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<b) The Company will make no new connections for water service to any domestic, commercial or Industrial establishment after Peoeaber 1# 1961, unless application for sueh connection shall have been mad# to the Company prior to December 1, 1951* Mo such application shall he accepted unless such establishment Is oom~ plated or under construction on December 1, 1931. public hearing on this application will be held by the Commission in Lae Vegas, January 38, 1953 and the construction of water llnee to and in the proposed subdivision as well as water lines to serve any new dwellings constructed will be subject to such regulations as may be Issued by the Commission following the hearing. If the above proposal Is aatiafaotory to you and If in view of the above mentioned hearing it is still your dssire that we secure necessary authority and assemble materials, so that the Installation may be commenced as soon as possible after the fubllo Service Commissions* order is issued X will, upon receipt of your approval together with your check in the amount of $37,160.00, request authority for the construction of the water mains. Each of the above estimates include a contingency item of 1ii which is to cover any unforeseen increase in material and other costs. Our contract will provide that if actual costs of the work shall be less than your deposit, such excess amount will be relhnded to you. In the event, however, that the actual cost should exceed the amount of your deposit, you will, upon receipt of bill, reimburse the Water Company for such additional cost. Mr. Coegrove #3 % actual cost is meant the cost of all material and supplies delivered to the Job, the cost of all labor employed in connection with cost of premiums o nt hceo nitnrsatcatlolrast isounr eotyf b»oanid6, Jhblio Liabili?t*yv, Property Carnage and Contractor1# Contraotural Liability Insurance, plus ten percent (1<$> for supervision and overhead.