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\ On motion duly seconded, it was RESOLVED, that the action of President Bailey and Assistant Secretary How in executing C.L.D. 15727-1, deed dated June 15, 1967, grant to FMC Corporation a certain parcel of land described therein in City of Industry, California, containing 4*683 acres more or less, excepting and reserving all minerals and mineral rights of every kind and character now known to exist or hereafter discovered, including without limiting the generality of the foregoing, oil and gas and rights thereto, together with the sole, exclusive and perpetual right to explore for, removed and dispose of said minerals by any means or methods suitable to the Grantor, its successors and assigns, but without entering upon or using the surface of the lands hereby conveyed, and in such man­ner as not to damage the surface of said lands or to interfere with the use thereof by the Grantee, its successors or assigns, and further excepting and reserving all oil and mineral rights as ex­cepted and reserved in deed executed by Stanley Keane, Trustee, and recorded on September 14, 1962 in Book D-1756, page 300, Official Records, Los Angeles County, California; deed reserving unto Grantor an easement for roadway purposes described therein, further reserv­ing the right to dedicate said easement to the City; said deed shall LAS VEGAS LAND AND WATER COMPANY RESOLUTION