Las Vegas City Commission Minutes, November 7, 1949 to May 21, 1952, lvc000007-344

PAGE 16, of Assessment Roll LAND & IMPR LOCATION: Block 6, Pioneer Heights ASSESSMENTS REVISED AMOUNT LOT E½ 17 thru 21 Saponara, Faust & Camilla G. $2,090. $ 931.26 2712 Valley City W½ 17 thru 21 Craven, A. E. & Emma M. 775 . 262.25 917 E. Carson Ave. 2,390. City PAGE 33 of Assessment Roll LOCATION: Block 5, Ladd’s Addition 1 thru 3 Desert Plaza Apts., Inc 8,150 . 695.76 1201 E. Fremont Ave. 107,540. City LOCATION^ Block 6, Ladd’s Addition 1 thru 16 Stocker, Harold J. & Geraldine M. 29,500, 4,705.12 1201 E. Fremont 16,140. City PAGE 35 of Assessment Roll LOCATION: Block 11, Ladd’s Addition 7,8 Schultz, Henry C. 1,200. 1.00 319 Fremont Ave 13,736. City Motion seconded by Commissioner Bunker and carried by the following vote: Commissioners Bunker, Peccole, Whipple and His Honor voting aye; noes, none. Absent: Commissioner Moore. RESOLUTION - Assessment Commissioner Whipple introduced and moved the adoption of the following District No. 100-2 resolution, which was thereupon read in full, and at length, and Notice of Sale of Bonds is as follows: resolution WHEREAS, the City of Las Vegas, in the County of Clark and State of Nevada, and the officers thereof, have taken' action to improve certain streets and parts of streets therein; and WHEREAS, said City has created Street Improvement Assessment District No. 100-2 for the purpose of making said improvements} and WHEREAS, said City assessed the entire cost and expense of making said improve­ments, including all incidental expenses which may be legally included in the sums assessed, against the owners and the assessable lots, premises and property specially benefited by such improvements and included within said District; and WHEREAS, said City heretofore provided that:said assessments were due and payable at the office of the County Treasurer of Clark County, Nevada, acting ex-officio City Treasurer of Clark County, Nevada, acting ex-officio City Treasurer and ex-officio Tax Collector of said City, without interest and without demand, within one week after the special assessment roll for said District was confirmed and approved; and WHEREAS, said roll was confirmed and approved on 28th day of February,1951; and WHEREAS, the said roll was amended in certain particulars on the 9th day of March, 1951; and WHEREAS, within the time provided in the Resolution, there was paid the aggregate sum of $22,641.25, and there remains unpaid assessments in the aggregate principal amount of $225,463.75; and WHEREAS, said City heretofore provided that the failure to pay the whole of any assessment, or any part thereof, within said period of one week should be conclusively considered an election on the part of all persons interested to pay said assessment in ten substantially equal annual installments of principal, the first of which installments of principal shall be due and payable on or before the 1st day of December 1, 1951, an annually thereafter on the same day in each year until paid, at the same rate interest as that provided for the special assessment bonds to be thereafter authorized, sold, issued and delivered, but not to exceed seven per centum (7%) per annum; and WHEREAS, said City and the officers thereof have determined, and do hereby determine, that it is necessary and for the best interests of said City and the inhabitants thereof that it issue its Assessment District No. 100-2 Street Improvement Bonds, Series of January 1, 1951, in an aggregate principal amount equal to the aggregate principal amount of said unpaid assessments, to-wit, $225,463.75, to defray said entire cost and expense of making said improvements, except to the extent funds are available therefor from the assessments which have been heretofore paid; and