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\ RESOLVED, that the action of Vice President Reinhardt in executing agreement "N"L.D. 2733 (revised), dated October 28, 1953» between LVL&WCo., called "Company”, and Walter S„ Roeder, Eva M. Roeder, Carol D. Heers, Evelyn M, Heers, Charles M. Heers, Bette R. Heers, Harold W. Heers and Virginia R. Heers, co-partners doing business as Heers Associates of Nevada, whose address is Twin Lakes Lodge, Las Vegas, Nevada, called "Subdivider", provid­ing: 1. Subdivider agrees, at its sole cost and expense, to furnish all material and labor to construct approximately 661}.5 LF of 6" cast iron water mains, approximately 3310 LF of 8" cast iron water mains, approximately 1070 LF of 12" east iron water mains, approximately 2730 LF of lij." cast iron water mains, approximately 232 LF of 6" cast Iron fire hydrant connections except that Company will pay to Subdivider the sum of $J4.7l+9.00 which represents the difference in cost between 2730 LF of 12" pipe and 2730 LF of 11)." pipe which is being installed to meet requirements of future developments. The cost of constructing said water mains, exclusive of fire hydrant connections and exclusive of the $L|.7U9°00 indicated above, is agreed to be $62,600.50, 2. Subdivider to furnish the Company easements where pipe lines are to be laid in other than dedicated streets and alleys, together with Bill of Sale, title guarantee and policy of title insurance. 3„ Company to refund to Subdivider, at quarterly Intervals, 35$ of the revenue received by It from consumers located within Heers Subdivision Nevada-1, taking direct service -5-