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Mr. la. Reinhardt Page S Sept, 3, 1948 Filet 80 There Is another point which I think should he brought to your attention. As you know* there has been a petition filed by oertaln petitioners, under Chapter 187 of the Nevada Lavs of 1947, which authorize the creation of a water district in Lae Vegas Valley, Clark County, Nevada, for the formation of suoh a district and I am enclosing for your Information, a copy of the petition and the exhibit attached thereto. You will note that this proposed district covers a territory which Mayor Cragln now desires us to serve in addition to a large amount of other territory. Under this Nevada law, suoh a district may be formed under the procedure required therein to acquire by purchase, 1ft or condemnation, any and all lands within the boundaries of the district required for the maintenance, operation etc. of a water company for the purpose of serving the district with water* The aot further provides that taxes may be levied for the purpose of paying any obligation of the district during its organizational state and that after the organization has been completed, under the procedure described in the aot, the district may issue bonds for the financing of the district and the “creation of a sinking fund into which shall be paid from the revenues * • # sums fully sufficient to pay principal of and interest on such bonds*. The aot also specifically provides that the district may supplement the ground water resources of Las Vegas Valley by the importation end use of the waters of Lake Mead* 1 am advised that this petition which was submitted to the Board of County Commissioners, was approved and an election has been preliminarily set for October 8, 1948. The newspaper clipping with reference to the action of the Board of County Commissioners states that *th@ district would be so organised as to handle all of the water consumed in the area, taking over the holdings of the Las Vegas Land and Water Company and coordinating all services*. It would seem, therefore, that the territory to which Mayor Cragin now desires our services may soon be adequately served utpon the completion of the district formation proceedings and the functioning of the district itself in the manner proposed.