upr000161 147

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-