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1 2 3 4 5 6 7 8 9 1° 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 aiii is and %» sell aoeh hmM. Tim Mstriet agree® bo call an election on ©r before August l, 1993# for fee purpose of obtain tag authority to lasm and a® 11 bonds for the pyrfease of the prop ©rties hex*©in raentioned. Use obligation of the- District to pwfeas fee prepovbiM MlmA to in Sections 1# 5 «as# 6 hereof, and of First Parties to sell M convey mm% properties to the Ms trie t for the purchase provided in this agreeiaent# shall ho mh$m% to the eendition that the Mstrict shall receive authority to issue ant sell bonds and shall sell bends sufficient in murnmt to enable the District to pay the purchase prise herein presided. If on or before heoeeher 31# 3953# fee escrow provided for in Section f shall net have toon oooplot#d by the conveyance of the pregovtlos referred b# in Sect ions i# 5 and # hereof to the District and the payment of the purchase price thereof to first fart tea# or to the party they shall Aeoigneto* all ebllgfelens of oil 'parties to this agreement shall ©ease and tentftttte. In the event the said ooowar stall have boon Mpletted eft or before Deceitber 11# 3953# or on or before email later date as the parties hereto any hereafter wttmlly dealgai.be # by fee conveyance of the properties referred to in Sastl«s 1# 5 -amt I hereof t# the Moftstet gad fee faywent of the purchase prise pro** viied %m this agreement to first Parties# or their hbm&mo# oil ©Is* ligations of any party Mrs to under this an^emont not fulfilled op­en fee ifiAs of eeqplotton of #li€ escrow feoil remain la foil for«o aM of foot until thereafter performed In oaoovdooao wife fee swer!* Blwm of this agreement. Section IS, the Mebytat agrees that it will# at its aela 3 1 *