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\ ”Abandonment, Release and Reconveyance of Easement”, dated December 14, 1953, abandoning, releasing and reconveying said easement dated December 6, 1946, subject to deed of trust dated December 6, 1946, executed by Charles Latimer and Winifred S. Latimer, as recorded in Book 1996, Page 351 of Official Records, San Bernardino County; 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 ttNwL.D. 2770, dated February 8, 1954, between LVL&WCo., called ”Companytt, and Ben Weingart, an individual, called nSubdividerw, providing; 1 - Subdivider, at his expense, to furnish all necessary materials and labor and construct; (a) Approximately 3,912 LF of 8” cast iron water mains; (b) Approximately 5,610 LF of 6W cast iron water mains; (c) Approximately 156 LF of 6” cast iron fire hydrant connections; to serve Charleston Park Tract 1, Las Vegas, Nevada. 2 - Company to refund to Subdivider at quarterly intervals 35$ of revenue received by it from consumers located within said Subdivision and taking direct service from water mains so installed, including 35$ of revenue received from customers immediately adjacent to Oakey Blvd., between Eastern Avenue and Southern Nevada Power Company right-of-way taking direct service from 8” water main to be installed by Subdivider in Oakey Blvd. pursuant to said Agreement, said payment of refunds to be made for period of ten years following date of completion of said installation, or until Sub­divider has been repaid agreed-upon sum of $33,878.00, whichever first occurs; -2-