Copyright & Fair-use Agreement
UNLV Special Collections provides copies of materials to facilitate private study, scholarship, or research. Material not in the public domain may be used according to fair use of copyrighted materials as defined by copyright law. Please cite us.
Please note that UNLV may not own the copyright to these materials and cannot provide permission to publish or distribute materials when UNLV is not the copyright holder. The user is solely responsible for determining the copyright status of materials and obtaining permission to use material from the copyright holder and for determining whether any permissions relating to any other rights are necessary for the intended use, and for obtaining all required permissions beyond that allowed by fair use.
Read more about our reproduction and use policy.
I agree.Information
Digital ID
Permalink
Details
More Info
Rights
Digital Provenance
Publisher
Transcription
1931. These rates, an example of which Is found In the monthly charge averaging two dollars for a residence, are not considered excessive by the residents, and In fact they compare favorably with the charges In other Interior cities of the southwest where comparable desert heat conditions are found. The LVLandWCo. operates In Las Vegas under a fifty year franchise granted February 21, 1930 (Audit No. 7641). Income from and cost of operation of Las Vegas water supplyl The attached statement presents a 12 year summary of the LVLandWCo. 1 s Income account, Insofar as It Is related to the Las Vegas water supply plant, including revenue from sale of water and miscellaneous revenue; operating expenses (setting forth separately depreciation accruals and charges under work orders for renewal of water mains), payments for rent of LA&SLRR springs, wells, transmission lines, etc. i, and taxes paid. Depreciation upon the original LVLandW. plant was accrued at ratee which, by the close of 1920 had, with the exception of $746.32, equalled the amount recorded in investment account. Accruals of depreciation then ceased until 1928, when a rate of Z % per annum was approved for cast Iron pipe laid in the preceding year. The fact that Investment account had been Increased by the sum of $3,540.88 In 1924, representing additional wood pipe laid,- appears to have been overlooked, as this sum was not Included In the amount on which depreciation was thereafter accrued. Depreciation accruals at the rate of Z % per annum were continued until the close of 1940, being applied to the Investment in the shortlived pipe lines acquired from Hawkins, Craner and Parkview Companies as