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from date of completion of said installation, or until Sub-divider has been repaid actual cost of said line; and WHEREAS, said parties desire to amend the aforesaid agreement * THEREFORE, BE IT RESOLVED, that the action of Vice President Reinhardt and Secretary in executing Supplemental Agreement "N"L.D.2401-1, dated November 3, 1951, between said parties, providing that customers in Lots 1 to 7, inclusive, in said Block 2, and Lots 5 and 6, Block 3, Tract 2, El Centro Addition, be, included under Section 2 of Article II of said agreement; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President and Secretary in executing agreement "N"L.D. 2518, dated November 3, 1951, between LVL&WCo., called "Company'', and Royes J. Petersen, called "Subdivider", providing: 1 - Subdivider, at its expense, to furnish necessary materials, labor and equipment to construct approximately 1350 lin. ft. of 6" cast iron water mains to serve portions of Blocks 2 and 3, Tract 2, El Centro Addition, Las Vegas, Nev., at agreed cost of $4,190, exclusive of the cost of constructing approximately 10 ft. of 6" cast iron fire hydrant connection. 2 - Company to refund to Subdivider at monthly intervals 50^ of monthly revenue received by it from customers on Lots 8 to 15, both inclusive, of Block 2, and Lots 1, 2, 3, 4 and 12 of Block 3 of said Tract #2 taking water from said water mains, for period of ten years from date of completion of said water main, or until Subdivider has been repaid actual cost of said work (exclusive of cost of said fire hydrant connection), but in no event in excess of $4,190, whichever occurs J. XX* S G > -4-