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man000163-005
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 necessary pipe, fittings and other materials and upon the arrival of pipe and materials aforesaid at Las Vegas, to proceed with the installation of said water mains and fire hydrant connections along the lines so staked upon the ground by the Subdivider, and to complete the said installation with reasonable diligence* Said water main shall consist of six inch (6W ) Cast Iron.Pipe. 2. To pay to the Subdivider at monthly intervals, thirty-five percent (35%) of the monthly revenue received by it from customers in said Tract No. 2 of Alta Vista Addition taking water from the water main so installed hereunder, for a period of ten (10) years from the date of the completion of said installation, or, until the Subdivider has been repaid the actual cost of the line so advanced by it, (exclusive of the cost of constructing said fire hydrant connections), whichever occurs first. ARTICLE III It is mutually agreed: 1. That the water mains so installed shall be and remain the property of the Company. 2. Should the actual cost of the installation of said water mains exceed the estimated cost of $4,$10.00 then and in that event the Subdivider will pay the excess to the Company, upon de­mand, if said actual cost be less than $4,$10.00 then the Company will pay to the Subdivider the difference between said estimated cost so advanced and the actual cost. By actual cost is meant the cost of all material and supplies delivered to the job, the cost of all labor employed in - 3 - A- 9o