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2 5 meeting June 5, 1956. The Manager was authorized to defer shutting off the water until a decision was reached. Mr. Bigelow thanked the Board members for their consideration and was excused from the meeting. President Campbell rejoined the meeting at this time and Director Cornwall stepped down from the chair. President Campbell presided over the balance of the meeting. Director Miller asked President Campbell if Mr. Bigelow leased the trailer court or owned it. President Campbell advised that Mr. Bigelow had originally handled the sale of this property and has been managing the property on a percentage basis for the new owner. He has recently made arrangements whereby he would be able to buy an interest in the business. The President explained that these transactions had nothing to do with Campbell Realty Company. SPECIFICATION NO- 4, SCHEDULE I - Cont*d. Manager Renshaw noted that Wells Stewart owed the District $133*46 for damage to District facilities dating from December 9* 1955* He requested a decision by the Board as to whether this amount should be withheld from the final payment. Following a brief discussion, it was agreed to take no action, the matter being put over until the next meeting. CITY OF LAS VEGAS PARK SITE - WEST CHARLESTON PROPERTY The following letter received from Mayor C. D. Baker was considered by the Board. ”Mr. Thomas A. Campbell, President May 15, 1956 Las Vegas Valley Water District 135 South 4th Street Las Vegas, Nevada Dear Mr. Campbell & Members of the Board of Directors of the Las Vegas Valley Water District: Prior to the formation of the Las Vegas Valley Water District the City of Las Vegas had an agreement with the Las Vegas Land and Water Company, the owners of property adjacent to Hyde Park Subdivision. The agreement with the Las Vegas Land and Water Company covered this parcel of property to be used by the City of Las Vegas under lease agreement for a park and recreational area. This agreement was subject to being ratified by the Las Vegas Valley Water District, once it became the owner of the property. Upon such understanding, the area was graded at an expense of $3*000.00 of City funds. When the Las Vegas Valley Water District did become the owner of the property, as you will recall, there were negotiations between the City and the District for the continuation of the use of this land under an agreement with the District for park and recreational purposes, maintained by the City of Las Vegas, by lease for twenty (20) years more or less. The negotiations were carried on for quite some time and seemed to reach an impasse over a point raise by the Bonding Attorneys as to whether it would be proper for the District to enter into such a long term lease with the City of Las Vegas.