upr000092 79

a< •J~A V/j— ’ O rjL ^ \ |agp provided, however, tfefe- in tho overrtrqfraid pipe lines, appurte-nances and pumping station «h=® constructed pursuant to contract entered into between the Union Pacific and a contractor after bids have been obtained therefor, the contract price plus ___ for supervision shall be considered as the cost of said pipe line facilities and pumping station. Section 5i/. The District shall open a trust fund in the Bank of Las Vegas, Nevada, on the first day of the month next succeeding the ef- V ' • | ' -- ; ? / I | . . fective date of this agreement and shall deposit therein month­ly the sum of f ,to be held in trust and to be used for the purposes hereinafter stated. Said monthly sum is based upon an estimated one-twelfth (1/12) of the annual payments of Fifteen Thousand Dollars for a period of twenty (20) years. Section 5. Upon commencement of construction of the said pipe line facilities and pumping station referred to in Section 2 hereof, the said Bank shall pay to the Union Pacific all amounts deposited in V . .. ' said trust fund, and the District shall thereafter pay month-ly to the Union Pacific on or 1 before the tenth day of each month the sum of f together with interest at % per annum on the unpaid balances until the Union Pacific shall have been reimbursed for the cost of said pipe line facilities and pumping station.