Las Vegas City Ordinances, March 31, 1933 to October 25, 1950, lvc000014-354

AFFIDAVIT OF PUBLICATION STATE OF NEVADA) COUNTY OF CLARK) Dick Lochrie, being first duly sworn, deposes and says: That he is foreman of the LAS VEGAS EVENING REVIEW-JOURNAL, a daily newspaper, of general circulation, printed and published at Las Vegas, in the County of Clark, State of Nevada, and that the attached was continuously published in said newspaper for a period of two weeks from September 24, 1948 to October 1, 1948 inclusive, being the issues of said newspaper for the following dates, to-wit: Sept. 24, October 1. That said newspaper was regularly issued and circulated on each of the dates above named. /s/ Dick Lochrie_________________ Subscribed and sworn to before me this 1st day of October, 1948. /s/ A. E. Cahlan Notary Public in and for Clark County, Nevada My Commission Expires Jan 12, 1951 —oooOOOOOOOooo— ORDINANCE NO. 364 AN ORDINANCE PROVIDING FOR THE IMPOSITION AND COLLECTION OF RATES, FEES AND CHARGES FOR THE USE OF THE SER­VICES AND FACILITIES OF THE SEWAGE DISPOSAL SYSTEM OF THE CITY OF LAS VEGAS; AUTHORIZING AND EMPOWERING THE CITY TO REQUIRE CONNECTION WITH SANITARY SEWERS SERVED OR WHICH MAY BE SERVED BY SAID DISPOSAL SYSTEM; PRO­VIDING A PENALTY FOR THE FAILURE AND REFUSAL TO MAKE SUCH CONNECTION; AND PLEDGING THE NET REVENUES DERIVED FROM THE IMPOSITION OF SUCH RATES, FEES AND CHARGES AS ADDITIONAL SECURITY FOR THE PAYMENT OF THE LAS VEGAS SEWAGE DISPOSAL PLANT BONDS, SERIES OF MAY 1, 1948. WHEREAS, the City of Las Vegas now owns and operates a municipal sewage disposal system consisting of intercepting sewers, force mains, sewage pumping works and related facilities; and WHEREAS, the Board of Commissioners of the City of Las Vegas has determined and does hereby determine that said municipal sewage disposal system should be improved and extended by the construction of a sewage dis­posal plant for the treatment of sewage discharged into said system; and WHEREAS, at an election duly called and held on the 6th day of May, 1947, the qualified electors of the City of Las Vegas authorized the issuance of bonds in the sum of $350,000.00 to secure the necessary funds to finance the construction of said sewage disposal plant; and WHEREAS, Emergency Ordinance No. 353 duly adopted by the Board of Commissioners on the 23rd day of April, 1948, as amended and supplemented provided for the issuance and public sale of said bonds; and WHEREAS, said bonds were thereafter offered at public sale with the maximum interest rate of three per centum per annum but no bids were received for their purchase; and WHEREAS, the Board of Commissioners is informed that said bonds cannot be sold at par and accrued interest bearing an interest rate of not exceeding three per cent. (which was the maximum interest rate approved by the electors) unless said bonds are additionally secured by a pledge of the net revenues to be derived from the operation of the municipal sewage disposal system; and WHEREAS, Section 20, Chapter II of the Charter of the City of Las Vegas provides that the Board of Commissioners shall be vested with the power and charged with the duty of making all laws or ordinances not inconsistent with the Constitution of the State of Nevada, touching every object, matter and subject within the local government instituted by the Charter and Section 31 (5) of Chapter II of said Charter empowers the Board of Commissioners to issue bonds in such amount and forms and on such conditions as the Board of Commissioners shall determine; and WHEREAS, Section 31 (81) of Chapter II of the Las Vegas Charter further authorizes the Board of Commissioners to adopt and enforce by ordinance all such regulations as the Board of City Commissioners may from time to time deem expedient and necessary for the promotion and protection of health, comfort, safety, life and welfare of the inhabitants of the City of Las Vegas; and WHEREAS, the Board of Commissioners deem it expedient to adopt by this ordinance a schedule of rates, fees and charges for the use of the services and facilities of the municipal sewage disposal system of the City of Las Vegas and to pledge the revenues derived therefrom as additional security for the pay­ment of the Las Vegas Sewage Disposal Plant Bonds, Series of May 1, 1948, thereby making possible the sale of said bonds and the improvement of the municipal sewage disposal system by the construction of a sewage disposal plant; and WHEREAS, said Las Vegas Sewage Disposal Plant Bonds, Series of May 1, 1948 have not and will not be issued and delivered prior to the effective date of this ordinance. NOW, THEREFORE, THE BOARD OF COMMISSIONERS OF THE CITY OF LAS VEGAS, NEVADA DOES ORDAIN: Section 1. That all action heretofore taken by the Board of Commissioners and the officers of the City of Las Vegas directed toward the improvement and extension of the municipal sewage disposal system by the construction of a sewage disposal plant be and the same is hereby ratified, approved and confirmed. Section 2. That the City of Las Vegas hereby covenants with the holders of any and all of the Sewage Disposal Plant Bonds, Series of May 1, 1948, authorized to be issued by Emergency Ordinance No. 353, adopted the 23rd day of April, 1948, as amended and supplemented, that so long as any of said bonds are outstanding, the City will establish such rates for services rendered by or through the municipal sewage disposal system as will create income sufficient to pay all reasonable expenses of operation and to create a net revenue which shall be sufficient to pay the principal of and the interest on said Sewage Disposal Plant Bonds, Series of May 1, 1948 and to maintain such rates continuously until the bonds authorized by said ordinance as amended and supplemented have been fully paid and discharged.