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Digital ID
upr000120-471
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I agree.V property retired, to profit on sale ocfh arregaelable estate $4,718.00 Whereupon, on motion duly seconded, it was RESOLVED, that the action of the President in approving the aforementioned A.F.E. Request be, and the same is hereby ratified, approved and confirmed. The following Authority for Expenditure Request, approved by the President, was submitted for ratification: W. 0. No. 15, issued February 9 , 1 9 6 5 , purchasing 1 1 . 5 1 acres of land etoxgiestthiengr wwairtehh o3uls6e, 4lo6f tsqi.l t-ftu.p concrete construction rebuild roof of warehouse atprapcrkoaxgiemately 3»010 ft. of $ 890, 000.00 1 ,000,000.00 5 0 ,000.00 10. 000.00 ,9 5 0 ,000.00 from Malmo, Inc., at Vernon, California. Acquired property, together with improvements located thereon, to be leased to Sears, Roebuck and Co. Acquisition assented to by Union Pacific Railroad Executive Committee on February 9 , 1 9 6 5 . Total estimated expenditure $1,950,000.00 chargeable to investment. Whereupon, on motion duly seconded, it was RESOLVED, that the action of the President in approving the aforementioned A.F.E. Request as 1 9 6 5 Budget Item No. 1 in amount of $1 ,9 5 0 ,000.0 0 , be, and the same is hereby, ratified, approved and confirmed. -7-