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LAND & TAX DEPT. AUG 1.6 1354 U p B t * LOS ANGELES CALIF. LOB Angeles - August 16, H f i s o - u Mr. R. M. S u t t o m (©© - Mr. A .£.Stoddsrd-Omens Mr.C.M.Cory-Ipa Vegas N r .w» .Relnhardt-ios Ange. Mr.C.M.Bates*LC8 Angs. Mr.w.R.Rouse -Omaha Nr.X..R.Maag -las Vegas Mr.w.H.Hulalzer-Omaha Nr. t.X.Bur rl-Omaha ) Referring to your letter of August 5th* your-file 704-36* end with especial.reference t© the last paragraph thereoft I as advised that the District has formally approved the statement of accounts as set out in your letter of July 86th to me, ami have authorised the pre­paration of a resolution to pay over to us the balance due to that account, to witt $16,245.29 if ay mathematics are correct, and also t© withdraw from the escrow the balance ©f the Purchase Price Adjustment Fund as that Fund is defined in the Escrow InstrustIona* Unfortunately, formal action on this approval, to be evidenced by e resolution, can not be taken until August 24th - the next meeting of the Board of Directors, but I kmm of no reason why you could not consider that figure correct as the basis for the various income tax returns, etc., mentioned in your letter of August 5th. try to work out with Nr. Leo NcNaaee, Attorney for the District, the question of handling the taxes. Meanwhile, between now and the 24th X will !« S. Bennett