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upr000256 201

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upr000256-201
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Laa Vegas - March 23* 1953 w 23-1-10 7 Mr, Wm. Reinhardt: Referring to my letter of March 19» 1953 with reference to water line to serve Blocks 10 and 11 of Ladd’s Addition, Las Vegas, Mr, Roy Whipple now advises that he owns k lots in Block 11 and has now commenced construction k of one family unit, which will later be expanded to 6 units, on lot k and within a year or two will construct 3 similar multiple units on his 3 other lots. If these units are all constructed the estimated increase in revenue from them will be at the rate of |127.20 per annum this year with an additional increase of $381,60 per annum in a 3 year period. This potential increase will be in addition to the present revenue of $1,280.00 from miscellaneous privately owned service lines indicated in submission of December 11, 1952# rezoned to R-^ and believes that if an adequate water line is installed other property owners in the district will construct additional multiple units in the near future. Mr* Whipple also advises that this area has been L. ? ___ 0