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?g' 3 Said par chase price shall be paid I© yea in cash or In such other medium ©f payment as you may designate. It is understood that in order to finance this purchase it i s necessary that the undersigned be authorised to issue bonds pursuant to the Statute under which the undersigned was created and is acting. Therefore, one of the conditions of this offer is that it shall not be binding upon the undersigned until it# bonds so to be authorised are sold and the money therefrom is available. This offer shall remain in effect until it is rejected by you or is withdrawn by the undersigned by notice given thirty days before Such withdrawal becomes effective, which notice shall be made and given with the same formality as this offer is made and given. W ill 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 oars, to draw up the paper® setting forth a detailed agreement between us pertaining to the subject matter of this offer. Bated this IStk day of October, 1952. LAS VEGAS VAL.1LEY WATER DISTRICT B? . ..... . ? ...------ - Thomas A. Campbell, President Spencer L.. Butterfield, Vic#»P e si dent William Coulthard, Seey-Treas. H arry £u M iller, Director dames Cashman, Director John Bunch, Director