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PRELIMINARY DRAFT. L A S V E G A S , N E V A D A H.F.C. May 15* 1951. May 15* 1951 CONTRACT TEEMS FOR PURCHASE OP LAS VEGAS LAND AND WATER COMPANY. 1. 2. 3. 4. 5. 6. 7. a. 9. 10. 11. 12. 13. The following items should be eared for in the purchase contracts WATER RENTS. Many customers pay their water bills far in advance. The Company does not send out any bills* Fines are levied for tardy payments. An auditor should go over their collections and total the advance payments. Also the delinquents. Then give the District proper credit* EXTENSIONS* Rebates of 50% of water collections over a ten year period exist for many of the extensions into subdivisions. This should be a deduction on the sale price (reproduetion-cost-new-leas-depr.) OFFICE RECORDS. Maps, contracts for extensions, etc, should be transferred, or at least copies thereof. OFFICE. Arrangements to rent present office for not over a period of six months until District can locate its own office. Office safe. INVENTOR! Of TOOLS, Tools and mechanical equipment necessary for the repairs which constantly are going on. TRUCKS AND AUTOS. KEYS AND LOCKS. SERVICE TO THE R.R. Some offer, or not, to take over this equipment. List and transfer. That the R.R. shall become a customer of the District (?). RIGHT-OF-WAYS. Ingress and egress over HR property (?) REAL ESTATE. Decision as to the required land for the District to operate. SgppT.TV-8* ON HAND. There are heavy sections of 24" C.I. pipe which will cost a lot to move at once, or until we have a material yard. In the meantime they are stored near the Roundhouse. UNPAID INVOICES. To be adjusted. RECORDS OF ONFPLFILLBD OBLIGATIONS ENTERED INTO. Concerning extension promises made, oral or written.