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N Union P a c ific , at a l ? December 10 , J f f i term of f if ty (50) year® with & covenant miming with the land to the effect that no water well sh all be d rilled or dog thereon to a depth exceeding one hundred (106} feet. the term *ehop grounds9 as used In th is proposal shall mean those lands bounded on the west by a line parallel In the City of Las Vegas, Nevada, on the east by the west* 4.4- erly line of said Main Street, on the north by Bonansa Road, and on the south by Charleston Boulevard. 2. As consideration for the conveyance to the District of the properties referred to in paragraphs (a} to (e), In* elusive, above, the District shall pay to such of you as a ll of you shall designate Two Million Five Hundred thousand Dol­lars ($2,560,060.06), hereinafter celled."basic purchase pries9, subject to the adjustments hereinafter stated. 3. There sh all be added to the basic purchase price to bo paid by the District the following amounts: (a) All payments made by any of you during tho . j}- period, September 1, 1952, to and i ncluding and 1,600 feet westerly of the westerly line of Main the sale date, under contracts executed by any of you with contractor# for the con* V '' ;v ! Jp. ;v < struction of additions and betterments to the water production f a c ilitie s and tho wa* v ter distribution f a c ilitie s mentioned in paragraph# (a) to (e) inclusive of Section