Information
Details
More Info
Transcription
2# At Subdivider* s sole cost and expense to survey and accurately stake upon the ground the line in Charleston Boulevard, Chapman Drive, Thelma Lane and Sixteenth Street along which said water main is to be laid, and to indicate street grades by appropriate stakes. ment of the sum of $6509*00, specified in paragraph 1 of Article I hereof, to order the necessary pipe, fittings and other materials necessary for the making of such extension, and upon the arrival of the pipe and materials aforesaid at Las Vegas, to proceed with the installation of said water main along the line so staked upon the ground by the Subdivider, and to complete the said installation with reasonable diligence. 2, To pay to the Subdivider at monthly intervals, fifty percent (50$) of the monthly revenue received by it from customers taking water from the water main so installed hereunder for use in Blocks 1, 2, 3, 4, 5, and 6, of Charleston Square Tract 1, as per map thereof on file and of record in Book 2 of Plats, page 66, Clark County, Nevada, Hecords, for a period of ten (10) years from thq date of the completion of said installation,-.or, until the Subdivider has" been repaid the actual cost of the line so advanced by it, whichever occurs first. 1. That the water mains so installed shall be and remain the property of the Company. water mains exceed the estimated cost of $6509.00, then and in that event the Subdivider will pay the excess to the Company, upon demand, and if said actual cost be less than $6509+00, then the Company will pay to the Subdivider the difference between said estimated cost so advanced and the actual cost. and supplies delivered to the job and the cost of all labor employed in connection with the installation of said water main. ARTICLE II. The Company agrees: 1. Upon the execution of this agreement and the pay- ARTICLE III It is mutually agreed: 2. Should the actual cost of the installation of said By actual cost is meant the cost of all material 3. This agreement shall inure to the benefit of and 2 a
