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upr000181 136

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upr000181-136
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    ham Vegas * January 20, 19531 Mr* Km* Reinhardt! Referring to recent dissuasion concerning «f water gains at L construction a# Vegas! ism# it ia understood that iff would insist upon Water Company lotting contracts for mins in subdivision, I find Mr* Folger had several negotiations under way in which the Subdivides were m in this ease* granted permission to contract, et Subdividers own espouse, for construction of main serving the bsueb deinvtiesrieodn *i ntuop*on understating usual refund agreement would In thie o&ae and two or three others that 1 have found so far, the Subdividers have signed contracts with Contractors for Installation of tbs mains* subject to our Inspection and acceptance, and pipe is already distributed on the site* 9he materials having been purchased prior to recent price increases, the Contractors have quoted prices lees than we cannot quote, thus effecting a saving to the Subdividera* la stash canes, as the present one, where the Suhdlvider proposes erection of twenty triplexes, or 60 units in the tract, the liubdivl&er probably will receive complete refund well within the 10 year period b o that the amount refunded will he approximately *0 per cent less than had we contracted far the construction. Xa those cases in which Kr* Folgor granted penslssion wfeo rc atrhrey bouabtd lhvilsd ecro mtmo itcmoennttrsa*ct the installation, I reeotanend at All new negotiations are being conducted on basis 3ubdlvider depositing estimated cost plus xo;? for super* vtihsei woonr ka.nd overhead with the Water iocipany will contract w* H* Jenson