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Los Angeles, October 30, 1939 GFA • Om a h a • A - 1 9 6 • W i t h e x c e p t i o n Items 4 and 5 the e s t i m a t e d costs are sufficient. As i t e m 4 Is a L V L & W expense n e c e s s a r y add $ 5 0 0 f o r commercial frei g h t o n pipe. R e c e n t l y L V L & W acquired 8 0 acre& a d j o ining springs at $20 p e r acre, However, W R B advises his efforts to secure additional land at this price u n s u c c e s s f u l a n d suggests average price $ 3 0 p e r acre. It is p r o p o s e d to use 1 0 w pipe line f o r h a n d l i n g w a t e r f r o m Stew a r t & M a i n Sts. to the Clarke R a n c h as recom­m e n d e d in I t e m 4. O n above basis D i v i s i o n Expense follows: R a i l r o a d Company * Total Inv. O E I t e m 1 1 Clean spring Construct retaining w a l l and 250 25Q cover 1 8 0 0 1 1800 T i p e lines and p u m p i n g equipment 1 2 0 0 - 1200 Contingencies 250 i f oo 250 I t e m 2 - Construct 2 n e w wells inclu d i n g pipe lines 14 0 C 0 1 14000 Contingencies 1000 vvfca 1000 1/ 50s 0 I t e m 3 - R e c o n dition W e l l No. 2 1500 I t e m 5 - Purchase 200 acres land i $30 6000 6000 T o t a l R a i l r o a d Expense 26000 24250 1750 L a n d Company • I t e m 4 - Construct 4000* of 1 0 w cement pipe line 3700 3700 Contingencies | 300 300 To t a l L a n d Co. Expense 4000 4000