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481 Motion seconded by Commissioner Whipple and carried by the following vote: Commissioners Bunker, Moore, Peccole, Whipple and His Honor voting aye; noes, none. PAWN SHOP APPLICATION The application of J. D. Bentley, 205 Fremont for a pawnshop license was requested held in abeyance until October 3, 1949 at 3:00 P.M. BIDS - Printing of Consideration of bids received for the printing of Civil Service Rules and Civil Service Rules Regulations were requested held in abeyance until October 3, 1949. & Regulations There being no further business to come before the meeting at this time Commissioner Whipple moved that this meeting recess until October 3, 1949 at 3:00 P.M. Motion seconded by Commissioner Moore and carried by the following vote: Commissioners Bunker, Moore, Peccole, Whipple and His Honor voting aye; noes, none. ATTEST: APPROVED City Clerk Mayor Las Vegas, Nevada October 3, 1949 A recessed regular meeting of the Board of Commissioners held this 3rd day of October, 1949 was called to order at the hour of 3:50 P.M. by His Honor Mayor E. W. Cragin with the following members present: Commissioners Bunker, Moore, Peccole, Whipple; Acting City Manager George 0. Treem, City Attorney Howard W. Cannon and City Clerk Shirley Ballinger. EMERGENCY LOAN - This being the time set for the award of bid on the City of las Vegas temporary emergency loan Bid Accepted in the amount of $120,000, His Honor read the bid of the Board of Finance (Public Employees RESOLUTION NO. 156 Retirement Fund) heretofore opened on September 28, 1949. Thereafter the following action was taken: RESOLUTION WHEREAS, under date of September 12, 1949 the Board of Commissioners passed a resolution declaring that an emergency and great necessity existed requiring a temporary loan for the purpose of meeting such necessity and emergency, and; WHEREAS, pursuant to such resolution a notice of the intention of the Board to act thereon was duly published in the Las Vegas Review Journal in its issue of August 25, 1949, reciting that at a meeting of the said Board of City Commissioners to be held on the 12th day of September, 1949 at the hour of 3:00 o'clock P.M. of said day in the Commissioners' Room in the City Hall in Las Vegas, Nevada, said Board would act upon a resolution reciting the character of the necessity and authorizing a temporary emergency loan in the sum of $120,000.00, and, WHEREAS, said Board of Commissioners did meet at the time and place specified, to-wit: on the 12th day of September, 1949 at the hour of 3:00 o'clock P.M. on said day in the Commissioners' Room in the City Hall in Las Vegas, Nevada, and; WHEREAS, at the time and place specified, and a full Board being present, said Board unanimously adopted a resolution reciting the existence of a great emergency and necessity for a temporary loan of $120,000.00, and in which resolution a temporary loan in said amount was unanimously authorized for the purpose of meeting the necessity and emergency existing, and; WHEREAS, pursuant to the resolution last above mentioned, a certified copy thereof was forwarded to the State Board of Finance of the State of Nevada for its approval, and; WHEREAS, at its meeting held September 21, 1949, said State Board of Finance approved the action and resolution of the Board of City Commissioners of Las Vegas, State of Nevada, authorizing a temporary loan in the amount of $120,000.00 as in said resolution set forth and authorized, a certified copy of the resolution of said Board of Finance authorizing said temporary loan being in the words and figures following: " STATE BOARD OF FINANCE Meeting held September 21. 1949 RESOLUTION AUTHORIZING CITY COMMISSIONERS OF THE CITY OF LAS VEGAS TO MAKE TEMPORARY EMERGENCY LOAN WHEREAS, It being made to appear to the satisfaction of the State Board of Finance, duly called and met in session under and pursuant to the provisions of that certain Act of the Legislature of Nevada entitled "An Act Regulating the Fiscal Management of Counties, Cities, Town, School Districts and other Governmental Agencies," approved March 22, 1917, as amended, that a great necessity or emergency has arisen in the CITY OF LAS VEGAS, State of Nevada, and that necessity now exists for authorizing the obtaining of a temporary loan by and on the part of the CITY COMMISSIONERS OF THE CITY OF LAS VEGAS for the purpose of meeting such emergency as expressed in and shown by the preamble and resolution unanimously adopted at a meeting of said CITY COMMISSIONERS OF THE CITY OF LAS VEGAS duly called and held on the 12TH OF SEPTEMBER, authorizing a temporary loan for the purpose set forth in said resolution, a duly certified copy of which is now on file and of record in the office of the State Board of Finance; and WHEREAS, It further appearing that notice of intention to adopt said emergency resolution was duly published according to law, therefore, be it