Press release about proposed expenditures from bond issue, Clark County, Nevada, 1953

News Announcement Release - Item No. 2 PROPOSED EXPENDITURES FROM $8,700,000 BOND ISSUE Based on Estimated Cost of Proposed Improvements (Compiled by James M. Montgomery, District Consulting Engineer) 1. 30-Million gallon reservoir in West Las Vegas........................................$ 710,000 2. 1 1/2-Million gallon reservoir at Manganese Ores........................................85,000 3. Control building at Manganese Ores..........................................................53,500 4. Booster pumping station on U. S. Highway 95...............................197,000 5. Pipeline from Manganese Ores to 30-Million gallon reservoir................1,661,500 6. Pipeline from Fremont Street to 30-Million gallon reservoir via Charleston Boulevard..................................................................................292,000 7. Miscellaneous improvements to production facilities................................133,000 8. New water wells............................................................................................68,000 9. Improvements to increase capacity of 40-inch pipeline from Lake Mead to Henderson..........................................................................620,000 10. Miscellaneous additional transmission pipelines........................................555,000 11. Miscellaneous additional improvements to distribution system................632,000 12. TOTAL ESTIMATED CONSTRUCTION COST............................................$5,007,000 13. Contingencies................................................................................................262,000 14. Purchase of existing water system from Union Pacific R. R....................2,500,000 15. Acquisition of sites, rights-of-way, easements, etc................................50,000 16. TOTAL ACQUISITION AND CONSTRUCTION COSTS $7,819,000 17. Total incidental expenses, including return of loans from county, working capital, engineering, legal and miscellaneous......................535,000 18. TOTAL ESTIMATED COST OF PROPOSED IMPROVEMENTS..................$8,354,000 19. Cash Reserve required to cover estimated bond interest during construction and for six months thereafter............................................346,000 20. TOTAL AMOUNT OF PROPOSED BOND ISSUE......................................$8,700,000