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Page Pour October 15, 1952 It It understood that In order to finance this purchase it Is necessary that the undersigned be authorized to Issue bonds pursuant to the Statute under which the undersigned was crested and Is acting. Therefore, one of the conditions of this offer Is that it shall not bo binding upon the undersigned until Its bonds so to be authorized are sold and the money therefrom is available. This offer shell remain in effect until It is rejected by you or Is withdrawn by the undersigned by notice given thirty daye before such withdrawal becomes effective, which notice shall be made and given with the same for­mality as this offer is made end given. Will you please advise your reaction to this offer, and if tentatively acceptable, will you suggest a time and place where your attorneys can meet with ours, to draw up the papers setting forth a detailed agreement between us pertaining to the subject matter of this offer. Dated this 15th day of October, 1952* M i VEOAS VALLEY WATER DISTRICT (Sad) Thomas A. Campbell______ Thomas A. Campbell, President (Sgd) Spencer L. Butterfield Spencer L. Butterfield, Vice-President 0, William Coulthard 1illam fiioulthird, Secy-Trecs, lHaaarLrfyl ME3.g .Kiilll,e Mr, Dmire c1tor (Sad) James Cashman James Cashman, Director (Sgd) John Bunch_____ ........... mi im iiiwuw i h Jotift Bunch, DIinio^oi1