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BE IT FURTHER RESOLVED, that the right to use said water granted herein shall not be assignable without the consent of the City first having been obtained, and BE IT FURTHER RESOLVED, that it is hereby declared to be the intent of the City that this agreement shall be continued from year to year so long as the terms and conditions herein set forth shall be carried out and insofar as this grant may be binding on subsequent Boards of Commissioners of the City of Las Vegas. Motion seconded by Commissioner Whipple and carried by the following vote: Commissioners Sharp, Whipple and His Honor voting aye; noes, none. Absent: Commissioners Bunker and Fountain. At the hour of 9:05 P.M. the meeting recessed, and reconvened at the hour of 9:20 P.M. with all members present as of the opening session. The Commission requested that the City Attorney prepare an appropriate resolution commending the Reserve Police for the outstanding service and long hours they have put in assisting the Police Department, and present the resolution for adoption at the next regular meeting on October 2, 1957. City Manager Kennedy advised the Commission that the City has been leasing a D-8 Cat-and-Can, which is a caterpillar, ripper, scraper and bulldozer blade, from Cashman to do certain types of heavy road construction at an approximate cost of $12,000 a year. Mr. Kennedy requested permission to enter into a lease-purchase agreement to purchase this piece of equipment at approximately $24,000 and further requested permission to look into the possibility of having the papers carried by one of the local banks since the interest rate will be lower. Commissioner Sharp moved the request of the City Manager be approved, and authorization granted to enter into a lease-purchase contract with Cashman for a D-8 Cat-and-Can at an approximate cost of $24,000; further that the papers on this contract be financed through one of the local banks if possible. Motion seconded by Commissioner Whipple and carried by the following vote: Commissioners Sharp, Whipple and His Honor voting aye; noes, none. Absent: Commissioners Bunker and Fountain. Mr. Kennedy also requested permission to purchase a large grader. The City Manager reported that this piece of equipment is needed for road construction and would cut down on the necessity of contracting out various portions of street improvement to local contractors. Mr. Kennedy advised the Commission that the piece of equipment needed can be secured from the Clark County Wholesale Company. Commissioner Sharp moved this recommendation be accepted and authorization granted to enter into a lease-purchase contract with Clark County Wholesale for a Model T-500 Galion Motor Grader at an estimated cost of $19,725.00. Motion seconded by Commissioner Whipple and carried by the following vote: Commissioners Sharp, Whipple and His Honor voting aye; noes, none. Absent: Commissioners Bunker and Fountain. There being no further business to come before the meeting, Commissioner Sharp moved this meeting adjourn at the hour of 9:30 P.M. Motion seconded by Commissioner Whipple and carried by the following vote: Commissioners Sharp, Whipple and His Honor voting aye; noes, none. Absent: Commissioners Bunker and Fountain. ATTEST: APPROVED: City Clerk Mayor RESOLUTION OF COMMENDATION Reserve Police STREET CONSTRUCTION EQUIPMENT Purchase Authorized MOTOR GRADER - Purchase Authorized