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property; 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. 2635, dated December 31, 1952, between LVL&WCo., called "Company”, and Kay Howard and William J. TJrga, Co-partners, collectively called "Owner", providing: 1 - Owner at its expense to furnish all necessary materials, labor and equipment to construct approximately 255 lineal feet of 8", 2375 lineal feet of 6” cast iron water main and approximately 40 lineal feet of 6" cast iron fire hydrant connections, to serve Park Manor Tracts Nos. 1 and 2, Las Vegas, Nevada; 2 - Company to refund to Owner at quarterly intervals 35$ of revenue received by it from consumers located within Tracts 1 and 2 taking service from the water mains so installed for period of 10 years from date of completion of said installation, or until Subdivider has been repaid the agreed upon sum of $9,990.00, whichever first occurs; 3 - Company to own said water mains; 4 - Owner to furnish Company bill-of-sale for said water mains so installed; 5 - Owner to furnish Company easements where pipe lines are to be laid in other than dedicated streets and alleys; be, and the same is hereby, ratified, approved and confirmed. Following Authority for Expenditure Requests, approved by the President, were submitted for ratification: W. 0. No. 714, issued Dec. 29, 1952; Yermo, Calif.; retirement of Lot 10, Block 2, of Tract No. 1867, containing an area of 4750 sq. ft., sold to Dan J. Henry and Frances Irene Henry, per Deed Audit No. L. S. 5190. Credit Account Real Estate Sold-Unimproved -3-