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upr000067 245

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upr000067-245
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University of Nevada, Las Vegas. Libraries

Union Pacific, at al* 10 Becesiber 10, 1952’ 5* It is further understood that Las Vegas Land and Water Company has outstanding contracts hereby certain subdividers or applicants (a) hare deposited suns of money with i t as ad* ranees for the construction of water mains, or (b) hare at their own expense constructed and conveyed to Lae Vegas Land and Water Com* pany water mains to serve properties being developed by them, subject to refund of the cost pursuant to the said Rules and Regu­lations of the Las Vegas Land and Water Company* Upon the sale date a ll such contracts which are s t i l l wholly or p a rtially unperformed shall be assigned to the Dis­t r ic t , and the D istrict w ill, ae of said date, assume a ll lia b ilit ie s , including lia b ilit y for further refunds, under said contracts* In the event there are in the pos­session of the Las Vegas Land and Water Company upon the sale date sums of money deposited with i t as advances for the construction of water sains which have not been ex­pended for that purpose, said unexpended sums shall be paid to the District to be used by the D istrict in accor­dance with the provisions of said contracts*