man000205 33

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 f 1 in Sections 10, 31 end If hereof, fh© term '"sale date" as need in this agreement shall be the date when the said lank of Nevada shall complete said escrow by delivering to the District all of said in* strument® of conveyance and transfer and shall pay to. First Parties or their nominee the fall amount of the said purchase price. Section 10. As consideration for the conveyance to the District of the properties referred t© in. .Sections 1, § and 6 here-heretn contained of and for the other agreements and covwnanta/to be performed by First 'Parties the District shall pay to the First Parties, or to such party as First Parties shall designate, upon the sale date through the escrow provided for in Section § hereof. Two Million Five Hundred fhouaand Dollars ($3,500,000.00), hereinafter called the "basic purchase price'5, subject to the adjustments hereinafter stated. Section 11, fhere shall be added to the basic purchase price to fee paid fey the District upon the sale date the following amount® t (a) All payments mad© fey first Parties, or any of them, at any time, and the cost of all material furnished fey First Parties, or any of them, to contractors for work performed during the period, September 1, 1952, to and in* eluding the sal® date under contracts executed fey First Parties, or any of them, with contractors for the con­struction of additions and betterments to or extension® of the water production, transmission and distribution fa­cilities mentioned in subparagraphs (b), (d) and (f) of 25