The state legislature was holding hearings on a bill that would replace restrictions on the water district that would endanger their outstanding bond issue.
Letter from the Las Vegas Valley Water District's president informing the District's bond underwriters that pending legislation had been defeated. The measures would have affected holders of the $8,700,000 waterworks bonds. Supporting documents from the District include a report dated March 30, 1957, which summarized the six pieces of legislation and a press release dated April 1, 1957, outlining the 48th session of the State Legislature's decisions on the legislation.
Contract resolving the issue of final payment to the Union Pacific Railroad for contractually obligated work on the water system after the water district had taken control of the water.