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Hr* Knickerbocker: iz June m m IftH At first? glance it c»£M appear that an expen- (ULtxurs fear an additional well is not warrant«d* in view of the apparent mat e of water at this tine* hat X present tbs following facts for your eonsideration of this request: T h e r a is considerable agitation f a r municipal ownership at water and electric utilities, and has been since the recent election of tb© Moyer sand City Comrais- aioners* 1 learn Indirectly that the new City Attorney* Saylor, has requeste&frora the Public Service ®os*alssion copies of our anneal statement to that body* not only for the past few years, but sins® the %ter company m s 'neor- porated. Application is also being raa&$800,000 of e for a loan of government fends for the purpose of either purchasing our water system or for the ®lty to construet one o f their own* Auditor Ts farm 7 reflects earnings of the water system will approximate 17*99 per cent for this year, based cm report for first osar ter, and this is woraeWbat lower than ordinary* doe to the skater oorapan:;r -paying a larger monthly Rental of Pipe Line to the Railroad Company. An additional charge to Capital *‘ccount for another well would of coarse decrease the return on investment, J M a is desirable for the time being, until all this hullah 1oo about public ' ownership quiets down* a|| fhers has always been a certain per cent of water wasted In Las Vegas, doe to the fact that water is sold on a flat rate* Sot the thing & m t caused a shortage of water last comer, and again this year, is-the- fact that the ~op­als tl on of the city Is steadily increasing* despite the falling off in employment at Boulder Dam, and personal ob­servation indicates more people are planting lawns and trees* Quite a-number of new homes have been built since last year, in the bardie and Bouth Additions, as will as other locations, and the first thing the new h- me o^ner does after he gets hia house up, is to pat in a lawn and trees* Again, consideration should be given to the future prospects of the town* Electrical level opment of the Hoche