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LAS VEGAS REVIEW-JOURNAL August 24, 1952 $7 Million Vole On Water Bonds Seen For 1952 Water district directors hoped to have a $7,000,000 bond election before Clark'county voters later i ‘this year following a “harmony”;' meeting with city commission in which agreement was reached- to purchase the private utility! from Union Pacific railroad for $2,500,000.. A spot survey conducted today I by the Review-Journal showed! that while accord was reached! by the two groups to - maintain } a high-level wafer lifeline in enduing ’years, residents of the ! eastern part of town reported* only fair pressure in their taps.) Westside dtvellers said their pressure had been varying from \ “low and weak” to normal, every day .for- the last several; weeks. Good pressure conditions were found in the nor.th and south portions,pf the community. North lias Vegas water commissioner Warren; Stanley said a Mayor C. D. Baker reported numerous complaints Friday ,night by residents of (south) Bonanza road and merchants on the north side of Fremont street who said their taps were dry'for.'a time; ' Baker said ; the incident was probably brought on by a need for a mechanical adjustment bf the pumping units, rather than a shortage of water. . key water pump which collapsed' of old age should be in working order late Monday. A new pump Arrived Saturday, but one important part hf •, it was missing.. The part wJJJjmwairmailed from- Los Angeles./The inoperative unit has seriott^^jgopardized North.- Lps Vegasfise Trghting potential because it>cut the storage capacity below the safety level. Commissioners endorsed a resolution approving the district’s offer to the UP after City Attor-, ney Howard Cannon cautioned that condemnation proceedings! to .seize the priyate utility, through the courts would drag, on for possibly two years, and might "in the end prove costlier; r At the same time, county commissioner Harvey McDona 1 d' gave,- assurances the coun ty board woiild follow the city’s endorsement at its meeting Monday.!, 31 In' reviewing' the long negotiations between the railroad and , and the. district, Chairman ’ Tom Campbell explained the company had at first strongly favored “reproduction cost” as a formula for determining the 1 “price.” ... x Campbell said the' district ! would not accept this because of increased material charges during., the current inflationary MHk H ... Later, the chairman said, the district’s, engineer established- I an independently determined reproduction cost now, less depreciation ,of $3,000,000,-2*his ;wasi $300,000 less than tire Utilities es-| timafe. "
