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m i 195, FIX « co; Wm. Reinhardt S. I, Bennett Pita a® prepare your usual form of Refund Agreement with Meers Assooifttfis of i*@valia , v a o s s address Is Jjfiu Lakes ’/iH&gs, Las Yagas, Nevada, covering construction of approximately 2,730 LF of 1 4»| 1,070 LF of 12H; 3,310 LF of 8* and 6,645 LF of 6* cast iron water stains and 2J2 LF of 6“ fir© hydrant connections, to serve Heera Subdivision Nevada-1, in location which will be furnished you by Mr. R. L. Adams oenh.ovn on drawings The estimated coat of constructing said water mains, exclusive of overhead and supervision, Is #80,913.00 from which an amount of |W', 749.00 is deducted as the result of an agreement between the Water Company and the SuMivider that 2,730 LF of 14* cast iron pip® is required by the Water Company to adequately serve the ultimate development of the area cut is of larger diameter than will be required to serve the presently proposed subdivision and that the Water Company will therefore assume the difference in cost of installing 2730 LF of 14“ pipe in lieu of, 2730 LF of 12“ pipe, which difference is agreed to be #4,749.00 which results in & total estimated cost, exclusive of overhead and supervision, of 176,164.00 or #B3,?8o.OQ including overhead and supervision, which represents the amount of deposit which would b® required of the Subdivider upon execution of the Agreement. S0SDIVIDSR ASMUUU31 1 - 1U8p3o*n7 8e0x.e0c0u.tion of Agreement to deposit the sum of 2 - to locate the pipe lines. 3 - To furnish Title Policies and Easements where required. CUMPANSr A&R£ESt 1 - Upon execution of Agreement and receipt of said deposit and necessary easements, to proceed with construction of said water main and fire hydrant connections. 2 - To pay to the Subdivider at quarterly intervals, 35$ of the monthly revenue received toy it from customers located within said subdivision .and taking direct service from the water mains installed hereunder for a period of ten years from date of completion of said installation or until the Subdivider has been repaid the actual cost of the line© so advanced by it (exclusive of the cost of constructing ©aid fire hydrant connections) whichever first occurs. Other usual conditions. LB Ms rr L * R« Maag