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Digital Provenance
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Publisher
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Transcription
(a) Have deposited suras of money with you as advances for the construction of water mains or (b) Have at their own expense constructed and conveyed to you water mains, to serve properties being developed by them subject to refund of the cost pursuant to the rules and regulations of the Water Company. The amount subject to refund pursuant to such contracts, less the amount of refunds heretofore paid shall be credited to said purchase price of Two Million Five Hundred Thousand Dollars ($2,500,000.00). Said contracts will be assigned to the District and the District will assume all liabilities under said contracts. The amount of such credit shall be determined and the assumption of such liabilities shall be as of a date to be A mutually agreed upon. § 1 ' As regards to the last paragraph on page 2 of yotfl’ proposed letter to Mr. Me Names, concerning sub-paragraph (gK As all of the contracts in question are Water Company agreement, some pursuant to old Rule 9-A and some pursuant to new Rule-9, I suggest reference to these agreements be changed to read: ~ relative to those advances by Subdividers and others, for construction of water mains, subject to refund pursuant to the Water Company’s rules and regulations which I have felt - -
