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upr000070 328

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upr000070-328
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    urn i s (4) Depositaries for funds. Responsibility for selecting these (subject to any requests made by bend purchasers) in the hands of Tom Campbell. These should be chosen by the time bids are taken on the bonds. 9, Pond delivery. Between April 22 and April 30. The time and plaee in part subject to determination by bond buyers, but must be go arranged that bond delivery can take place, payment Into escrow made, and takeover of facilities take place either on the same date or within 2A hours. 10. Takeover of Las Vegas property. May be April 30, should be between April 22 and May 1. Time to be fixed by Bennett and Hamilton after bond financing proposals have been received and opened and a finan­cial contract made. This time will be fixed in the escrow Instructions above, and the responsibility for it is upon Hamilton and Bennett, HOT!: Printing the prospectus and the notice inviting bids is a responsibility of the District and is primarily up to Campbell and Beebe. Jeffries Banknote Company will print the prospectus, the notice Inviting bids and the bonds. Arrangements to be made by Campbell and Beebe. . , She foregoing is a tentative schedule, and each of the parties named is to carry out his responsibility In ths performance of the various steps enumerated. The District officers and attorneys, ef course, cannot impose any duties upon the Union Pacific officials, but my understanding is that the Onion Pacific officials are desirous ef Cooperating so that this takeover can be accomplished smoothly and as speedily as possible. Mention of Mr, Bennett’s name above is not with the thought that the district is to impose any duty upon him, but merely as a method of pointing out the names ef the persons whose coop­eration and work will be essential to the carrying out of the program of District financing and tho purchase of tho Las Tegae Land and Mater Company property. - 2 - JLB:nf