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conjunction with the City's system and would result in no undue interference with operating conditions or interruptions of service thereon.

INTERCHANGE OF ENERGY

14. The City agrees that it will, upon the request of the Municipalities of Burbank and Glendale, deliver to either of said Municipalities at Receiving Station "E", for and on account of the Municipality entitled thereto, any unused portion of the electric energy contracted for by either Municipality with the United States, less losses in main and local transmission and transformations, or an equivalent amount; provided, that the City shall not be required at any time to deliver to the said Municipalities more energy than the combined total which the Municipalities may be entitled to receive at Receiving Station "E's" 34,500 volt bus, nor to exceed the combined total transmission line capacity contracted for by the said Municipalities with the City under their contracts dated September 24, 1931, as modified by Supplemental Contracts.

RIGHTS OVER STREETS

15. The City agrees that it will grant to the Municipality the right to construct, operate and maintain, in accordance with the provisions of the contract dated September 24, 1931, and this Supplemental Contract, such transmission lines on, across, along, and over such streets, alleys, and highways within the City of Los Angeles as may be reasonably necessary for transmission of electric energy from Receiving Station "E" to the Municipality in such manner as to interfere as little as reasonably possible with other existing uses of such streets. The City further agrees to execute and deliver such easements and rights of way as may be necessary over real property owned by the City, if there be any, required for the construction, operation, and maintenance of said lines.

EXECUTION OF CONTRACT

16. It is understood and agreed by and between the parties hereto that the adoption of a resolution by the City Council of the City of Los Angeles ratifying and confirming the execution of this contract by the President or VicePresident of the Board of Water and Power Commissioners of the City of Los Angeles, attested by the Secretary of said Board, shall be deemed a due and complete execution hereof on behalf of the City.

DURATION OF CONTRACT

17. It is agreed that this Supplemental Contract shall continue in effect so long as the said contract dated September 24, 1931, to which it is supplemental, shall continue in effect, and that except as expressly modified and supplemented

hereby, said contract dated September 24, 1931, shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Contract to be executed the day and year first above written.

THE CITY OF LOS ANGELES, acting by and through its Board of Water and Poower Commissioner.

By WATT L. MORELAND, Vice President.

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BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE: That that certain Supplemental Contract now in the hands of the City Clerk, as submitted by the Department of Water and Power of the City of Los Angeles, under date of September 11, 1936, and which said contract is dated September 17, 1936, wherein the City of Los Angeles, a municipal corporation, and Department of Water and Power of the City of Los Angeles, acting for this purpose by its Board of Water and Power Commissioners, and the City of Glendale agree to modify the terms of a contract entered into between said parties under date of September 24, 1931, for the generation, transmission and delivery of electric energy contracted for by the municipality by contract with the United States Government, be and the same is hereby approved and accepted and the Mayor is authorized to execute the same in duplicate on behalf of the City of

Glendale, and the City Clerk is directed to attest the same and affix the seal of the City of Glendale thereto.

I, G. E. CHAPMAN, City Clerk of the City of Glendale, do hereby certify that the foregoing is a true and correct copy of resolution adopted by the Council of the City of Glendale, California, on the 17th day of September, 1936.

(S) G. E. CHAPMAN, City Clerk.

[ITEM 53]

BOULDER CANYON PROJECT

ASSIGNMENT AND AGREEMENT

THE SOUTHERN SIERRAS POWER COMPANY, Assignor

AND

THE NEVADA-CALIFORNIA ELECTRIC CORPORATION, Assignee

NOVEMBER 30, 1936

(11r-674)

This ASSIGNMENT AND AGREEMENT made this 30th day of November, 1936, by and between THE SOUTHERN SIERRAS POWER COMPANY, a corporation organized and existing under and by virtue of the laws of the State of Wyoming, First Party, Assignor, and THE NEVADA-CALIFORNIA ELECTRIC CORPORATION, a corporation organized and existing under and by virtue of the laws of the State of Delaware, Second Party, Assignee,

WITNESSETH:

WHEREAS, the Assignee is the owner and holder of all of the outstanding capital stock and bonds of the Assignor, (there being no other securities or evidences of interest, ownership or indebtedness of the Assignor outstanding) and the Assignor intends to effectuate complete liquidation and dissolution, with the effect that all of its property, rights and assets will become vested in the Assignee and, as a part of the proceedings of such dissolution, desires to assign, grant, transfer and convey to the Assignee, all of the Assignor's property, rights and assets, and the Assignee intends to assume and perform all of the Assignor's liabilities and obligations;

Now, THEREFORE, the Assignor, for and in consideration of the Assignee's surrender for cancellation, retirement, redemption and extinguishment of

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