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V m 5* I t i s fu rth er understood th a t Las Vegas Land and Water Company has ou tstan d in g co n tra cts whereby cu rta in su b d ivid ers or a p p lica n ts (a) have d ep o sited suns o f none? w ith i t as ad­vances fo r th e co n stru ctio n o f w ater m ains, or (b) have a t t h e ir own expense con stru cted and conveyed to Las Vegas Land and Water Com­pany water mains t o serv e p ro p erties b ein g developed by them, su b ject to refund o f th e co st pursuant to the sa id Rules and Regu­la t io n s o f the Las Vegas Land and Water Company. Upon the sa l# date a l l such co n tra cts which are s t i l l w holly or p a r t ia lly unperformed s h a ll be assign ed to the D is­t r i c t , and the D is t r ic t w i l l , as o f said d a te , assume a l l l i a b i l i t i e s , in clu d in g l i a b i l i t y fo r fu rth er refu n ds, under said c o n tr a c ts. In th e even t there are in the pos­s e s s io n o f the Las Vegas Land and Water Company upon th e s a le date sums o f money d ep o sited w ith i t as advances fo r th e co n stru ctio n o f w ater mains which have not been ex­pended fo r th a t purpose, sa id unexpended sums s h a ll be paid to the D is t r ic t t o be used by th e D is t r ic t in accor­dance w ith th e p ro v isio n s o f sa id c o n tr a c ts. Onion Pacific, et al, XO* December 10, 1952