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BASIS No. 3 Convey LA&SLRR Co. "water production facilities to UPRH Co. at the tax base. UPRR Co. to reconvey those facilities to LVL&W Co. at market value, with the market value predicated on the appraised value thereof as per fourth paragraph of attached letter and the first tabulation of Exhibit 1. LVL&W Co. to sell the combined water production and distribution facilities to the Water District. Depreciated value of LVL&W Co. water distribution.facilities as of Sept. 1, 1952 Appraised value of LA&SL water production facilities for sale by UPRR Co. to LVL&W Co. Total cost to LVL&W Co. $ 766,975.61 1,711,295*00 $2,^78,270.61 Purchase offer 2,1+70,097.10 Approximate capital loss to LVL&W Co. $ 8,173.51 Approximate capital gain to UPRR Co.: Sale price to LVL&W Co. $1,711,295*00 Depreciated value of the water production facilities as of Sept. 1, 1952 677,731.-82 1,0.3,3,563,18 Total approximate capital gain $1,025,389*67 General Omaha, NAeubdriatsokra' s- FOefbfircueary k r 1953
