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CONWAY, KQE, HIBBS AND FTJNSTOH Certified Public Accountants i o p y 440 Hoover street Las Vegas, Nevada. April 17, 1934 Thomas A. Campbell, President Las Vegas Valley Mater District Box 1946 Las Vegas, Nevada Dear Sirs It Is our intention in the vary near future, to start a survey relative to the installation of an accounting system and related processes for the Las Vegas Valley Water District, Such survey will be under the general supervision of a partner of Haskins and Sells, from the San Francisco Office, We also deem it advlscable to make a preliminary survey of estimated operating revenues and expenses for a period of sixty to ninety daye after the purchase is aonsumated, so that proper provision for working capital funds can be budgeted. Such estimates should be based, in part, on existing conditions as reflected in current operating totals of the Las Vegas Land and Water Company! Both of the foregoing undertakings will necessitate our having aooeas to the pertinent records or statements of the Water Company, and permission to observe the existing method of record keeping and flow of transactions. We suggest you obtain such permission from the appropriate officials of the Las Vegas Land and Water Company or the Union Pacific Bailroad at your earliest convenience, so that we can program our work, and make the necessary arrange­ments with Haskins and Sells, lours very truly, CONWAY, KOE, HIBBS & FUN3TQN BO I mo My: ' NeTson ’Conway