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SPENCER L. BUTTERFIELD V I C E P R E S I D E N T WILLIAM COULTHARD S E C Y . - T R E A S . k fARRY E. MILLER E. OTTO UNDERHILL JAMES CASHMAN JO H N BUNCH Officers and Directors THOMAS A. CAMPBELL PRESIDENT LAS VEGAS VALLEY WATER DISTRICT 900 SOUTH 5TH STREET LAS VEGAS, NEVADA T e l e p h o n e 5920 HOWARD F. CLARK C H I E F E N G I N E E R A N D M A N A G E R P. O. BOX 1448 > w i 1, 1951* -Las Vegas Board of Realtors Chamber of Consaerce Building 515 oautl 5th Street, Las Vegas, -• evade Attn* hr. James C» Xoung, Coalman, Special Geaaiittee. GenilesuKU W@ wish to thank you and your committee for your letter of July 2?th, 1951, outlining to us the basis of your fee should we ask for as appraisal of certain lands owned by Union I selfle Railroad Ck>ispary,et ala,in l as Vegas, and part of the properties tused by the water utility. inasmuch as tbs financial condition of the Water District requires a careful consideration at the present, th® Directors have decided to defer the authorization of an appraisal o f these lands until the outcome of certain present negotiations is favorable. Thanking you for the consideration which you gave to the preparation of this estimate, and the time spent with the Manager in getting acquainted, with th© basis condition® involved, we remain LAS VEGAS YALLEY WATER DISTRICT by Howard F. Clark Masmger 3 3 CCs