upr000143 38

\ 5 - Company to own said pipe line; "be, and the same is hereby, ratified, approved and confirmed* Following Authority for Expenditure Requests, approved by the President, were submitted for ratification: W. 0. #551, issued July 9, 1946; Yermo, Calif.; retirement of Lots 5 and 6, Block 2, Tract 2348, sold to John E. and Ethel Loeffler, as per Deed Audit No. 4816. Ledger value of Property Retired and Not to be Replaced, Creditable to Real Estate Sold, $3; Sale price of land, $>700; Creditable to Profit on Sales of Real Estate, $697; Estimated cost of removal of property retired chargeable to Profit on Sales of Real Estate, ||. A.F.E. No. 8 (W.O. #552), issued July 9, 1946; Las Vegas, Nev.; construct 1500 lin. ft. of 6" water line in Woodland Park Subdivision, to serve residential district. Total estimated expenditure $3,640, chargeable to Invest­ment in Water System, Las Vegas. A.F.E. No. 9 (W.O. #553), issued July 9, 1946; Las Vegas, Nev.; construct 950 lin. ft. of 6" water main to serve Block 1, Tract 4 of Boulder Dam Home-sites Addition, to serve residential district. Total estimated expenditure, $2,390, chargeable to Invest­ment in Y/ater System, Las Vegas. Whereupon, on motion duly seconded, it was RESOLVED, that the action of President in approving the aforementioned A. F. E. Requests, be, and the same is hereby, ratified, approved and confirmed. There being no further business to be transacted, on motion duly seconded, the meeting adjourned, (Signed) Frank Strong_______ Attest: Chairman (Signed) Yif. H. Johnson______ _ Secretary I, W. H. Johnson, do hereby certify, that the foregoing is a full, true and correct copy of minutes of adjourned regular monthly meeting of the Board of Directors of said Company, held August 20, 1946. —8** Secretary, La's Vegas Land and Water Co.