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upr000149 243

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upr000149-243
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    % V Mr. Walter R. Bracken: In connection with our seating with Mr. Guild today with respect to the possible over-building of real estate subdivisions at Las Vegas with the re­sulting vacancies and loss of revenue on investments made under Rule 9 (c): cussed with Commissioner Sexton after ve have developed certain information looking towards either the abolition of the rule, the modification thereof to require that the hones must not only be constructed but must be sold, or a possible modification of the refund of 50 per cent of the oost of the public utilities Installed at the time all of the houses are completed and the re­maining 50 per cent on a prorata basis when the houses ( are sold. In order to submit this matter, I think we should develop the following Information: ions constructed in Las Vegas and vlelnlty which are served by the water company under Rule 9 (o); division; (c) The oost to the water company of the refunds for each of the subdlvlsione; (d) The vaoanoles in each subdivision as of a definite date; or being built at the Basic plant for use of the present MoRell crew or future employes of Basic; Basio in order to ascertain the housing facilities re qulred to take care of most of the ^employes. It might also be well to develop, if possible, as a matter of information, the number of It seems to me the matter oould be die (a) Separately the number of subdivls- (b) The number of houses in each sub- (e) The number of suitable houses built (f) The number' of potential employes at