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upr000180 124

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upr000180-124
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WP. C. M. Gory #t water main In location indicated by yellow line on attached Exhibit a * connecting the existing water mains of the Company with the existing 6 * water line to be conveyed by Subdivider to Company pursuant to Paragraph X* Article 1 hereof Company agrees* 1 - Upon execution of this agreement, the receipt of said Bill of Sale specified in Paragraph I of Article I hereof and receipt of the sum of $1310 specified in Paragraph 2 of Article I hereof to construct said extension indicated by yellow line on said Exhibit A S - fo pay to the Subdivider at quarterly Intervals 36# of the revenue received by It from customers located within the area outlined in red on said Exhibit A taking direct service from the water mains Indicated by yellow and green lines on said Exhibit A for a period of ten <10) years from the dated of completion ©f the water main indicated by yellow line on said Exhibit "a ", or until the Subdivider has been repaid the actual cost of constructing the water line indicated by yellow line on said Exhibit "A" whichever first occurs. It is Mutually agreed: 1 - fhat the water main so installed and water main to be conveyed to the Company by the Sub-divider shall be and remain the property of the Com