§ 50.34 CONTRACT.
   Upon a deposit of the moneys by the applicant as hereinbefore required, a contract shall be entered into between the applicant and the village, as follows.
 
UTILITY EXTENSION CONTRACT
AGREEMENT made and entered into this                             day of                             , by and between the Utility System of the Village of Kansas, Illinois hereinafter called the Utility Department and _____________________, hereinafter called the Depositor.
   FIRST:   That the Utility Department contracts and agrees to have installed by contract in accordance with its rules, utility mains as shown on the plat thereof, and the specifications are attached hereto and made a part hereof.
   SECOND:   Bids having been taken and the lowest responsible bid having been in the amount of $ ___________, the Depositor agrees to deposit and does deposit herewith the cost thereof.
            (A) The lowest responsible bid:     __________________
            (B) Engineering and Inspection charge:    __________________
            (C) Total:     __________________
   THIRD:      Final costs to be adjusted up or down according to completed job cost.
   FOURTH:   The ownership of the utility mains laid herein shall be at all times in the Utility Department, its successors and assigns.
   FIFTH:      This Agreement shall be valid and binding on the Utility Department only when signed by the President and Village Clerk of the Village of Kansas.
   SIXTH:      This Agreement shall be binding upon the heirs, executors, administrators, successors or assigns of the respective parties.
EXECUTED in duplicate by the parties hereto on the date first above written.
                                       UTILITY DEPARTMENT
ATTEST:                        VILLAGE OF KANSAS
_______________________________      By _______________________________
Village Clerk                           President
_______________________________                _______________________________
Witness                                     Depositor
                                                      
Witness
 
(Prior Code, § 38.6.5)