7,000.00 44-52 " July 1, 1958 $ 9,000.00 53 - 62 " July 1, 1959 $10,000.00 63 - 72 " July 1, 1960 $10,000.00 Bonds numbered 30 to 72, both inclusive, maturing on and after July 1, 1956 are subject to redemption in inverse numerical order at the option of the City of Las Vegas on the first day of July, 1956, or on any interest payment date thereafter prior to maturity at a price equal to the principal amount thereof with accrued interest to the redemption date. Notice of redemption shall be given by the City Treasurer of Las Vegas, Nevada, in the name of the City of Las Vegas by publication of said notice at least once in each calendar week on any day of the week for at least four successive weeks prior to the redemption date in a newspaper of general circulation in the City of Las Vegas and a copy of such notice shall be sent by registered j mail at least thirty days prior to the redemption date to the purchaser or purchasers of said bonds. Such notice shall specify the number or numbers of the bonds to be so redeemed (if less than all are to be redeemed) and the date fixed for redemption, and shall further state that on such redemption date there will become and be due and payable upon each bond so to be redeemed at the office of the City Treasurer the principal amount thereof with accrued interest to the redemption date, and that from and after such date, interest will cease to accrue. Notice having been given in the manner hereinbefore provided, the bond or bonds so called for redemption shall become due and payable on the redemption date so designated and upon presentation thereof at the office of the City Treasurer, together with all appurtenant coupons maturing subsequent to the redemption date the City of Las Vegas will pay the bond or bonds so called for redemption. Said bonds shall be signed by the Mayor of the City of Las Vegas, and by the City Clerk of the City of Las Vegas, and shall be countersigned by the City Treasurer of the City of Las Vegas under the seal of the City. Each of said bonds shall have attached thereto appropriate coupons to evidence the installments of interest due thereon and shall bear the signature or facsimile signature of the City Treasurer. The said bonds shall be known and called "Las Vegas Meadows Addition Sanitary Sewer Improvement Bonds" and shall be substantially in the! following form: " UNITED STATES OF AMERICA STATE OF NEVADA LAS VEGAS MEADOWS ADDITION SaNITARY SEWER IMPROVEMENT BONDS SERIES OF JULY 1, 1950