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upr000090 53

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upr000090-053
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    This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.

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    University of Nevada, Las Vegas. Libraries

    4* I u*9 j? y It ir'^agreed that you have out- standing *ocontracts whereby certain *v AC* K y Subdividers or Applicants (a) Have deposited sums of money with you as advances for the construction ©f water mains or (b) Have at their own expense con­structed and conveyed to you water mains, to serve properties being developed by them subject to refund of the cost pursuant to the rules and regulations of the Water Company. The amount subject to refund pursuant to such contracts, less the amount of refunds heretofore paid shall be credited to said purchase price of Two Million Five Hundred Thousand Dollars ($2,500,000.00). Said contracts will be assigned to the District and the District will assume all liabilities under said contracts. The amount of such credit shall be determined and the assumption of such liabilities shall be as ©f a date t© be mutually agreed upon. Said purchase price shall be paid to you in cash ©r in such other medium of payment as you may -7