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upr000102 247

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upr000102-247
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 2 i 22 23 24 25 26 price so determined and the Preliminary purchase price received by the Water Company upon the sahr date, and you shall pay the District the entire amount of the Pin?€hase Price Adjustment Fund of $_______? In the event the final purchase price of the properties referred to in Section 1 of the Sa^e Agreement, determined as herein qorovided, shall he in excess off the Estimated purchase price of $____________, the District shalx promptly pay to the Water Company the difference between the saLa Estimated purchase price and the final purchase price of saiyproperties determined as in this section provided,and you shall pa^y theJWat^rr^nompany the entire amount of the Purchase Price—atijQstment fund of $______________. VIII All of the provisions of Section 5 of the Sale Agreement and all of the other portions of said agreement referred to in said Section 5 are incorporated herein by reference and made a part here­of as if fully set forth herein. After the sale date you are in­structed to hold the Relocation Fund of $352,000.00 and to disburse it as provided in Section 5 of the Sale Agreement. IX You are instructed to prorate all general and special state, county and city taxes levied and assessed for the calendar year 195^ upon the property referred to in Section 1 of the Sale Agreement as of the sale date. It is agreed by the parties that such taxes shall not include taxes for the calendar year 195^ lev­ied pursuant to assessments made by the Nevada Tax Commission under Section 6546 of the Nevada Compiled Laws of 1929 as amended upon any 11