upr000104 153

1 2 3 4 5 6 7 8 9 1 0 1 1 12 13 14 1 5 1 6 17 1|8 19 20 21 22 23 24 25 26 ehase Price Adjustment Fund of $157,382.75, which you sill hold and disburse as provided in Section VII of these Instructions, (©) There shall remain in your possession the Relo­cation Fund of $352,000.00, which you will hold and dis­burse as provided in Section VIII of these Instructions. V The District agrees that on or before June 15, 1954, the District will hand you the sum of $2,827,046.18, $2,475,046.18 of which is the Estimated Purchase Price of the properties referred to in Section 1 of the Sale Agreement, and $352,000.00 of which is the amount of the Relocation Fund referred to in Section 5 of the Sale Agreement. VI The District authorises you to pay to Las Vegas Land and Water Company upon the sale date the Preliminary Purchase Price of $2,317,663.43, to hold the Purchase Price Adjustment Fund of $157,382.75, subject to the provisions of Section VII of these Instructions, and to hold the Relocation Fund of $352,000.00 subject to the provisions of Section VIII of these Instructions, if on the sale date1 (a) You record the deed referred to in paragraph 5 of Section III of these Instructions and deliver to the District the documents referred to in paragraphs 1 to 4, inclusive, and in paragraphs 6 to 9, inclusive, of said section, all of which documents shall comply with the pro­visions of the Sale Agreement. 7*