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ceeded to the interests of Pan American Petroleum Company)cov­ering lease of said property for the purpose of prospecting and drilling for oil* gas, etc0, be and the same is hereby ratified, approved and confirmed0 On motion duly seconded, it was RESOLVED, that the action of Vice President Payne in executing rider Co L 0 D 0 Noe 11007-3, dated July 1, 1966 extending to and including August 1, 1971 Contract Audit No„ 10632, dated April 15, 1952, expiring by latest extension August 1, 1966 between Las Vegas Land and Water Company and Lomita Gasoline Company, granting license for the maintenance and operation of one 8" gas pipeline, one 6n gas pipeline, one 10" gas pipeline and one 8" gasoline pipeline, under and across property of the Land Company in vicinity of 27th Street and California Avenue, Long Beach, California; rental $25o00 payable annually in advance during the term thereof; subject to revocation by the Land Com­pany upon sixty days written notice; be and the same is hereby ratified, approved and confirmed0 On motion duly seconded, it was RESOLVED, that the action of President Bailey in signing Letter of Agreement dated June 16, 1966 with National Engineering Company, bearing our Co Lc D 0 No0 15503, accepting its proposal to design, process plans, and stake for construction a proposed sani­tary sewer in City of Industry, California, for consideration of ”3