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upr000207 124

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upr000207-124
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    f » S to sale o f water by Lae Vegas land ®»d Sater company a t te e Vegas# Hev&da. as a basis# th ree statements have bees prepared s e ttin g fo rth fin a n c ia l situ a tio n th at would ob ta in in the immediate future under con dition a as o u tlin e d ! to R ailroad Company increased in accordance with proposed agreement which w i l l supersede Contract Audit So. 2SBG-AJ Maintenance and Operation 1928 . . . . . . .$11#366.00 In te r e s t & D epreciation — 10$ on 181>222 . From the above i t w i l l be noted th at when allowance I s made fo r in te r e s t and depreciation# L .V .U <* w, o©. a c tu a lly lo s t 1991.65 through sale o f water during 1928, and when consider­a tio n i e g iven to increased re n ts ! fro® 1200 to #976 per month th at w i l l be charged L .V .L . § « . Co. by R ailroad Company fo r use o f R ailroad owned f a c i l i t i e s # the Ic e s during 1989 w i l l be approxim ately 18000 which w i l l be fu rth e r increased during 1960 to 315#500 account con stru ction o f a d d itio n a l water f a c i l ­i t i e s . Although i t i s thought water consumption w i l l increase in the C ity o f Las Vegas between 1929 and 1934, thereby fu rth er in crea sin g re n ta l paid to fe llr o a d Company, nevertheless# to be Using 1928 water consumption, expenses, and revenue 1. Operating under e x is tin g ra tes w ith ren ta l paid T o ta l Charges . • . Revenue . . . . . . lo s s on d ele o f Water