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. 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 ity facilities and the water distribution system owned and operated by the Water Company as a public utility at Las Vegas, Nevada, on September 1, 1952, and all extensions thereto and additions and betterments thereof made by First Parties subsequent thereto. In the event the electors in the District vote to authorize the Dis­trict to issue and sell its bonds, and the District is able to sell its bonds, for the purchase of the above mentioned properties,First Parties are willing to sell their respective properties above men­tioned to the District upon the terms and conditions hereinafter stated. It is the intention of the parties hereto that promptly after the sale date the District, at its expense, will remove and relocate certain of said facilities consisting of certain pipe lines, wire lines and a pumping station and will construct certain additional pipe lines and power lines upon, under and across the property of the Railroad Companies. AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained it is agreed by the parties hereto as follows: Section 1. Subject to the provisions of Section 14 here­of, First Parties agree to sell to the District, and the District agrees to purchase, at a time hereinafter referred to as the "sale date”, (a) That certain real property noW(5or previouslyl') owned.by Salt Lake-Company located in the City of Las m