Discussion of needed revisions for the contract for the Las Vegas Valley Water District's purchase of water production facilities and land from the Union Pacific Railroad.

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.

The Las Vegas Land and Water Company provided the water district with an inventory a year before, but no buyers made an offer yet. The letter is an account of a meeting to discuss further details of the proposed purchase. "8011-- 174-2 80-Gen." written in red pencil at head of the letter.

Lease of the Las Vegas Ranch by Las Vegas Land and Water Company to Willie T. Stewart, Earl Leavitt, and William Udell Stewart. The document lists 13 terms and conditions including such topics as land use, water use, and fiscal responsibilities. "Exhibit A", which is referenced below, is mentioned in lease term number two and shows specific areas of the ranch . The area outlined in yellow was to be used for dairy operations and the red outlined area for grazing purposes.