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upr000121 103

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upr000121-103
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    This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.

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    University of Nevada, Las Vegas. Libraries

    On motion duly made and seconded, i t was RESOLVED, that the officers and Board of Directors of Las Vegas Land and Water Company hereby express their appreci­ation to J . W. Padden for his faithful and efficien t services as Director and Member of the Executive Committee over many years and hereby wish Mrs. Padden and him a long and happy retirement. On motion duly seconded, i t was RESOLVED, that the action of President Stoddard in executing Agreement C.L.D. No. l464l, C.D. No. 4459^-1> dated November 26, 1963, between Las Vegas Land and Water Company, called "Applicant", and Vallecito Water Company, called "Utility", providing: 1. U tility , at its expense, to furnish necessary materials and labor and construct water main extension to serve Lots 1 and 2 of Block 21 of Tract 134-3, City of Industry, California; 2. Applicant to advance U tility $2,100.00, estimat­ed cost of installing water main extension, prior to commencement of construction. If actual cost to U tility of said water main extension varies from amount advanced, Applicant shall pay to U tility upon demand the excess of such cost over amount advanced, or, U tility shall refund to Applicant upon its demand the excess of such amount over such cost; 3 . U tility to own said water main extension; 4. U tility to refund to Applicant each year after commencement of rendition of service, 22$ of estimated annual revenue of prior calendar year received by i t from consumers taking direct ser­vice from water mains installed, for period of 20 years from date of completion of said in sta ll­ation, but the total of refunds made by U tility shall not exceed amount of advance and payment made by Applicant; be, and the same is hereby, ra tifie d , approved and confirmed. On motion duly seconded, i t was -2-