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upr000139 119

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upr000139-119
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% Tract No. 1867, Yermo, GalIf„, subject to; 1 - General and special taxes for fiscal year 1952-1953, 2 & An unrecorded easement across rear of said Lot 17 granted to Southern Sierras Power Company by grantor under date of April 1, 1928; 5 - Conditions, restrictions, reservations, easements and encumbrances of record; excepting and reserving unto LVL&WCo„ all minerals and all mineral rights, including oil and gas and rights thereto, with­out right of entry; consideration $10o00 and other good and valuable consideration; be, and the same is hereby, ratified, approved and confirmed0 On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt and Secretary in executing agreement ’*N"LoD0 2637, dated December 22, 1952, between LVL&WCOo, called "Company”, and Nevas Corpora­tion, called ’'Owner1*, providing; 1 - Owner, at its expense, to furnish all necessary materials, labor and equipment to construct approximately 2070 lineal feet of 8" and 2300 lineal feet of 6” cast iron water mains, and approximately 80.lineal feet of 6’* cast iron fire hydrant connections, to serve Sunnyside Addition, Tract 1, Las Vegas, Nevada; 2 - Company to refund to Owner at quarterly intervals 35$ of the revenue received by it from consumers located within Sunnyside Addition, Tract 1, taking service from the water mains so installed, for period of ten years from date of completion of said instal­lation, or until Owner has been repaid the agreed upon sum of $516,525 „ 50, whichever first occurs; 3 =? Owner to furnish Company easements, satisfactory in form, where pipe lines are to be laid in other than dedicated streets and alleys; "8-