UNLV Special Collections provides copies of materials to facilitate private study, scholarship, or research. Material not in the public domain may be used according to fair use of copyrighted materials as defined by copyright law. Please cite us.
Please note that UNLV may not own the copyright to these materials and cannot provide permission to publish or distribute materials when UNLV is not the copyright holder. The user is solely responsible for determining the copyright status of materials and obtaining permission to use material from the copyright holder and for determining whether any permissions relating to any other rights are necessary for the intended use, and for obtaining all required permissions beyond that allowed by fair use.
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.
Digital Provenance
Digitized materials: physical originals can be viewed in Special Collections and Archives reading room
Publisher
University of Nevada, Las Vegas. Libraries
Transcription
Mr. A E. Stoddard 2* for $2,000,000, or over, that we be authorized to agree to accept general obligation bonds in lieu of cash. We have been assured that these bonds will be tax free. 3) In case it would be advantageous to the District, we be authorized to make them a proposition whereby we will take a down payment on the properties in the amount of $1 ,500,000 in bonds and permit them to purchase the properties under a sale contract with twenty years to pay the balance, with interest at In case we are able to negotiate the sale at $2,500,000, it would require monthly payments of $6326.50 to amortize the $1,000,000 in twenty years, or monthly payments of $3163.25> If we negotiate the sale for no more than $2,000,000. I am attaching hereto two photostats showing the 507 acres of land to be included in the purchase by the Las Vegas Valley Water District. In my opinion it is essential that we be advised promptly if the foregoing recommendations are approved, and if not, what basis we will be authorized to negotiate and reach an agreement as to the price for the sale of these properties. W. H. HULSIZER ATT
