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upr000101 158

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upr000101-158
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    ? h ”:J' 'I'* 1 chase Price Adjustment Fund of $ l ^ ' l j ^ ^ , which you 2 will hold and disburse as provided in Section VII ®f these 3 Instructions, 4 (e) There shall remain in your possession the Relo- 5 cation Fund of $352,000.00, which you will hold and dis- 6 burse as provided in Section VIII of these Instructions. 7 V 8 The Distinct agrees that on or before June 15, 1954, the „ „ i i t t 9 District will hand you the sum of "'bf which 10 is the Estimated Purchase Price of the properties referred to in Sec 11 tion 1 of the Sale Agreement, and $352,000.00 of which is the amount 12 of the Relocation Fund referred to in Section 5 of the Sale Agree- 13 ment. 14 VI ? i 15 The District authorizes you to pay to Las Vegas Land and 16 Water Company upon the sale date the Preliminary Purchase Price of 17 r 3 $ 2 j (> i 3 ""7 to hold the Purchase Price Adjustment Fund of 18 $ ! & 3% > > subject to the provisions of Section VII of these 19 Instructions, and to Iiold the Relocation Fund of $352,000.00 subject 20 to the provisions of Section VIII of these Instructions, if on the 21 (a) You record the deed referred to in paragraph 5 22 of Section III of these Instructions and deliver to the 23 District the documents referred to in paragraphs 1 to 4, 24 inclusive, and in paragraphs 6 to 9, inclusive, of said 25 section, all of which documents shall comply with the pro- 26 visions of the Sale Agreement. 7.