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Res Sale of Las Vegas water system Los Angeles, June 8, 195% 80-11 WM. R. Mr, W. R, Rouses JUN 9 1954 (cc - Mr. A. E. Stoddard! Copies of -----* Mr. Wm, Reinhardt , enclosures Mr. R* M. Sutton to each Mr. L. R. Maag I enclose copy of letter dated June 4, 195%# from Mr, Franklin T. Hamilton, attorney for the Las Vegas Valley 'Water District, to which are attached two letters dated June 3, 195%# from Nelson Conway, one of the auditors for the District, I suggest that we enter into an agreement with the District assigning to the District for collection only any amounts unpaid as of the sale date for water furnished under Rate Item 21 for air-conditioning, refrigeration, ice-making and other similar equipment. I enclose suggested draft of assignment contract, copy of which I have also furnished to Mr. Hamilton for his consideration. If you and Mr. Hamilton approve this agreement, I will prepare it for execution by Mr. Reinhardt, whose execution can be ratified by the Board of the W a ter Company at its next meeting. You will note that the other letter from the a c countants for the District refers to a difference of $18,500 in the purchase price as of April 30, 195%. I believe this difference relates entirely to donations received by the Water Company under Rule 9 contracts with respect to fire hydrant connections. As soon as Mr. Hamilton receives the final report of the auditors of the District with respect to the purchase price, I will endeavor to have him agree that this item should be added to the Basic Purchase Price under the provisions of the contract of June 1, 1953* E, D. E. E. Bennett ^ 10 W M JUN 9 1954 Enel