Las Vegas City Ordinances, November 13, 1950 to August 6, 1958, lvc000015-464

(Insert as amount of coupon for bond in denomination of $845.23) (Insert as amount of coupon for bond in denomination of $700.00) (Insert as amount of coupon for bond in denomination of $1000.00) (Insert in all coupons (Except No. l) maturing on and after one year from date on each bond.) SECTION 5. That when said bonds have been duly executed, the City Treasurer in the City of Las Vegas shall deliver them to the lawful purchaser thereof on reapplied solely to defray the cost and expense of making said improvements, but the purchaser of said bonds shall in no manner be responsible for the application by said City, or any of its officers, of any of the funds derived from the sale thereof. SECTION 6. That the officers of the City of Las Vegas be, and they hereby are, authorized and directed to take all action necessary or appropriate to effectuate the provisions of this ordinance, in­cluding, without limiting the generality of the foregoing, the printing of said bonds and the execution of such certificates as may reasonably be required by the purchasers thereof, relating, inter alia, to the signing of the bonds, the tenure and identity of the municipal officials, the amounts certified on the assessment roll together with the amount of cash payments, the accuracy of property descriptions, the receipt of the assignable certificates and the delivery of the bonds, and the absence of litigation pending or threatened affecting the validity of the bonds. SECTION 7. That after said street improvement bonds are issued, this ordinance shall be and remain irrepealable until said bonds and the interest thereon shall be fully paid, certified and discharged, as herein provided. SECTION 8. That all ordinances or resolutions, or parts thereof, in conflict with the pro­visions of this ordinance, are hereby repealed. This repealer shall not be construed to revive any ordinance, nor resolution, or part thereof, heretofore repealed. SECTION 9. That if any one or more sections, sentences, clauses or parts of this ordinance shall, for any reason, be questioned or be held invalid, such judgment shall not affect, impair or invalidate the remaining provisions of this ordinance, but shall be confined in its operation to the specific sections, sentences, clauses or parts of this ordinance so held unconstitutional and in­valid, and the inapplicability and invalidity of any section, sentence, clause or part of this or­dinance, in any one or more instances shall not affect or prejudice in any way the applicability and validity of this ordinance in any other instances. SECTION 10. That by reason of the fact that the streets of the City of Las Vegas are in­adequate to meet the present and future needs of the City and its inhabitants and that it is necessary immediately to raise funds to improve said streets; therefore, it is hereby declared that an emergency exists, and that this ordinance is necessary for the immediate preservation of the public peace, health and safety. SECTION 11. That the City Clerk and Clerk of the Board of Commissioners of the City of Las Vegas, shall cause this ordinance to be published once a week for two successive weeks immediately following its final reading and adoption, in the Las Vegas Sun, a daily newspaper published in said City. PASSED, ADOPTED AND APPROVED this 11th day of April, 1956. /s/ C. D. BAKER, Mayor (SEAL) ATTEST: /s/ SHIRLEY BALLINGER, City Clerk Those voting in favor of the foregoing ordinance: Commissioner _____________________ Commissioner _______________ Commissioner __________________ Commissioner ________________ Mayor _______________________ Nays: _______________________