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Omaha May 2 4 ', 1954 704~3d Mr-, B, 1« Bennett *> Los Angeles (OC«to« A. S-, Stoddard t o o wm Reinhardt <*> Los Angeles t o o W o R e louse Mr , Wo H. Hulslzer too L. R* Maag - Las Vegas) la compliance with request contained In toe Maag0 s telegram M«70 of April 89.. 1954, representatives of our com­pany met with representatives of the las Vegas Valley Water District to establish firm figures for the period subsequent to September l y 1958 fen* use as additions to and deductions from the basic purchase price of $2 y500.,000, in connection with the sale of our water properties at Las Vegas0 Nevadao The meeting was held & Las Vegas on May 100 1954a and the subsequent audit which lasted through May 19 1954 Included a thorough examination of our books9 accounts, records,, and under lying documents 9 by the CcPoA firm of Conway,. Mo©9 tobbs and funston of Las Vegas* The participants in the audit were? For the Water Districts L T n r o o n S r t ^ T ^ ^ l P ^ t time) LKo. J* Loren,, CPA F a Ruddy Accountant (part time) lo Wo Bradshaw Accountant (part time) Per LVLSsW Cong L« Ro itaagp General Manager (part time) Mo Bo Davis Assto to Qen< Manager (part time) Ned Doty$ Traveling Auditor (part time) Wo P« MoCaffertyP Asst® Traveling Auditor 0* ParJkinson0 Aeoountant, General Auditor’s Office The Water District9 s representatives reviewed the records for the period September lu 1958 to April 30,, 1954a N o formal exceptions whatsoever were taken to any of our figures and the net total of #2-317 663 43 was accepted as representing the actual sale price brought down to April 309 1954 However« Mr Conway orally stated that while he was not making a formal exception to the net figure mentioned above,, he was going to call the District's attention to the fact that Included therein as an addition to the basic purchase price were 33 work orders involving #18.,633o79 representing the con* struct ion of fire hydrant laterals <> the cost of whloh was paid