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to serve Paradise Grove Subdivision, Las Vegas, Nevada; 2 - Company to refund to Subdivider at quarterly intervals 35$ of the revenue received by it from consumers located within Paradise Grove Subdivision taking direct service from water mains so installed for a period of ten years from date of completion of said installation, or until Subdivider has been repaid the agreed-upon sum of $4,202.00, whichever first occurs; 3 - Company to own said water mains; 4 - Subdivider to furnish Company easements where said pipe lines are to be laid in other than dedicated streets and alleys, together with Bill-of-Sale, Title Guarantee and Policy of Title Insurance; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt in executing rider CLD No. 2539-5, dated April 12, 1954, extending to and including April 23, 1959, term of Agreement Audit NOo 9987 (dated June 2, 1939, expiring by latest extension April 23, 1954) between LVL&WCo. and Richfield Oil Corporation, Licensee, assigned April 23, 1954, to The Texas Company, said agreement granting license covering construction, maintenance and operation of 2iw dry gas pipe line by Licensee upon premises of this Company, between Cherry and Walnut Avenues, Long Beach, Calif»; rental during extended term, $79.58 per annum, payable annually in advance; said license being revocable by Land Company at any time by giving Licensee 60 days' written notice; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, It was V -3-