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Transcription
Las Vegas - September 3* 19*»8 V 20 Mr. F. 0. F&t&sesn ( oc - Mr. Charles Adams Mr. A* 0. Ritter) lour memo September 2 regarding status ot $350*000 bond Issue to cover new Sewage Disposal Plant at Las Vegas* SEm Sh m ^I ? ? / . \ In order to make these bonds attractive to potential purchasers* a City Ordinance is being passed providing for monthly sewer rental charge of $1.00 for each residence with a sliding scale for Motels* multiple units and business houses* which it is expected will provide $90*000 additional annual revenue to the City. This fund will be used to amortize the bonds* pay the interest thereon and provide for future sewer main extensions. The hands are being re-advertised for sale and it is now expected that no difficulty will be encountered in disposing of then, ih view of these additional revenues. With reference to the parking meters* the standards are now being Installed and should be completed in the next two weeks. A. M. Folger
