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V On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt and Secretary in executing agreement "NnLD 2392, dated June 15, 1950, between LVL&WCo., called "Company”, and W. J. Moore, Jr., called "Subdivider", providing: 1 - Subdivider, at his expense, to furnish all necessary materials and labor and to con­struct approximately 1660 ft. of 6" cast iron water mains to serve Blocks 1, 2 and 3 of Desert Park Addition, Las Vegas, Nevada, at estimated cost of $5,160; 2 - Subdivider to furnish Company detailed statement showing cost of constructing said water mains; 3 - Subdivider to furnish Company easements where said pipe lines are to be laid in other than dedicated streets and alleys; 4 - Subdivider to furnish bill-of-sale convey­ing to Company all right, title and interest in said pipe lines free and clear of all liens; 5 - Company to refund to Subdivider 50$ of monthly revenue received by it from consumers in Blocks 1, 2 and 3 of Desert Park Addition taking water from said water mains for period of ten years from date of completion of said installation, or until Subdivider has been repaid the actual cost of said mains, whichever occurs first, but in no event in excess of the sum of $5,160.; be, and the same is hereby, ratified, approved and confirmed. There being no further business to be transacted, on motion duly seconded, the meeting adjourned. Attest; (Signed) Wm. Reinhardt (Signed) W. H. Johnson_______ Chairman Secretary I, W. Ho Johnson, Secretary of Las Vegas Land and Water Company, do hereby certify that the foregoing is a full, true and correct copy of minutes of meeting of Board of Directors of said Company, held July 18, 1950. Secretary, Las Vegas~TJan3T~anS Water Co7~ “ -4-