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& \ LAS VEGAS LAND AND WATER COMPANY RESOLUTION F M C Corporation CLD 15727 2-1587 The following Authority for Expenditure Request, approved by the President, was submitted for ratification: Work Order No* 46 issued December 26, 1967; retirement of a parcel of land, being portion of Lot 9 of Tract No* 3193 in Handorf Industrial District No. 2, containing an area of 4*683 acres* This property was sold to F* M* C» Corporation by Las Vegas Land and Water Company, deed Audit No. LS 6136, dated June 15, 1967; sale assented to by the Union Pacific Railroad Company Executive Committee on June 20, 1967. Credit Account 202, Land and Public improvements, City of Industry, Los Angeles County, California for ledger value of property sold $70,252*00 Chargeable as sale price $38,063*00 Creditable to profits on sales of real estate 17,811*00 Estimated cost of removal of property retired chargeable to profit on sales of real estate 507*00 Whereupon, on motion duly seconded, it was RESOLVED, that the action of President E* H* Bailey in approving the aforementioned A* F* E* request, be and the same is hereby ratified, approved and confirmed* Adopted
