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\ forebay, and 12" concrete pipe. 3* In 1918 it expended $3*850*21 for 16" vitrified clay pipe line, U. Also expended in 1918 $6,779.09 for 16" wood stave pipe line. 5. In 1920 it spent $6,088.96 for additional 16" wood stave pipe line. 6. In 1922 it spent $5*197*95 for 16" cast iron pipe line. 7. In 1925 it spent $6,109.22 net for 12" drilled well 635 feet deep. In 1926 it spent $8,267.3U for 2i*" and 16" wood stave pipe line plus $125*Uii for spring house ventilators, 9* In 1927 it spent $6,010.23 for 12" cast iron pipe from Little Spring. 10. In 1928 eight meters were purchased and installed at a cost of $3*236.51*. Also in 1928 a 2|r million gallon reservoir was constructed at net cost of $65,865.61*. 1929 a 2i*" cast iron pipe from reservoir to point of delivery to Las Vegas Land and Water Company was installed at cost of $61,555.11* The total net cost taken from the Railroad Company books, or valuation of the above noted facilities existing as of January 1, 1931* equals $177,11*7.88. These are joint facilities owned by the Railroad Company exclusively but used by the Railroad Company and its Las Vegas Land and Water Company. In September, 1931, this Commission found $165,11*0.26 as the fair value of all Railroad facilities and a fair rental for the use of these to be $l,20l*.65 per month, based on an interest rate of 6% on the $165,11*0.26 and reserve for replacement at approximately 2% on $177,11*7.88. - H* -
