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Transcription
% upward of $110,000 for schools, but a large bond Issue will be rerequired, notwithstanding. These circumstances will almost certainly remove from the popular mind any thought of the municipality^ purchasing the LVLandW. efficient system of water mains and the springs and wells, etc., for years to come. There is of course the possibility that the Federal Government may be persuaded to construct a pipe line from Lake Lead to Las Vegas, and in that case the purchase for the city of the LVLand W. and LA&SL water facilities might well be included. It seem3 to me doubtful at the present time and under present conditions, but if it should develop I judge that adequate compensation would be paid to us. The following is a summary of the estimated 1941 valuations of property in the City of Las Vegas, indicative of the approximate share of the purchase price of our water supply which we should have to bear if the city should buy it and float an issue of bonds out of which to meet the purchase price: U.P.R.H.Co. OLtVhLearn dpWr.oCpoe•rty owners # 827,264 14.54# 213,043 3.74# 4.647.946 ei.72# Total $ 5,688,153 100.00# Office of Manager of Properties, Omaha, Nebraska. March 25, 1942
