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Digital ID
man000205-101
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I agree.1 (c) If the ledger value on the aale date of the 2 automotive equipment, shop equipment and materials and 3 supplies transferred to the District by the Water Com- 4 pany on the sale date is less than the ledger value 5 of such property owned by the Water Company on September 6 1, 1952, as stated in said Section 1(h) hereof, the rj difference shall be deducted from the basic purchase 3 price. 9 (d) All advance payments for water service credited 10 to Account 26l— Miscellaneous Unadjusted Credits of the Water Company upon the sale date for water service to be 12 thereafter performed, and the District hereby agrees, 13 effective on the sale date, to credit all customers 14 with the amounts of all unused portions of said advances 15 for water service made by such customers and credited 16 to said account as of the sale date, 17 (©) That portion of any sums of money deposited 18 with the Water Company as advances for the construction 19 by the Water Company of water mains under contracts made 20 pursuant to Rule 9 of its said Rules and Regulations 21 which the Water Company has not expended upon the sale 22 date for the purposes stated in said contracts. Said 23 unexpended sums of money shall be retained by the Water 24 Company on and after the sale date. 25 26 27 28 39