upr000267 292

Under ( l ) , | doubt It there le much that w* could do toward block­ing the ultim ate a cqu isition o f our water properties i f they can handle the deal, X therefore think that ear best in terest weald he to negotiate with them. tinder (2) , i t weald he ay thought that we should retain eith er the B ig Spring o r ana of the better w ells la that immediate v ic in ity , together with the fe e o f a strip extending down to the shop area on which we oould pat a water lin e to provide water fo r our own requirements. Under ( 3) , as X see I t nothing bat disadvantage to ae could resu lt from allow ing the D is trict people to have access to oar accounts. X think that any values which are set on these properties should be based on a ph ysical in** veniory and priced in accordance with today's p rice s. Otherwise we weald be subjected to actual lo sses in value which oould hardly bo avoided. In. Reinhardt,