upr000342 93

Of Errors In Water Parley •Leo A. McNamee today denied he had any authority to speak for the Las Vegas Land & Water company on the subject of sale of their distribution facility here . to; the city of Las Vegas when the matter was discussed at a Meeting with the city commis­sion last week. “ At the conference in ( dues - | tion,” McNamee states, some- I one asked the question. Why doesn’t the -city buy the Land and Water company? “ I as an individual, asked toe general question as to whether or not the city was interested in discussing the matter, and ex- Sressly stated that I had no au­thority to speak for the water company. “ One of the commissioners present stated that the city would be interested if the price was right I remarked that I had read in a paper some months ago that one of the Land and Water company made some kind of a statement relative to selling the water com-tvcmv and one of the commis-ffone’rs remarked that the offi­cial’s statement was only a gen­eral one and that no detailshad ever been expressed, submitted or discussd. . “ Someone then questioned as to the valuation of the Las Vegas Land & Water company, and someone else present, not l, stated that he had seen m a book­let" where the Land and Water company was assessed at around $1,200,000. The book *5® company, was not mentioned by l i p ‘ ‘There, - was -no plan. or -anyi discussion of. a plan to name a speciiS 'bomihittee for- the | pose of making an investigation of the feasibility of the proj'ect of buying I the Land & Water com- pany, nor was there any state­ment. that the company was pre­pared to send representatives Jot the purpose of exploring or dis­cussing the matter. - “ Since June, 1946, I have not represented the Las Vegas Land & Water company,, except on one special occasion which had no connection with the sale of its: I business.’’ : Commissioner R o b e r t T. 1 Moore said this morning that a; committee probably wonld be ap­pointed Wednesday from among the newly named citizen’s ad­visory board to study the pro­posed pur chase of the water com­pany’s holdings here and that he felt it was a step in the right 1 direction. Under the provisions of the city charter and the franchise held by the utility, the property may not be sold without the ciy of Las Vegas^firsb being .given, an opportunity t6 purc^a.set -' ’ ? ... - — - - - O r % 2 rM a.; Icgft i i