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Report: Valuations of water facilities at Las Vegas, May 10, 1951






Value of water production facilities of the railroad the the water company exclusive of land minus depreciation.

Digital ID


Physical Identifier

Box 24 Folder 80-11 Vol. 1 of 3 LVL&W Co. Proposed Sale of Water Production Facilities of UPRR Co.


hln001291. Union Pacific Railroad Collection, 1828-1995. MS-00397. Special Collections and Archives, University Libraries, University of Nevada, Las Vegas. Las Vegas, Nevada.


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(COPY) Sheet 1 of 2 WATER FACILITIES AT LAS VEGAS, NEVADA ELEMENTS OF VALUE Item LA&SLRRCo. LVL&WCo. Total EXCLUSIVE OF LAND $ $ $ 1) Investment Cost 773,554 835,583 1,609,157 2) Original Cost 787,412 927,321 1,714,733 3) Present Day Cost (Wehe's Report) (a) New 1,185,006 1,246,858 2,431,864 (b) Less Depreciation 15.5% 13.5% 1,001,678 1,078,829 2,080,507 4) Reproduction Costs (a) New 1,600,463 1,624,281 3,224,744 (b) Less Depreciation 23.39% 17.82% 1,226,114 1,334,834 2,560,948 5) Original Cost less Depreciation 603,236 762,073 1,365,309 (LA&SL 23.39% LVL&W 17.82%) LAND (excluding pipeline R/W) Original Cost $ 19,321 Present Value (Wehe's Report) 67,900 LA&SL facilities serving various industries Reproduction Cost new $ 16,874 Reproduction Cost less depreciation 11,584 May 10, 1951 Sheet 2 of 2 (COPY) WATER FACILITIES AT LAS VEGAS, NEVADA ELEMENTS OF VALUE LAND COSTS AND VALUES Water bearing lands 679.42 acres Original cost $ 19,321 Present value - Wehe's Report at $100 per acre 67,900 Present appraised value at $328 per acre 223,000 Water Rights ? Rights of Way for Pipe Lines; width 20 ft. Main transmission lines (water and power) Wehe's report 14.7 acres at $544 8,000 Present appraised value 14.7 acres at $952 14,000 Water Lines Serving various industries; width 10 ft. Present appraised value 1.31 acres at $13,618 17,840 Provision for relocating pipe lines on Rights of way at later dates ? May 10, 1951