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Lae Vegas * March 17# 1952 w 2>1«9^ Mr. 0. M. Gory - Las Vegas ooI Hr. Wm. Reinhardt Mr. S* £. Bennett 'ill you pleat© prepareusu&l for® of refund agreement with Desert Development, Xno.t a Nevada corporatlon with place of business at 2021 Cedar Street, Las Vegas, Nevada, covering the Installation of 6“ oast iron water mains to serve O&krldge Tract, Las Vegas, as per plat filed in Book 3 of Plats, page 30, Clark County Records, in location des­cribed as follows: • Commencing &t a connection with existing 10* water main in O&key Boulevard at the intersection of South Ninth Street, thence southerly in South Ninth fftreet to Ha a sett Avenue, thence easterly ii Bassett Avenue to a connection with existing 88 water main in South Tenth Street, a distance of approxi­mately 900 feet. Together with the installation of approximately 20 feet of 6* o&st iron water line to serve two fire hydrants In location as designated by City Authorities. The estimated cost of said water line and fire hydrant connections la $4 290. <• Subdivider agrees s 1, Deposit $b 290, 2, Survey and st ke location of water lines, 3, Furnish easement wiygige necessary. Company agrees s X, Upon execution of agreement, receipt of deposit and easement if necessary, to proceed >^ith installation of said water main and fire hydrant connections. 2. To refund to Subdivider at quarterly Intervals, 35$ of revenue received from customers located within said Tract taking service from the water mains installed hereunder during followin' 10 year period or intil Subdivider has been repa id amount advanced by it (exclusive of the cost of constructing said fire hydrant connections) . whichever first occurs, Other usual provisions. w. H. Johnson