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Report on costs of reproduction at various water production properties owned by Los Angeles & Salt Lake Railroad Company, August 1, 1951

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Information

Date
1951-08-01
Description

Estimated amount to be added to appraisal of Los Angeles & Salt Lake Railroad Company and Las Vegas Land and Water Company water producing and distribution facilities to cover facilities constructed or proposed subsequent to date of inventory December 31, 1950. Estimated cost of reproduction new and less depreciation of water production and transmission facilities. Itemized list of improvements made by the water company subsequent to the previous inventory.

Digital ID
hln001270
Physical Identifier
Box 24 Folder 80-11 Vol. 1 of 3 LVL&W Co. Proposed Sale of Water Production Facilities of UPRR Co.
Details
Citation

hln001270. Union Pacific Railroad Collection, 1828-1995. MS-00397. Special Collections and Archives, University Libraries, University of Nevada, Las Vegas. Las Vegas, Nevada. http://n2t.net/ark:/62930/d1xw4bw7w

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Standardized Rights Statement
Digital Provenance
Digitized materials: physical originals can be viewed in Special Collections and Archives reading room
Digital Processing Note
Manual transcription
Language

English

Format
application/pdf

ESTIMATED AMOUNT TO BE ADDED TO APPRAISAL OF LA&SL RR CO AND LVL&W C0. WATER PRODUCING AND DISTRIBUTION FACILITIES TO COVER FACILITIES CONSTRUCTED OR PROPOSED SUBSEQUENT TO DATE OF INVENTORY DECEMBER 31, 1950 Period December 31, 1950 to July 18, 1951 Approximate cost Description AUTHORIZED WORK ORDERS LVL&W COMPANY Cost of facilities constructed under completed work orders $33,715. Estimated cost of facilities to be constructed under uncompleted work Orders, 136,917. Plus 10% on cost of completed facilities to cover overhead percenages. 3,368. Total LVL&W Company $174,000. LA&SL RR COMPANY Cost of facilities constructed under completed Work Orders. $ 2,163. Estimated cost of facilities to be constructed under uncompleted Work Orders. 55,630. Plus 15% on costs to cover freight and handling on material and overhead percentages, 8,667. TOTAL - LA&SL RR COMPANY $ 66,460. TOTAL AUTHORIZED WORK ORDERS $240,460. LVL&W Company, $ 26,820. LA&SL RR COMPANY, None. GRAND TOTAL AS OF JULY 18,1951. $267,280. Of the amounts shown for LVL&W Company the following tabulation above the Estimated maximum amount of Refund to Subdividers provided for under Contracts - Rule 9-A: Authorised Work Orders. $84,764. Pending Work Orders. 15,820 Total, $100,584. NOTE: This statement does not Include cost of facilities Included In appraisal, but does Include all facilities constructed under Work Orders which were lncomplete on date of Inventory, December 31, 1950, and, therefore, excluded from Appraisal. Office of Vice President, Los Angeles, California. August 1, 1951 SUMMARY OF ESTIMATED COST OF REPRODUCTION NEW AND LESS DEPRECIATION AS OF DECEMBER 31, 1950, FOR WATER FACILITIES USED IN THE PRODUCTION AND DISTRIBUTION OF WATER AT LAS VEGAS, NEVADA REVISED AS OF MAY 21, 1951 Estimated Cost of Reproduction LeSS Facilities Owned, by New Depreciation Los Angeles & Salt Lake R. R. Co. Water Production and Transmission Facilities $ 1,600,604 $ 1,225,131 Distribution facilities used to serve various industries along N. Main St. and Bonanza Road and P. F. E. meter 16,874 11,585 Total for L. A. & S. L. R. R. Co. $ 1,617,478 $ 1,236,716 Las Yegas land and Water Co. Distribution facilities $ 1,606,065 $ 1,323,606 Pipe Lines formerly owned by 14th St. and Marlin Water Companies, ownership of which is claimed by prescriptive right. 19,282 11,184 Total for L. V. L. and W. Co. $ 1,625,347 $ 1,334,790 Grand Total $ 3,242,825 $ 2,571,506 Other elements of value which have not been included In above:_ (1) Land Value - Appraised value: 679.42 Acres @ $328 $ 223,000 (2) Easements or Right of Way for pipe lines and power lines: Water & Power Lines - 20 ft. wide Appraised Value - 14.7 A. at $952 - $ 14,000 $ Water Lines serving Industries - 10 ft. wide Appraised Value - 1.31 A. at $13,618 17,840 $ $ 31,840 (3) Water Rights $ (4) Going Concern Value $ (5) Franchise Rights $ (6) Materials on Hand $ (7) LVL&W Buildings, Tools, Equipment $ (8) Office Supplies and Equipment $_ (9) Provision for relocating pipe lines on rights of way at later dates. Los Angeles, Calif., August 8, 1951 L. A. & S. L. R. R. CO. ESTIMATED COST OF REPRODUCTION NEW AND LESS DEPRECIATION OF WATER PRODUCTION AND TRANSMISSION FACILITIES OWNED BY LOS ANGELES & SALT LAKE RAILROAD CO. AT LAS VEGAS, NEVADA, AS OF DECEMBER 31, 1950 REVISED MAY 21, 1951 Cost of Reproduction Less Description of Property New Depreciation Wells Nos. 1 to 11, incl. $ 171,373 $ 129,216 Settling Basin #1 13,586 7,880 " " #2 12,587 11,076 " #3 11,555 10,862 Reservoir #1 156,142 84,934 " #2 114,072 106,821 Booster Pump House #1 44,079 36,923 Bonanza Village Pump House 21,448 20,961 Booster Pump House #2 45,797 42,307 Fire Pump House #2 5,121 4,596 Power Lines 68,353 58,100 Spring House - Big Spring 7,238 3,596 " " - Little Spring 2,962 1,511 " " - Middle Spring 7,750 6,570 Chlorinator Tank 1,257 955 Meters 19,129 15,333 Maintainer's Shanty 196 155 " Dwelling 3,135 1,254 Roads 8,620 3,448 Fencing 13,614 8,771 Ditches and Dykes 12,450 6,225 Pipe Lines 77.13% 664,828 512,789 Valves 35,485 27,373 Pressure Reducing Valves 5,982 5,623 Miscellaneous 5,205 3,958 Pavement Work 20,445 15,771 Totals 76.57% 1,472,409 1,127,008 Engineering 2% 29,448 22,540 General Expenditures 22,528 17,243 Interest During Construction -5% for 1/2 Constr. Period of 18 months plus 3 months = 5% 76,219 58,340 Total $1,600,604 $1,225,131 Pipe Line Facilities Serving Industries along North Main Street and Bonanza Road and P. F. E. Meter Pipe Lines 10,557 7,296 Valves 574 396 Fire Hydrants 592 408 Support at R. R. Xngs 1,500 1,035 P. F. E. Meter 2,300 1,522 Totals 15,523 10,657 Engineering 2% 310 213 Gen'l. Expenditures 237 163 Interest During Construction _804 __552 Totals for Fac. Serving Industries and P. F. E. Meter $ 16,874 $11,585 Total for L. A. & S. L. R. R. Co. $1,617,478 $1,236,716 Los Angeles, Calif., August 8, 1951 L. V. L. and W. CO. ESTIMATED COST OF REPRODUCTION NEW AMD LESS DEPRECIATION OF WATER DISTRIBUTION FACILITIES OWNED BT LAS VEGAS LAND AND WATER CO. AT LAS VEGAS, NEV. AS OF DECEMBER 31, 1950 REVISED MAY 21, 1951 CoSat of Reproduction Less Description of Property New Depreciation Pipe Lines $1,165,310 $ 988,940 Valves 56,690 48,118 Meters and Miscl. 11,098 10,212 Service Connections 152,645 91,587 Fire Hydrant Connections 34,219 29,045 Pavement Work 90,075 76,564 Total $1,510,037 $1,244,468 Engineering 1% 15,100 12,444 General Expenditures 1 1/2% 22,877 18,854 Interest During Construction for 1/2 Constr. Period of 12 months plus 3 months = 3-3/4 58,051 47,840 Total $1,606,065 $1,323,606 Pipe lines formerly owned by 14th St. and Marlin Water Companies - Ownership claimed by prescriptive $ 18,129 $ 10,516 Total $ 18,129 $ 10,516 Engineering 1% 181 105 General Expenditures 1 1/2% 275 159 Interest During Construction 3-3/4% _697 _404 Total $_19,282 $11,184 Total for L. V. L. and W. Co. $1,625,347 $1,334,790 Los Angeles, Calif., August 8, 1951