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V Well 12 - For furnishing all labor and material for installation of transformer station, consisting of transformer platform, 3 - 50 KVA transformers and appurtenances, power line to well site, and connection to pump panel, $2,932.66 Well 15 - For furnishing all labor and material for installation of transformer station, consisting of transformer platform, 3 - 50 KVA transformers and appurtenances, power line to well site, and connection to pump Pan©l» 3,115.43; said work to be commenced within ten calendar days from date of receipt by the Contractor of notice of award of contract, and to be completed within 25 calendar days thereafter; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt and Secretary in executing Agreement MNML.D. 2791, dated June 14, 1954, between LVL&WCo., called MCompanyM, and Presbyterian Church of Las Vegas, Inc., called MSubdividerw, providing; 1 - Subdivider at its sole cost and expense to furnish all necessary materials and labor and to construct; a. Approximately 505 LF of 6” cast iron water mains; b. Approximately 562 LF of 4M cast iron water mains; c. Approximately 10 LF of 6” fire hydrant connections; to serve a portion of Ellis Estates Subdivision, Las Vegas, Nevada; 2 - Company to refund to Subdivider at quarterly intervals 35$ of the revenue received by it from sale of water to consumers taking direct service from water mains so installed for period of ten years following date of completion of said installation, or until Subdivider has been repaid the agreed-upon sum of $2,842.00, whichever first occurs; -2-