Las Vegas City Commission Minutes, May 26, 1952 to February 17, 1954, lvc000008-509

479 9-Hole Golf Course Commissioner Whipple moved the request of Longley Construction Co., for partial payment on the 9- Extension hole extension of the Golf Course, in the total amount of $31,573.90 be approved and the Mayor Partial Payment and City Clerk authorized to sign the warrant when prepared. Motion seconded by Commissioner Sharp and carried by the following vote: Commissioners Banker, Jarfett, Sharp, Whipple and His Honor voting aye; noes, none. CHARLESTON PARK Commissioner Bunker moved action on the tentative map of Charleston Park be deferred until the Tentat/ive Map street alignment is straightened out. Motion seconded by Commissioner Whipple and carried by the following vote: Commissioners Bunker, Jarrett, Sharp, Whipple and His Honor voting aye; noes, none. VARIANCE APPLICATION Commissioner Sharp moved that action on the application of Magnolia McCoy Badie for variance Magnolia Badie to construct and maintain an apartment hotel on Lots 5 and 6, Block 29, H.F.M.&M., within 5 V-64-53 feet of the front, side and rear property lines be deferred until plans are submitted on the proposed building. Motion seconded by Commissioner Bunker and carried by the following vote: Commissioners Bunker, Jarrett, Sharp, Whipple and His Honor voting aye; noes, none. PROPOSED ORDINANCE Commissioners Sharp and Whipple, committee for recommendation on the proposed Subdivision Subdivision Ordinance requested additional time before reporting. ORDINANCE NO. 572 an ordinance entitled: AN ORDINANCE TO REPEAL SECTION 39 (b) CODE OF LAS VEGAS, NEVADA, Traffic 1949, AND TO AMEND SECTION 51, CHAPTER 36, CODE OF LAS VEGAS, NEVADA, 1949, BY PROVIDING REGULATIONS FOR THE MOVEMENT OF TRAFFIC; PROVIDING FOR THE OVERTAKING AND PASSING OF OTHER VEHICLES PROCEEDING IN THE SAME DIRECTION; PROVIDING FOR OTHER MATTERS PROPERLY RELATED THERETO; PROVIDING FOR PENALTIES FOR THE VIOLATION OF THIS ORDINANCE; AND REPEALING ALL ORDINANCES AND PARTS OF ORDINANCES IN CONFLICT HEREWITH, Having been reported on favorably by Commissioners Bunker and Jarrett was read in full to the Board. Thereafter Commissioner Jarrett moved the above entitled Ordinance No. 572 be adopted. Motion seconded by Commissioner Bunker and carried by the following vote: Commissioners Bunker, Jarrett, Sharp, Whipple and His Honor voting aye; noes, none. ORDINANCE NO. 573 An ordinance entitled: AN ORDINANCE TO AMEND CHAPTER 24, SECTION 26, CODE OF LAS VEGAS, NEVADA, Setback Lines BY CHANGING THE MINIMUM BUILDING LIKE SETBACK AND FUTURE WIDTH LINE IN CERTAIN AREAS; PROVIDING OTHER MATTERS PROPERLY RELATED THERETO; AND REPEALING ALL ORDINANCES OR PARTS OF. ORDINANCES IN CONFLICT THEREWITH, having been reported on favorably by Commissioners Jarrett and Sharp was read in full to the Board. Commissioner Sharp moved the above entitled ordinance No. 573 be adopted. PROPOSED ORDINANCE Commission Voting Restrictions Motion seconded by Commissioner Whipple and carried by the following vote: Commissioners Bunker, jarrett, Sharp, Whipple and His Honor voting aye; noes, none. Commissioners Jarrett and Whipple, committee for recommendation on the proposed ordinance on Commission Voting Restrictions requested additional time before reporting. EMERGENCY ORDINANCE No. 574 General Obligation Sewer Bonds Commissioner Whipple introduced and moved the adoption of the following emergency ordinance, which was thereupon read in full and at length and is as follows: AN ORDINANCE PROVIDING FOR THE ISSUANCE BY THE CITY OF LAS VEGAS OF ITS NEGOTIABLE COUPON BONDS IN THE AGGREGATE PRINCIPAL AMOUNT OF $900,000.00 TO BE DESIGNATED "CITY OF LAS VEGAS, NEVADA, GENERAL OBLIGATION SEWER BONDS, SERIES OF SEPTEMBER 1, 1953;" PRESCRIBING THE FORM OF SAID BONDS; PROVIDING FOR THE LEVY AND COLLECTION OF AN ANNUAL AD VALOREM TAX; AUTHORIZING THE EXECUTION OF SAID BONDS; PRESCRIBING OTHER DETAILS IN CONNECTION THEREWITH; AND DECLARING AN EMERGENCY. WHEREAS, the City of Las Vegas is a municipal corporation duly organized and existing under the general statutes of the State of Nevada; and WHEREAS, at a special bond election duly called and held within the City of Las Vegas at the same time as the general city election on Tuesday, the 5th day of May, 1953, the following proposal was submitted to the qualified electors of the City of Las Vegas; "Shall the City of Las Vegas issue its negotiable coupon General Obligation Sewer Bonds in the aggregate principal amount of $900,000.00, or so much thereof as may be necessary, for the purpose of defraying in part the cost of acquiring, constructing and establishing additional sanitary sewer trunk lines and interceptors to the exist­ing municipal sewerage system, said bonds to bear interest at a rate of not more than seven percent per annum, and to mature serially in regular numerical order at annual intervals in substantially equal amounts of principal or substantially equal amounts of principal and interest, commencing not later than the year 1956 and ending not later than the year 1978, both inclusive, said bonds maturing after the year 1963 to be subject to prior redemption at the option of the City on such terms as the Board of Commissioners may determine on ary interest payment date on and after ten years from the date of the bonds said bonds to be payable from an annual general tax levy and from such other sources available therefor as the Board of Commissioners may at its option determine?" and WHEREAS, more than a majority of such qualified electors voting on said question, voted in favor of creating such debt and the issuance of such bonds; and WHEREAS, thereafter, pursuant to notice duly given in accordance with the statutes of the State of Nevada, sealed bids were received and publicly opened on the 5th day of August, 1953, for the purchase of said bonds, said bonds being sold to Schwabacher & Co., San Francisco, California, and associates, at a price equal to the principal amount thereof with accrued interest to the date