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\ 1 - Subdivider to pay to Company $1,510, estimated cost of approximately 400 ft. of 6" cast iron water main to serve Block 7, Charleston Square Tract #2, Las Vegas, Nevada; 2 - Company to refund to Subdivider 50$ of monthly revenue received by it from customers in Lots 1 to 7, inclusive, of Block 7 and the portion of Block 1 fronting on 17th Street in said Tract taking water from said water main for period of ten years from date of completion of said installation, or until Subdivider has been repaid actual cost of said line; 5 - Company to own said water main; 4 - Subdivider to furnish necessary easements where said water main is to be laid in other than dedicated streets and alleys; be, and the same is hereby, ratified, approved and confirmed. Following Authority for Expenditure Request, approved by the President, was submitted for ratification: W. 0. #623, issued June 10, 1949; Yermo, Calif.; retirement of Lots 18 and 19, Block 5, Tract No. 1867, sold to Warren A. Ferguson and Irma B. Ferguson as per L. S. Deed Audit No. 5026. Credit Unimproved Real Estate-California, $3; Sale price of land, $300; Credit­able to Profit on Sales of Real Estate, $297; Estimated cost of removal of property retired chargeable to Profit on Sales of Real Estate, $1. Whereupon, on motion duly seconded, it was RESOLVED, that the action of President in approving the aforementioned A. F. E. Request, be, and the same is hereby, ratified, approved and confirmed. There being no further business to be transacted, on -3-