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December 10, 1952 Onion Pacific Railroad Company Los Angelas k Salt Lake Railroad Company Las Vegas Land and Water Company 422 West Sixth Street Los Angeles 14, California Attention} Mr* Wm, Reinhardt, Yiee-President Gentlemen; 1. The undersigned, Las Yagas falley Water District, a water district created and existing pursuant to the provisions of Chapter 167 of the 1947 Statutes of Nevada as amended by Chapter 130 of the 1949 Statutes of Nevada and as amended by Chapter 307 of the 1951 Statutes of Nevada, hereinafter sometimes called "District", does hereby offer to purchase the following property located in the City of Las Vegas, Nevada, to be conveyed to the District at a time hereinafter referred to as the "sale date", upon the conditions hereinafter stated: {a) The five hundred seven (567) acres, more or lees, of water-bearing land as indicated by the portion of the plat tinted in ....... color attached hereto, marked Exhibit "A" and made a part hereof, together with all of the water production and transmission facilities and other improvements and the appurtenances thereto belonging now located upon said land or which may be placed thereon by you prior to the sale date subject to conditions, encumbrances and reservations of