upr000101 77

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 1 6 17 1|8 19 20 21 22 23 24 25 26 chase Frit# Adjustment Fund of $157,382.75# which y©« will hold and disburse as provided In Section FIX of these Instructions, (a) There shall 'remain In your possession the Halo* ©ailon Fund of $332#000.00, Shiah you will hold and dis­burse m provided In seetIon Fill of these Instructlong, V the District agrees that on or before June 15# 1954, the District will hand you the sum of $2,827,046.18, $2,475,046.18 of which is the Estimated Purchase price of the properties referred to in Section 1 of the Sale Agreement, and $352,000.00 of which is the amount of the Relocation Fund referred to in Section § of the Sale Agreement* VX The District authorises you to pay to las Vegas Land and Water Company upon the sale date the Preliminary Purchase Price of $2,317*663.43, to hold the .Purchase Price Adjustment Fund of $15 7 *382.73* subject to the provisions of section YXI of these Instructions, and to hold the Rsloeatien Fund of $352,000,00 subject to the provisions of lection 'fill of these Instructions, if on the sale date; (a) To m record the deed referred to in paragraph § of Section H I ©f these Instructions and deliver to the • District the documents referred b© in paragraphs X to 4, inclusive, and in paragraphs i to f# inclusive, of said section, all of which documents shall comply with the pro­visions of the sale Agreement, 7 .