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OFFICERS AND DIRECTORS TH O M A S A . CAMPBELL PRESIDENT SPE v Tc e preBsT e n tFIELD LAS VEGAS VALLEY WATER DISTRICT W ILLIAM COULTHARD 9 0 0 S O U T H 5 t h s t r e e t SEC'Y-TREAS. HARRY E. MILLER LAS VEGAS, NEVADA E. O TTO UNDERHILL JAM ES CA SH M A N T E L E P H O N E 5 9 2 0 JO H N BUNCH P. ? . B O X 1 4 4 8 1. REPRODUCTION CO ST NEW LESS D EPREC IA T IO N ............................ $2,794,561 2. LA N D A N D WATER RIGHTS (American Appraisal Com pany)................. 86.000 3. TOTAL IN C L U D IN G LA N D A N D WATER R IG H T S ............. ...............$2,880 , 561* *Note: This compares with a figure of $3,062,211 shown in a previous report dated 8/8/52. The $181,650 difference is accounted for by an appraisal of $86,000 for 507 acres of land, against UPRR valuation of $267,650. 4. DEDU CTIO NS: Overhead...................... Remove and Replace Pavement.. . . . . . . . Accrued Depreciation 1/1/51 to 5/1/52. Credit for Service Installation Charges... $222,357 76,564 89,057 34,385 5. G R A N D TOTAL (to 5/1/52) 6. A D D IT IO N S A N D BETTERMENTS - 5/1/52 to 8/15/52 $ 422,363 $2,458,198 Estimated value of Automotive, shop, and other equfcment, material and supplies on hand not included above................................................. $40,000 Hyde Park Development facilities...................... 127,600 Miscellaneous items (estimated)........................ 25,000 $ ,192,600 7. G R A N D TOTAL ADJUSTED TO 8/15/52. .$2,650,798 C O M M E N T : The above indicated Grand Total of $2f650,798, which is based on the tentative appraisal made by James M . Montgomery, Consulting Engineer, and the American Appraisal Company compares with d figure of $3,109,576 developed by the Union Pacific Company's engineers, viz: 8. U N IO N PACIFIC TOTAL IN C L U D IN G LA N D A N D WATER RIGHTS $3,109,576 9. L.V . VALLEY WATER DISTRICT G R A N D TOTAL (Line 7 above)......... $2,650,798 10. U N IO N PACIFIC FIGURES EXCEED DISTRICT FIGURES B Y .............. $458,778 Compiled August 19, 1952