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H Los Angeles - August 16, 1956 6 0 * 1 1 Mr. II. It. S u tto n * (o© - Nr. A.l.gtuddard-Omaha Nr.C.N.CoryLSS Vega* Str.w*.i*einhardt~i©* Aags. Mr.C.M.Bates-Los Aoga, Nr .w .ft .R o u se -Omaha Nr.L.R.Maa&vklaa Vegas Mr .W.H.Hulai»»r-0*aha Mr.L.l.burrl-Cmaha ) Msferring to your letter ©f August 5U*» your file 706-36, snd with especial reference to the last paragraph thereof* 1 am advised that the District has formally approved the statement of accounts as set out i n your letter of July 26th t© me, end here authorised the pre­paration of « resolution to pay over to us the balance due to that account, to wit* 116,265.29 if »y mathematics are correct, and alec to withdraw from the escrow the balance of the Purchase Price Adjustment Fund ss that Fund is defined in the iscrow Instructions. Unfortunately, formal action on this approval, to he evidenced by a resolution, can not be taken until August 26th - the next meeting of the Board of Directors, but I Know of no reason why you eould wet consider that figure correct as ths basis for the various Income tax'returns, etc., mentioned in your letter of August 5th. Meanwhile, between now and the 26th 1 will try to work out with Nr. %m McKamee, Attorney for the D i s t r i c t , the question of handling the taxes. | y * / A & z \ j j * ~ \ y A ^ & 1 S y § W m 1 1 &• g . Bsr»*iett