upr000089 45

gjjlfp ** January 764*36 9, 1953 Mr* W* H* HUisisert (GG-HMrr** A, £* Stoddard r n * aeiahardt * Los Angeles Hr* W* ft* E » « # Mr* 1* I. Bennett * Los Angeles) This refer# to Mr* Bennett* a telegram B-94 of Jan­uary 1633 la reply to ay letter of January 7, Iff, about the proposed sale of weter facilities at Lao Tegas to Las Vegas Valley Water District, y a w file 3703*X* In y a w letter of December 30, 195g you furnished the appraised value of U J k d t m Go* eater production facilities as of sept eater X, 1958 as separately deteralaed by Onion Pacific aad water District representatives, which apparently now re­quires revising* assorting to W * Bennett* s telegram 8-94, It appears that at least the east of the meter serving the p*#M*Go* line Is iaeXuded in the appraisals, end slnee none of the fsellltlee serving P*F.h.Co. rtil he sold to the later District it follow# that none of these faelXlties are iaoludeA in the basic pur- shase offer of 18,300,000 arte by the water District for the combined plant* Will you, therefore, please furnish revised appraisal# for the U k s u m Go* plant by eliminating the appraisal of facil­ities presently serving P*F*B«G®* which are not included In the basle purchase offer, In order that the appraisal# and the hasle purchase offer may be placed on a eaaparafele basis* Also, on statement attached to your telegram 0-476 of October 6 , 1938 is shown the ledger value, seemed amortisa­tion and di®reels felon , end the book value of the LrtdUlM @0* facilities at September 1, 1938* In order to place the recorded costs on the seme basis as the purchase offer art appraisals, plsass furnish revised figures which w i n reflect the ellatna- tioa of such of the P*r»B«Go* facilities that will not be sold* The purchase offer art the appraisal* include all of the facilities to be constructed in the Charleston Boulevard area under tf.O* 3013-LA, estimated et #187,606* order to place the book figures on a comparable basis with the purobese offer art the appraisals, to your revised recorded figures at September 1, 1938 we will deduct #10,314*11 rcpre-