upr000257 36

Statement shoving amount due for Water Production, Storage and Distribution System of the Las Vegas Land and Water Caapany at Las Vegas, Nevada, as determined in accordance with provisions of Contract Audit No, 10682, dated June X, 1953 % m m m u r n and water company Calculations as of Sale Date June 30. 1954 Basic purchase price per Section 8 of contract $2 500 PZ0S ITEMS TO BE ADDED* Additions and Betterments, as provided in Sec* tlons 9(a), 9(b) and 9(c) of contract, per details shown on Supplementary Statement No, 1 attached* S e c,9(a) Payments made and cost of material furnished by L.V.L.& W 0Co, to con-tractors for work performed during the period, September 1, 1952 to and ineluding June 30, 1954, for the construction of additions and betterments to and extensions of the water facilities $ 71 289.41 Sec.,9(b) Cost of labor and material and other amounts expended by L « V , L W 0Co0 during period September 1, 1952 to and including June 30, 1954, far the construction of additions and betterments to and extensions of the water facilities 774.41 Sec,9(c) Amount charged to investment account by L,V,Ls& %,Co. excluding dona­tions, amount #18,918,36 per sup­plementary statement No, 1(a) attached, during the period September 1, 1952 to and including June 30, 1954, for additions and betterments to or extensions of Its water facilities constructed by others under contracts made pursu­ant to Rule 9 of the L.V»L,& W.Go» on file with the Public Service Commission of the State of Nevada and conveyed by said others to the L.V.L.& W.Co, 568 682,35 Balance as of June 30, 1954, per See, 9(e), in Account 113, "Accounts Receivable” on the books of the L.V.L.& W,Co0, representing un­collected water service accruals per detail on copy of Form 26, “Monthly Report of Water Service Accounts « Las Vegas Office" turned over to Las Vegas Valley Water District upon completion of June 1954 calculations (Does not include charges of $461,28 due L0V,L.& W 9 Go, from customers, covering water for re­frigeration and air conditioning which amount is assigned to the Las Vegas Valley Water District for collection coaly) 39 929,84 Other addition* Services and materials furnished by tsV 0Lo& W,0oQ in connection with the installation of two 6" Water Taps and Valve Connections for the City of Las Vegas, per their purchase order No, 8571 dated May 7, 1954 and covered by our bill collectible Dept, No, 1X36, Audit No, 9736 which remains unpaid as of June 30, 1954 Total Additions to Basie Purchase Price Total Basic Purchase Price including additions as provided under Section 9 of Contract *3 l»0 m M 680 985.09