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upr000267-019
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    $ - Administrator of General Services As hereinbefore noted, certain possible defects in the patent obtained by Reconstruction Finance Corporation to Parcels 1 , 2 and 3 and the failure to obtain a right of way over public lands of the United States may necessitate additional legislation. In any event, additional patents and rights of way must be obtained from the Department of Interior. These considerations may dictate which of the applicants is the appropriate grantee to be named in the proposed new quitclaim deed. Applicants, and each of them, are willing and consent that the grantee to be named in said proposed deed may be either the State of Nevada, acting by and through the Colorado River Commission, or the Las Vegas Valley Water District, B. The State of Nevada, acting by and through the Nevada State Board of Control, will quitclaim all its right, title and interest in said water facilities to the Las Vegas Valley Vv'ater District. C . In consideration of the execution and delivery to the Water District of the respective quitclaim deeds conveying all right, title, and interest of the State of Nevada and the United States in and to said water facilities, the maximum cohsideration payable by the State of Nevada to the United States, Reconstruction Finance Corporation or General Services Administration under the letter of intent of March 17, 1948, or the quitclaim deed of June 3, 1949, shall be reduced in the amount of $1,500,000. Said sum of $1,500,000 repre­sents the fair value of the water facility as established in other official docu­ments existing at or prior to the execution of the letter of intent of March 17, 1948, and the execution and delivery of the quitclaim deed of June 3, 1949, D. Additional considerations to be furnished and obligations to be under­taken by the Water District only are as follows: (1) The construction of an additional storage reservoir at Henderson of at least 16,000,000 gallon capacity to augment storage of the two existing reservoirs of similar capacity. (2) The obligation to operate and maintain all of the water facil­ities quitclaimed to said Water District. (3) The obligation to serve water at reasonable rates to all consumers in the townsite of Henderson and to the purchasers or lessees of existing industrial facilities located at Basic Magnesium Plant. Said consumers shall have a prior right to water delivered by said existing 40 inch line to the extent of 2/3 of its capacity. (4) The construction of a water line from Henderson, Nevada, to Las Vegas, Nevada, to augment water resources in Las Vegas and to supply Nellis Air Base v/ith water, as hereinafter provided. (5) The construction of a water line from Las Vegas, Nevada, to "j the boundary of Nellis Air Base to serve said Air Base. ,