upr000089 138

> ? % Section 11. Upon the election of the District to remove at its own expense as hereinabove in Section S provid­ed said pipe lines shown in broken red and black lines on said Exhibit ”An and upon the completion of said removal the trust fund hereinabove established pursuant to Section 5 shall be terminated, and any moneys therein shall be turned over to the District. Section 12. In the event the Union Pacific shall not shall not have elected to remove, and shall not have removed, said pipe lines prior to said date, then and in that event the said trust fund hereinabove in Section 9 referred to shall be turned over to the Union Pacific, and the Union Pacific shall grant to the District a permanent easement or easements for the maintenance, use and operation of said pipe lines in their present location. Said easements shall be subject to substan­tially the same terms and conditions of those referred to in Section 9 hereof. rently with the agreement hereinabove referred to in the recit­als providing for the acquisition by the District of the water production and distribution facilities of the Union Pacific and the Las Vegas Land and Water Company at Las Vegas, Nevada, and shall remain in full force and effect until the terms hereof have been fully complied with. IN WITNESS WHEREOF the parties hereto have executed this agreement the date first herein written. UNION PACIFIC RAILROAD COMPANY Attest : LOS ANGELES & SALT LAKE RAILROAD COMPANY have elected to remove said pipe lines shown in broken black and red lines on said Exhibit nkn prior to nineteen (19) years subsequent to the sale date, and in the event the District Section 13. This agreement shall be executed concur- Secretary By. President LAS VEGAS VALLEY WATER DISTRICT Attest: By President Secretary