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% Corporation, now Atlantic Richfield Company, a Pennsylvania cor­poration, covering license for maintenance and operation of a 6" oil pipeline crossing at Mo P 0 18„46, Old San Pedro Branch, in vicinity of 27th Street and California Avenue, Long Beach, Cali­fornia, be and the same is hereby ratified, approved and confirmedo The following Authority for Expenditure Request, ap­proved by President Bailey, was submitted for ratification: Work Order No0 S-4, issued June 28, 1966; Las Vegas Land and Water Company to deposit $118,000 to cover cost of con­structing 10,500 feet of 12", 14" and 16" water mains to serve approximately 200 acres of industrial property in Handorf Industrial District No. 1, City of Industry, California; construc­tion of water mains to be performed, and owned, by San Gabriel Valley Water Company; deposit to be subject to refund annually at the rate of 22% of the revenue collected from customers over a twenty year period; refund of the unrefunded balance of the actual cost of the water mains to be made when 80% of the customers for which the main extension was designed, are being served® Deposit was assented to by Union Pacific Railroad Company Executive Committee on May 12, 1966: Total estimated expenditure * ® <, o80 eoo $118,000o0Q Difference chargeable to deposits for public utilities service -- subject to refund ».. ... ... ... © © ® © o © $118,000 o 00 -3-