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man000166 40

man000166 40
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Digital ID

man000166-040

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http://n2t.net/ark:/62930/d1959f52c
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Agreement file volume no. VI

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Digitized materials: physical originals can be viewed in Special Collections and Archives reading room

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University of Nevada, Las Vegas. Libraries

f] 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 sum of ONE THOUSAND ONE HUNDRED SEVENTY-SIX DOLLARS ($.1,176,00) specified in Paragraph. 1 of Article I hereof, and the furnishing of such necessary easements, and the furnishing of the policies of title insurance aforesaid, to order the necessary pipe, fittings and other material and upon the arrival of pipe, and material aforesaid at Las Vegas, to proceed with the installation of said water main along the lines so staked upon the ground by the Sub-divider, and to complete the said installation with reasonable diligence. Said water main shall consist of 6” cast iron pipe. Construction of said water main shall not be commenced until the provisions of this;subdivision 1 have been complied with. 2. To pay to the Subdivider, at quarterly intervals, thirty-five percent (35$) of the revenue received by it from consumers located on Lots 4, 5, 6, and 7 of Block 4 and Lots 9, 10, 11, and 12 of Block 7, Charleston Village Tract No. 1 taking direct service from water main installed hereunder during the ten (10) year period following completion of said water main or until Subdivider has been repaid the cost of said water main whichever first occurs. ARTICLE III. It is mutually agreed: 1. That the water main so installed shall be and remain the property of the Company. 2. Should the actual cost of the installation of said water main exceed the estimated cost of |1,176.00, then and in that event, the Subdivider will pay the excess to the Company, upon demandj if said actual cost be less than $1,176.00, then the Company will pay -3-