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upr000191 106

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upr000191-106
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    LAS V ’GAS - : m 6-1952 e s q | m - l a J0II3T - 233 - VR - LA /• . g ’ ' ' S 2S3Q letter JJov $ concerning revised LV Valley Water District proposal# New proposal will effect statement capital expenditures furnished my J— 1*!3 Sept 6 ,1 2 5 2 as fo llo w s « j 6 .i-.v- are System lest' Charleston -ire;-. Wontract uLD 25)2 w ith Longpey Construction Co,dated July I f ,1952. Work was commenced July 3D and completed Oct 2?,1952* Accounting not y et completed but estim ate t o t a l cost will be approximately 1 0 , 7 *10. im .ter Lines ' eotlelmh Tract 3 , Contract ISLD 2595 with Federal Development Co,dated Aug 18, 1952 •orovldeA oubdlvider shall construct water lines at own expense and convey - title to Water Cor; any at agreed cost of .-11,559*18 which amount subject to refund. Subdivlder further agreed construct fire hydrant connections at own exp-nse and donate to Water Co.Work commenced Any 12, 1952 and anticipate will be completed during Hov at ®atiiaated cost ofi Construct water lines - agree*' cost subject to refund Construct fire hydr,- nt con ectl ms Donation - Dot refundable Total estimated cost- 912,559.18 970.00 m 9, 529. 2^ ' plf these" two projects are included as art of purchase price of 52,500. 00, Later Company investment w i l l be increased approximately •'?3 0 ,2 6 -.18 for which hater Company w i l l not be reimbursed* Further as regards id 639, upon completion and acceptance of ' • 9s\; water lines Water Company will be obligated under terms of contract r to refund 5 1 8 ,5 5 9 .18 to Subdivider pursuant Rule h ’while- not specifically referred to in proposal', I presume hater Com any will be required in some