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• ,.I' ~r'I.Y'h t <br />I:, ,,gin; 11. 300 <br />This contract and the sale herein provided for are expressly <br />'contingent upon Buyer receiving approval of Well Site No. 3 from the Division <br />of:Health Services of the Department of Human Resources, prior to the date <br />of:closing, and in the event such Well is not approved by said authorities, then <br />thc Buyer, at its option, may declare this contract terminated and rescinded <br />'.and of no further force and effect. <br />fi Seller will receive all charges for water delivered prior to the <br />Ada to of closing and to this end the charges during the billing cycle shall be pro- <br />rated and the Buyer shall reimburse Seller for its prorata share of the charges <br />;made on the first billing cycle after closing. It is understood between the <br />parties that the normal billing cycle at the present time is on a monthly basis <br />-.I} <br />,,with the meters read on the 20th or 21st of the month. <br />9.~ Buyer values the Trails End water system at $75, 000. 00, and <br />in' the event said system is conveyed to it, will acknowledge receipt of a gift <br />lof that value. <br />1'0. Well Site N3 will be conveyed with an exception for any area <br />.::presently covered by a structure. This in no way changes the provisions of <br />Paragraph 7 above. <br />51 <br />II l~ :l <br />t i <br />l It <br />PAGE TWO OF EXHIBIT "A" <br />II <br />I P nkZ <br />