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X 1 - Subdivider, at its expense, to furnish necessary labor and materials to construct 360 ft, of 6 ” cast iron water main to serve a portion of Block 4, Tract 3, Boulder Dam Homesite Addition, Las Vegas, Nevada, at agreed cost of f$ V1,113,25; 2 - Company to refund to Subdivider 50% of monthly revenue received from consumers located upon Lots 13 to 40, inclusive, of said Block 4, Tract 3, taking service from said water main so installed for period of ten years from date of completion of said installation, or until Subdivider has been repaid the agreed upon sum of $1,113.25, whichever occurs first; 3 - Subdivider to furnish Company necessary easements where said pipe lines are to be laid in other than dedicated streets and alleys; 4 - Subdivider to furnish Company bill-of-sale for said water main; 5 - Company to own said water main; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt in executing letter agreement nN nL.D. 2463, dated May 5, 1951, with Nevada Construction Company, covering the construction and laying of approximately 439 ft. of 6” cast iron water pipe to serve a portion of Clos Rancho at West Charleston Blvd, and Desert Lane, Las Vegas, Nevada; consideration $548.75; be, and the same is hereby, ratified, approved and confirmed. Following Authority for Expenditure Requests, approved by the President, were submitted for ratification: A. F. E. No. 6 (W. 0, #670), issued April 10, 1951; Las Vegas, Nev.; construct 1950 ft. of 6n cast iron water main to serve first unit of Columbia Addition. Water main to connect to 6” water main in Houston Drive -5-