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Transcription
% Los Angeles* Dec* IS* I960 AES ~ Omaha S-579 Dee 5 file 199 re proposed new water agreement between HR and LVL&W Las Vegas* As Webs report includes working capital and material and supplies in value of water production facilities* in our opinion, concurred in by Messrs* Bennett and Wehe* it would be preferable to revise Sec. 4 by substituting for last sentence the following t Quote. It is further agreed that the amount of working cash and the coat of material and supplies as of January 1* 1960* are #9*000*00 and #5*000.00* respectively* All of the above amounts less depredation accrued to January 1* I960* total #761*045* and for the purpose of this agreement aueh total is hereinafter referred to as the Subquote agreed value End Subquote of the water production facilities as of January 1* 1950* End Quote* fhis will eliminate necessity for change suggested by WHH in subparagraph (p)* Section 5* If this meets with your approval will forward revised page 6 for insertion in agreement* R-223 m
