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upr000192 13

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upr000192-013
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    Mr, Cory - Page #2 k. To furnish easements where naoeas&ry and to furnish title policies required, 5, To furnish Bill of Sale, conveying title to the water mains to the Las Vegas Land and Water Company. 6. Make reference to form of release of right to refund* of revenue from customers of the Las Vegas Land and Water Company Immediately adjacent to Oakey Boulevard between Eastern Avenue and Southern Nevada Power Company right-of-way taking direct service from I s cast iron water main to be constructed by Subdivider In Oakey Boulevard, THE COMPANY AGREESi l, Upon execution of this Agreement and reoeipt of said Bill of Sale, necessary easements and title policies for said water lines and said release of right to refunds of revenue from customers of the Las Vegas Land and Water Company immediately adjacent to U&key Boulevard between Eastern Avenue and Southern Nevada Power Company right-of-way which 1 # incorporated in this provision by reference to Agreement with Subdivider covering Charleston Park Tract 1, to pay to the Subdivider at quarterly intervals, 35% of the revenue received by it from consumers located within said subdivision and taking direct service from water mains installed hereunder, including also 35$ of revenue received from customers immediately adjacent to Oakey Boulevard between Eastern Avenue and Southern Nevada Power Company right-of-way taking direct service from 8* water main to be installed by Subdivider in Oakey Boulevard pursuant to this Agree­ment, said payment of refunds to be made for a period of ten (10 ) ye&rs following date of completion of said installation or until the Subdivider has been repaid the agreed upon sum of $28,257*00, whichever first occur#. Other usual conditions. Also will you please prepare Bill of Sale conveying title to said water mains to the Las Vegas Land and Water Company. LRMJrr L, R. Maag