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located within Pahor Tract Subdivision taking water from the water main so installed, for period of ten years from date of completion of said installation, or until Subdivider has been repaid actual cost of said line (ex­clusive of cost of constructing said fire hydrant connections), whichever occurs first; 3 - Company to own said water mains; 4 - Subdivider to furnish Company necessary easements where said pipe lines are to be laid in other than dedicated streets and alleys; 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 letter agreement, dated March 17, 1952, C.L.D. Wo. 11022, with Griffith Company, covering improvement of parking area, owned by this Company, at 1630 South Soto Street, Los Angeles, C a l i f c o n s i d e r a t i o n $700.00; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt and Secretary in executing agreement "N"L.D. 2561, dated March 19, 1952, between LVL&WCo., called "Company”, and Lee Construc­tion Co., Inc., called "Subdivider”, providing; 1 - Subdivider, at its expense, to furnish neces­sary materials, labor and equipment to con­struct approximately 250 feet of 8" cast iron water mains and 525 feet of 6l? cast iron water mains, to serve Blocks 4 and.. 5 of Ridge-view Tract #4, Las Vegas, Nevada, at agreed cost of $2650o00; 2 - Company to refund to Subdivider 35$ of monthly revenue received by it from consumers located within Blocks 4 and 5 of said Ridgeview Tract #4 taking service from said water mains so in­stalled for period of ten years from date of completion of said installation, or until Sub­divider has been repaid the agreed upon sum of