PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • March 12th, 2007 • Pico Holdings Inc /New • Real estate
THIS AGREEMENT (“Agreement”) is made and entered into this 30th day of June, 2006, by and between NEVADA LAND AND RESOURCE COMPANY, a Nevada limited liability company (“NLRC”) and VIDLER WATER COMPANY, INC., a Nevada corporation (“VIDLER”) (collectively “SELLER”), whose address is 3480 GS Richards Blvd., Suite 101, Carson City, Nevada 89703, and SOUTHERN NEVADA WATER AUTHORITY, a Joint Powers Authority established pursuant to NRS Chapter 277 (“BUYER”) whose address is 1001 S. Valley View Blvd, Las Vegas, Nevada 89153. SELLER and BUYER are sometimes hereinafter referred to individually as a “Party” and collectively as the “Parties.” The date that SELLER and BUYER have executed this Agreement is referred to herein as the “Effective Date”.
