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9 Those of us who had worked for the establishment of a permanent and sound industrial operation on this site can take pride in our accomplishments. I am sure that you of this community share in that pride. You know that housing developments have been approved that will increase the population of this area in order to bring the ad­ditional workers needed to service this expanding facility. I had felt that if a public body such as your Water District could assume the responsibility for operating this facility with an unequivocal guarantee to make available to this plants now and in the future, an adequate and dependable water supply, that such an arrangement would result in benefits to all. X felt that acquisition of the water facilities by such public body might make the excess supply available for the purpose of serving the community, but never once have I even dreamed that I, in my official capacity, could give away this property and thus endanger the production of this great plant. BMI must have a prior call on the water and pumping capacity when and if needed. Pray, how could a transfer for one dollar have been approved without these safeguards? It has been brought to my attention that it would be necessary to make these facilities subject to the bonded indebtedness that would be required in order to complete the project contemplated. It is my opinion that such a commitment on my part, even if I were inclined to make it, would not be legal unless there were an unequivocal guarantee that the Basic Magnesium Plant would have a prior call on water furnished by such facilities. It is my understanding that the Las Vegas Water District could not offer such assurance. If such a con­