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\ same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt in executing rider, dated August 3, 1950, terminating as of August 9, 1950, agreement "N"L.D. 2267-1, Audit No. 10497, (dated May 18, 1949, expiration indefinite) with C. Van Patten, doing business as Desert Construction Co., covering installation of water mains in Block 1, Tract 5, Boulder Dam Homesite Addition, Las Vegas, Nevada; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt and Secretary in executing agreement "N"L.D. 2401, dated August 4, 1950, between LVL&WCo., called "Company", and Royes J. Petersen, an individual, called "Subdivider", providing: 1 - Subdivider to pay to Company $5,320, estimated cost of approximately 1490 ft. of 6" cast iron water main to serve Block 1, El Centro Addition, Las Vegas, Nevada; 2 - Company to refund to Subdivider 50$ of monthly revenue received by it from customers in said Block 1 taking water from said main, for period of ten years from date of completion of said installation, or until Subdivider has been repaid actual cost of said line; 3 | Company to own said water main; 4 - Subdivider to furnish Company necessary easements where said water main is to be laid in other than dedicated streets and alleys; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was 4