An inductor, also called a coil or reactor, is a passive two-terminal electrical component that stores electrical energy in a magnetic field when electric current is flowing through it. An inductor typically consists of an electric conductor, such as a wire, that is wound into a coil. When the current flowing through an inductor changes, the time-varying magnetic field induces a voltage in the conductor, described by Faraday's law of induction. According to Lenz's law, the direction of induced electromotive force (e.m.f.) opposes the change in current that created it.
Designated a National Historic Landmark in 1963, the park is currently managed by the Central Park Conservancy under contract with the city government. The Conservancy is a nonprofit organization that contributes 85% of Central Park's $25 million dollar annual budget, and employs 80% of the park's maintenance staff.
The land has survived both fire and the threat of being paved over in the name of freeway expansion; it was restored as the Central Park of Las Vegas for the city's centennial in 2005 and opened to the public two years later as the Las Vegas Springs Preserve, a huge site given over to botanical gardens, nature trails and a number of museum exhibits.