upr000062 5

1 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 a? and ahull ha toi to exclude my of the above properties which ma retired subsequent to January 1, 1950 • BmtXm 4* 1% la agreed %Tm% fils# ssarieet veXae of the lands and fi§Ht# of way mmtlmmi, in subparagraph |m| of auction 3 «• of January l, 195©* is 175*900.00. It is agreed %'m% tha origins! soot of ail of tlis structures tad facilities referred to la mkpttsa&mtfh (%) of Section 5 hereof as of January 1,1950*1* #779*154*00 end that tlia accrued depreciation thereon m of said data la #100,511*00* It ta further agreed that the anount of wording each and the east ©f aaateri&l and supplies as of January 1, 1950, ara #1*000.00 and #3,^50.00, reejMsctively, All of the above aaounto leas depreciation accrued to January 1, 1950, total 1751»#43* and for the purpose of this agreement suoh total la hereinafter referred to as' the "agreed value* of the water proto©tl©a facilities as of January 1* 195©. Beotian Si f&t ©ost to See out Party of producing, taraas* porting and delivering eater from the water-bearing lands into the distribution systems of' .second Party and Water Company shall he demand to include: (a) the actual coat to Second party of later and mtcriala need in and direatly assigned to each worfc. I'M A reasonable charge representing the actual east to Second Burly of all labor need In each worfc not directly as­signed thereto in payroll distribution. ftf A reasonable charge representing the aetu&l coat to Second 'Party for supervision of such directly cut indirectly assigned la** fi) 4 reasonable charge representing the actual ©oat to Second Party of vacation allowance with respect to all labor < * 5 —