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DATE: PARTIES: RECITALS: AGREEMENT: 1. S Y N O P S I S (COPY) (CONTRACT AUDIT ( NO.7322-LA&SL RR) - MARCH 30 _______________ 1929 Los Angeles & Salt Lake Railroad Company (called Railroad Company) and Las Vegas Land and Water Company (called User). User owns certain water rising and flowing from Las Vegas Big Springs, Las Vegas Little Spring, Artesian well, and other sources, in Sections 29, 50 and 31, T. 20 S., R. 61 E., M.D.B&M., in the City of Las Vegas, from which sources it acquires water for distribution in the City of Las Vegas for municipal and other uses. Railroad Company owns a spring house at Las Vegas Big Spring; a spring house at Las Vegas Little Spring; and an artesian well, in Sections 29, 30 and 31; pipe lines extending from source at Springs and well to settling basin and reservoir in Section 29; a 16" W.S. pipe line and 24" C.I. pipe line extending northeasterly and southeasterly across a portion of Section 29, all of Sections 32 and 33, to the shops of the Railroad Company; thence across said shop grounds to a connection with pipe line of User located in Clark Street in Clark's Las Vegas Townsite, Railroad Company has heretofore permitted the User to carry water through said pipe lines for distribution by it at Las Vegas, and the User now desires permission to continue to carry water through said pipe lines, which permission Railroad Company is willing to grant. Railroad Company for #975.00 per month rental for the period April 1st to December 31st., 1929, grants to the User permission to continue to carry water through said pipe lines from the User's said water source, not exceeding 3500 gallons per minute continuous flow for distribution by the User in the City of Las Vegas for municipal and other uses. The monthly charge under the terms of this contract is now, and shall hereafter be, based upon the division of costs of water used by the User in relation to the total amount used by the User and the Railroad Company, and when applied to monthly costs shall be the User's rental; said cost is - 1 -