Las Vegas City Commission Minutes, May 26, 1952 to February 17, 1954, lvc000008-141

authorizing a temporary loan in the amount of $25,000.00 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 July 15, 1952 RESOLUTION AUTHORIZING Board of 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, Towns, Sc hool Districts and other Governmental Agencies," approved March 22, 1917, as amended, that a great necessity or emergency has arisen in the County of Clark, State of Nevada, and that Necessity now exists for authorizing the obtaining of a temporary loan by and on the part of the Board of Commissioners of the City of Las Vegas, Nevada, for the purpose of meeting such emergency as expressed in and shown by the preamble and resolution unanimously adopted at a meeting of said Board of Commissioners duly called and held on the 27th day of June, 1952, 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 RESOLVED, By the State Board of Finance, that said act and resolution of said Board of Commissioners of the City of Las Vegas, Clark County, Nevada, State of Nevada, authorizing a temporary loan of Twenty-Five (25,000.00) thousand dollars as in said resolution set forth and authorized, be and the same is hereby approved; and be it further RESOLVeD, That a duly certified copy of this resolution be transmitted by the Secretary of the State Board of Finance to said Board of Commissioners of Las Vegas, Clark County, Nevada in order that the same may be recorded in the minutes of the meeting of said Board of Commissioners, as provided by law, which certified copy was upon motion duly made, seconded and unanimously carried by the said Board of City commissioners, ordered to be recorded in the minutes of this Board of City Commissioners and WHEREAS, The Board of Commissioners being authorized to make an emergency loan in the sum of Twenty Five Thousand Dollars ($25,000.00) to meet the emergency set forth in the resolution by this Board adopted at its meeting held on the 27th day of June, 1952, as aforesaid. NOW, THEREFORE, BE IT RESOLVED that the City Manager and City Comptroller make a temporary loan as provided in the Emergency Resolution of June 27, 1962; and BE IT FURTHER RESOLVED, that when said Emergency loan has been made, a report be filed with this Board. Motion seconded by Commissioner Peccole and carried by the following vote: Commissioners Bunker, Jarrett, Peccole and His Honor Mayor Pro Tern Whipple voting aye; noes, none. Absent: Mayor Baker. RESOLUTION ACCEPTING On motion of Commissioner Bunker, duly seconded by Commissioner Jarrett, and carried unanimously, DEED Oakey Boulevard the following Resolution is adopted: R/W L.A. Woitishek R E S O L U T I O N BE IT ReSOLVED, this 6th day of August, by the Board of Commissioners of the City of Las Vegas, County of Clark, State of Nevada, that the deed, dated the 25th day of July, 1952, executed by Fifth Street Properties, Inc., L.A. Woitishek, President, to the City of Las Vegas, County of Clark, State of Nevada, and that the real property described therein be, and is hereby accepted, for the purposes and intentions as therein set forth; and, BE IT FURTHER ReSOLVeD, that a copy of this Resolution be attached to said deed, and that the same be recorded in the office of the County Recorder of the County of Clark, State of Nevada, and filed in the records of this Board. Commissioner Bunker moved that action on whether or not Oakridge Subdivision, would be required to pave the portion of Oakey Boulevard in front of their Subdivision, be held in abeyance until the next regular meeting on August 20, 1952. Motion seconded by Commissioner Jarrett and carried by the following vote: Commissioners Bunker, Jarrett, Peccole and His Honor Mayor Pro Tem Whipple voting aye; noes, none. Absent: Mayor Baker. The Mayor Pro Tem announced that this was the time and place designated for the Board of Commissioners of the City of Las Vegas, Nevada to offer for sale, and to receive sealed bids and publicly open the same for the City's special assessment negotiable coupon bonds, designated City of Las Vegas Assess­ment District No. 100-17 Street Improvement Bonds, Series of July 1, 1952 in the aggregate principal amount of $273,971.88. Thereupon, all of said bids received were opened and are as follows: ANNUAL RATE PREMIUM NO. OF SETS OF INTEREST OOF COUPONS K OF NEVADA 4.40% None 2 Thereafter Commissioner Jarrett moved the foregoing bid be referred to the City Manager and City Attorney for approval and recommendation. Motion seconded by Commissioner Bunker and carried by the following vote: Commissioners Bunker, Jarrett, Peccole and His Honor Mayor Pro Tem Whipple voting aye; noes, none. Absent: Mayor Baker. REQUEST FOR warnings Commissioner Jarrett moved that in view of information from the City Attorney that the City may Floyd E. Young not have the authority to pay the claim of Floyd E. Young for earnings during the time he was suspended from the Police Department, that this claim in the amount of $921.44 be denied. Motion seconded by Commissioner Bunker and carried by the following vote: Commissioners Bunker, assessment district NO. 100-17 Bid on Bonds BIDDeR FIRST NATIONAL BANK OAKRIDGE SUBDIVISION Oakey Blvd. Improvement