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upr000262 107

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upr000262-107
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    University of Nevada, Las Vegas. Libraries

    I 1 2 3 4 5 6 7 8 9 10 11 12 1 3 1 4 1 5 16 1 7 1 8 1 9 20 21 22 2 3 2 4 2 5 2 6 the m m of Three Hundred Twenty Thousand Hollar* ($320*000.00). Within the time and In the manner provided In Section f hereof the District shall de­posit in the escrow referred to in Section f said sisa of Three Hundred Twenty Thousand Hollars ($320*000.00) plus s sum equal to ton percent (10£) thereof* the total of both of said sums feeing the aggregate amount of Three Hundred Fifty-two Thousand Hollars ($352*000.00). (Said aggregate amount of Three Hundred Fifty-two Thouesod Hollars ($352*000.00) is herein sometimes referred to ss "Relocation Fund*.) The escrow instructions reforred to in Section f shall provldo for dlafeuraemonts fey the Seorow Agent from said Relocation Fund pursuant to the provisions of this Section 5 * * *. *‘^hen all the work provided for in Section 5 has feoon completed and all contractors employed cither fey the District or the First Parties shall have been paid In full* the District and the First Parties shall so notify the Escrow Agent* end thereupon any portion of the Relocation Fuad remaining in the hands of the Seorow Agent shall fee paid to the District*” Pursuant to the foregoing quoted portion of said Section 3* the District did* on or about the 26th day of June* 1934# de­posit in escrow with First National Bank of Nevada (at its South Third Street Branch* las Vogaa* Nevada) the sum of Thro# Hundred Fifty-two Thousand Dollars ($332*000.00)* therein called "Relocation Rued** together with Escrow Instructions dated June 21* 1934* (Escrow No. 12-1903)* executed fey the parties hereto. All of the work specified in eald Section 3 hae been per­formed, and has been fully paid far. Xt le agreeable te the parties hereto that the eald Relocation Fund* to-wit, the aim of Three Hundred Fifty-two Thousand Dollars ($352*000*00) fee forthwith paid to the District, by acid First National Bank of Nevada* Escrow Agent. NOW, THHR&FGftS* In consideration of the mutual agreements | 2