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•— ?? 1 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 sum of TWO THOUSAND EIGHTY-THREE DOLLARS ($2,083.00) specified in Paragraph 1 of Article I hereof, and the furnishing of such necessary easements, and the furnishing of the policies of title insurance aforesaid, to order the necessary pipe, fittings and other material and upon the arrival of pipe and material aforesaid at Las Vegas, to proceed with the installation of said water main along the lines so staked upon the ground hy the Subdivider, and to complete the said installation with reasonable diligence. Said water main shall consist of 6* cast iron pipe. Construction of said water main shall not be commenced until the provisions of this subdivision 1 have been complied with. 2, To pay to the Subdivider, at quarterly intervals, thirty-five percent (35$) of the revenue received by it from consumers located within Blocks 1 and 2 of Plunkett Tract - Industrial Subdivision, and taking direct service from water main constructed hereunder for a period of ten (10) years from date of completion of said installation or until Subdivider has been repaid the actual cost advanced by him (exclusive of the cost of constructing said fire hydrant connections) whichever first occurs. It is mutually agreed: 1. That the water main so installed shall be and remain the property of the Company. 2. Should the actual cost of the installation of said water main exceed the estimated cost of $2,083.00, then and in that event, the Subdivider will pay the excess to the Company, upon 3 / P - / 7 9
