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Kr. Reinhardt December 11* 1951 2* They stated that they had employed the Montgomery firm to cheek into this matter but the District ran out of money and the Montgomery firm had discontinued work* After some discussion* they agreed to re-employ the Montgomery firm to start work on this check and have a report to us along about the middle of January* X think* therefore* - | |i / it would be desirable for you to arrange to have statements made up of the new facilities Installed since December 31* 1950 and the cost thereof* the statement being brought up to December 1* 1951# if that Is possible* It may be that some of these work orders have an estimated cost and X think the statements should be broken down to show where such Jobs are completed and the actual cost* and where such jobs have not been completed the estimated cost* It may be that a third subdivision will be necessary to show work-orders outstanding upon which no work has been done and the estimated amount of such Jobs* This* in view of the fact that possibly those work-orders will have been completed prior to the final negotiations* The next question discussed was the value of the property. X drew Mr* Campbell's attention to the fact that - he had been quoted in the newspapers as fixing a value of $1*300*000 and X then reminded him of a meeting we held nearly two years ago* at which you were present* at which time you
