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I agree.In the appraisal of lands for sale to the Las Vegas Valley Water District, certain facts were overlooked regarding some tracts; this letter discusses those oversights
hln001249. 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/d1z31rp5f
English
Los Angeles, August 19, 1952 569 Mr. E. E. Bennett: (CC?Mr. Wm. Reinhardt Mr. W. H. Hulsizer - With Sales Data and Map) Mr. R. L. Adamson Referring to your letter of August 7th, file 80-11, in regard to appraisals of lands at Las Vegas proposed to be acquired by Las Vegas Valley Water District: There is attached for your information and submission to the Water District, if you so desire, two copies of map showing the lands in question, on which we have shown in yellow tint the parcels totaling 507 acres, in blue tint the parcels totaling 172 acres and in pink tint the parcels totaling 376 acres. The parcels have been numbered to conform to the Water District map submitted to me with your letter of August 7th and have been indicated by numbers shown in circles. The sales used for comparative purposes are outlined in colored crayon. The data as to Sales 1 to 16, inclusive, was submitted to you with my letter of June 25. However, an extra copy of the same is attached for possible submission to the District. Data as to Sales 17 to 21, inclusive, is attached in duplicate. There is also attached statement showing parcel numbers, approximate area, unit value and total appraised value for Parcels 1 to 5, and 7 to 21, inclusive. You will note that I have shown a sub-total covering the 507 acres which the District had at one time decided were not needed and a sub-total covering the 376 additional acres now proposed to be acquired by the District. In the appraisal of the parcels totaling 376 acres, no consideration was given to the fact that certain of these parcels are encumbered by power lines and pipe lines. Please also note that portions of Parcels 20 and 21 are included in the 1300 ft. wide station ground right of way, also, that Parcel 20 is encumbered by the recently constructed wye track extending some 570 ft. into the parcel from the east. Parcels 20 and 21 are zoned M-2 and have been so appraised. Parcels 18 and 19 are zoned RE (residential estates) but have been appraised as potential industrial lands, as I believe such appraisal is indicated by their situation with respect to development along Bonanza Road and their proximity to the shop grounds. It should also be noted that the conveyance of Parcel 21 would eliminate our usable Charleston Boulevard frontage west of the main line and would cut off access from the south to west side of our shop grounds. C. M. Bates