upr000093 247

I §rnaM - lay 5 j 1953 704-5d st* w* 8* Boases (QG-Mr. A. 2. Stoddard Mr. V. B# Balsiser , ^;, V : Mr* p X. Bonnett-Los Angeles) ^, Tour letter March 23, 1935, file 2180. iil\W 7 v 1953 j $hc preliminary draft of proposed agreement provide lag fco* sale of the eater production and distribution faelll- tles at Las Tagus Mas been reviewed from am aocottntlag stand- point and attention i* called to the following minor matters* 1* section 1(a), page 3. She water-bearing lands to bs conveyed to the Water District have bean refersnoed to inhibit "A" bat tbs area to be ©severed, SO? aeres, is not stated in the agreement nor in the exhibit* S. Settle 1(b), pege 4. In the ninth line, reference is made to September 1, ItSS (the effective date of the original purchase offer by the water Dis­trict) but the slgnifleanee of that data has not been stated. Perhaps this line should be expanded by adding •date of the basic purchase pries* after •September 1, 1952*. Shis term is the same as that used in station 10, page 25. 5. station 1(h), page 14. She total of Acaoaat 52?, *Ooneral Equipment*, as of September 1, 1958 la statsd as $8,579*54, whereas the balance actually was #8,711.55, the difference of #551*81 representing the ledger value of the office furniture and equipment. Also, subsequent to furnishing these figures to Mr. Bennett, it was developed that the item of #174*55 le no longer in exist ease* Since the date of retirement is unknown, this Item should be eliminated from the tab­ulations tie amount of #175*55 will be retired from the Investment account* Further, should not the item of #531*81 be added to the tabulation? If so, certain re­visions in the tent of this seotlcm will be required, Which will then reflect a new total for the tabulation, of #8,534*80*