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upr000255-161
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I agree.Mr. Wm. Reinhardt Page 2 ? November 6, 1953 sations, that the actual sale of the bonds will not be completed in the ninety days from the date of your R-153* and I personally feel that we can not anticipate the sale until some time in February at the earliest, and possibly March. days, to phone Mr. Hamilton and see if I can secure any more definite information with respect to a time schedule, as I am of the opinion, after hearing Mr. Campbell's conversation with him, that the O'Melveny firm may realize that the District is quite insistent that speedy action be taken. District employ a fiscal agent, whose fee, Mr. Campbell tells me, would be around $15,000, to assist them in lining up the nature and character of the bonds, but the District, unofficially, is very much opposed to that expenditure. I intend, some time within the next week or ten The O'Melveny firm is also quite insistent that the E. Bennett tj rv* Nf0\il| b0