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upr000258-159
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I agree.Mr. ©• Mi Bates • Lot AngelasJ W M p 06 — Mr. A. B® Stoddard m a y t ^ Mr. V* R. Rouse 7 1954 Mr. R. K. Sutton / Mr. lift. Rainhardt'- Los Angeles Mr. S. 1. Bennett - Los Angeles Mr. L. R. Maysg - Las Vegas Torn have oopy of Mr. fi. 1 . Bennett's letter of May 6, 1954 to % • Rouse relating to escrow Instructions for sale of the Las Vegas Water Bye ten to the Las Vegas Valley Water District on psge R of which he comments on the possible allocation of some portion of the purchase price to he paid by the District to the Railroad Companies as consideration for the granting of certain easements for water lines and power lines. I am of opinion that a portion of the consideration to be received for the water facilities should be allocated to the Railroad Companies for the easements which are to be granted as listed in subparagraphs (k-1) to (k-5), inclusive and (k-7) to (k-14)# Inclusive of paragraph (k) of Section 1 of the Sale Agreement dated dune 1, 1953* Will you please therefore furnish me the estimated present market value of the ear ament strips so that proper allocation to the Railroad Companies of a portion of the consideration to be received for the water facilities may be made?