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to r e o f f i f t y (50) years w ith a covenant r u n n in g w ith th* land to th e e f f e c t th a t no water w e ll s h a ll be d r ille d or dog thereon to a depth exceeding one hundred (100) fe e t# The ter® "shop grounds'* as used in t h i s proposal s h a ll mean th ose lan d s bounded on th e w est by a lin e p a r a lle l to and 1,600 f e e t w e ste r ly o f th e w e ste r ly lin e o f Main S tr eet in the C ity o f la s Vegas, Nevada, on th e e a s t by th s w est­e r ly lin e o f sa id Main S tr e e t, on th s north by Bonanza lo a d , and ©n the south by C harleston Boulevard# 2# i s co n sid era tio n fo r th e conveyance t o the D is t r ic t o f th e p ro p erties referred to in paragraphs (a) to ( e ) , in ­c lu s iv e , above, th e D is t r ic t s h a ll pay t o such o f you as a l l o f you s h a ll d esig n a te Two M illio n Five Hundred Thousand Sol la r s ( |2 ,5 0 0 ,0 0 0 .0 0 ) , h e r e in a fte r c a lle d "basic purchase p r ic e " , su b ject to th e adjustm ents h e r e in a fte r stated # 3 . There s h a ll be added to th e b a sic purchase p rice t o be paid by th e D is t r ic t th e fo llo w in g amounts; (a) A ll payments made by any o f you during the p erio d , September 1 , 1952, to and in clu d in g the s a le d a te , under co n tra cts executed by any o f you w ith co n tra cto rs fo r th e con­str u c tio n o f a d d itio n s and betterm ents to the water production f a c i l i t i e s and th e wa­t e r d is tr ib u tio n f a c i l i t i e s mentioned in paragraph# (a) to { • ) in c lu s iv e o f S ection Union Pacific, et *1. 7* Docomber 10, 1952