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upr000257 107

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upr000257-107
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    1 2 3 4 5 6 7 8 9 10 11 12 13 14 1 5 16 1 7 1|8 19 20 21 22 23 24 25 26 chape Price Adjustment Fund of $157*382.75, which you will hold and disburse as provided in Section VII of these Instructions, (e) There shall remain in your possession the Relo­cation Fund of $352,000.00, which you will hold and dis­burse a® provided in section VIII of these instructions. V The District agrees that on or before June 15, 1§54, 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 5 of the Sale Agreement. VI The District authorizes you to pay to Las Vegas Land and Water Company upon the sale date the Preliminary Purchase Price of $2,317*863*43* to hold the Purchase Price Adjustment Fund of $157*382.75* subject to the provisions of Section VII of these Instructions, and to hold the Relocation Fund of $352,000.00 subject to the provisions of Section VIII of these Instructions, if on the sale date: (a) You record the deed referred t© In paragraph 5 of Section III of these Instructions and deliver to the District the documents referred to in paragraphs 1 to 4, Inclusive, and in paragraphs 6 to §, inclusive, of said section, all of which documents shall comply with the pro­visions of the Sale Agreement. 7.