upr000068 52

j5ji i 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 / mnt* Regardless of snot* conveyances sii transfer# between the fiwt farbiec or 1jfyg$p affiliated eorporatlona, first Parties shall not a* relieved of their obligations Premier to convey «r mum to to mmrnyM such properties to the Dtotrtat at the tiwo «M eubiect to the conditions herein referred to. Vho obligation of th# First fapbiea to convey, or to caws# to he conveyed, said prop* ortioa to the XJiatriot at the times sai subject ft# the conditions herein provided shall he mh$mt to the ability of first turtles* or their said successor or ouoeoooor* in ownership* to obtain such approval of applicable governmental authorities, including the Ht«- taf* fuhlie Service Coaralaaion, a. may he retired. When the «a» #sw* referred to in Section f hereof shall have been opened, or at ouch earlier tlm m the parties hereto actually agree, First Par* ties, or such of them m may fee oonoasnad therewith, shall file with the 'Public Service CoaHloslen of the State of levari appllcatl» re-> guesting authority of the said Moiatioa to transfer watt of said properties? as are then maintained and operated m a public utility for the furnishing of water to the inhabitant* of the city of Las y®&tw to the District in accordance with the provisions of this a* .and shall thereafter diligently prosecute mM application for the purpose of securing much authority, unless the parties here­to shall agree that such authority is not retired, gccticn ,.!*> It la understood that in crier to finance the purchase of the properties referred to in Sections 1# 5 m» f hereof it will fee necessary for the district to 'he authorised to issue hrnm pursuant to the statute wider which the District me created, jig