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upr000061 353

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upr000061-353
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    La® Vegas, Rev. Febr. 18, 1930 W-23-(4 b Subject: Proposed Increase in Water Bates - Las Vegas. Mr. F.H. Knickerbocker, General Manager, Los Angeles, California. Bear Sir: Referring to your letter of April 2, 1929 file 085-355 and Mr. F.R.JficMamee’s letter same date, relative to proposed increase in water rates at Las Vegas, Nevada: This natter has been gone into thoroughly and for your in­formation, I am sending you copies of proposed rate schedule and a statement we prepared showing the estimated revenues which would have been derived during the month of December 1929, had this basis been applied. The estimated revenue of #3,551*93 is an increase of #1,395*31 over collections actually made. The General Balance Sheet for the period terminating December 31st, 1929, reflects annual expenses for taxes, supervision, collections and maintenance, amounting to approximately #14,642.00, added to #16,800.00, representing rent on Railroad facilities on basis effective January 1, 1930, makes our estimated annual expense under present conditions, approximately #31,442.00 while our estimated annual collections, under the proposed rate schedule, are approximately #42,600.00, resulting in an estimated net earning of #10,600.00 When you were in Las Vegas, February 11th, we spoke about the desirability of placing the new water schedule before the Commission at a time when we would meet with the least possible resistance. If the preliminary work on the Dam is smarted in the near future, and it now appears that this is quite probable, I am of the opinion that the opportunity will again present itself when we can suhait this schedule under favorable conditions. It is my recommendation that at the time of submitting schedule, Mr. F. R.KeHamee, Leo and myself go to Carson City, as X believe that the influence of Mr. McNamee in placing the schedule before the Commission, is very essential, also it would be well for Leo and I to be on the ground to advise him relative to the various technical questions that may arise. Yours very truly, TEC MC WALTER R. BRACKEN Vice-President & Agent