HomeMy WebLinkAboutRES NO 8-44_:~.bOLUYIOi,I NO. 8-4'4
'~,]3RE,-~b~ there has been presented and there ms now before
· lqz~-~-~ bet'~veen the
this Couxcil~ a f'or~ of lease dated June 1~- ,..
City of bakersfield a's lessor ant! Independent ].]xploratiOn Company
as lessee~ covering the .,-~ of booties ~ 9jounship 30 ~ou'bh~ i~ange
is for a tern of three years fron and after itb date and so long
therePorter as the lessee conducts drilling Or producinC opera.tions~
said ~erm" in no eveut to exceed thirty-fiVe years; and
' ~' said lease preyiCes that the City 's use of said
lane 2o~ sevze~ fas.'z:'~ '-3ur:;ases sl'~'!! 'be pa.~amount to Jche lessee 's
use o2' said land. c..~:C this Council. ~inds that the .operatiOns
the lessee u/%dez sc~id lease Tyill .not inter2ere :Titi~ the .oDeration
of said .t~1~C i'o~ seuer. :,?azI:~ pt!rposeS~. and
.,L.SLtL~b~ pursuant to a resolution passed by this Co~cil.
at its reS~ar neetinS of 1.ay 2~ I 9z:-~-~ there :;as e::ecuted and
delivere~ to ~ndependent Lz:plo~ati0n ComDanY an zoil and f~as lease
dated ~.iaV 2~ i~,~z~- CenisinC: the aforesaid lan~s~ but vrhich said'
lease .~T&S not limited to a te~n o2 thirty-five :}ears as is ~3rovi6. eG
by ~ aTZ ~ '~.nd
to the City Cotu~cil~ an instrs.nent terminating a,nd surrendering
. of
to the City of D.:tl~ersfield all the ?i?jht~ title and interest
indeDenCent '~xpioration CoreDanY 'i~de~ saiC lease
........... . ...... ~[O'TT~'~:iZj.jjLTC,U'.:_T~ S.~] ~"2E~OL~D~ "tha%"'SsU~d~ease Of June
lcztzt is'hereby a~y~roveC ~:r_d the 2~ayor and Ci~y Clerlc are author-
ized and directed to execute saidtease in duplicate on behalf
of Said City.
passed and adopt,sd ]U the bo~ncil of the City of balnersfie!d~
at a reg'~ar.neetin~ thereof' held on the 2.5th day of .~ugust~
by the fo!lowinZ vote:
AYES: CARNAKIS, MARMADUHE, NORRIS, SIEMON, SMITH, VANDERLEi,,VERCAMMEN
Clerk
Council of the City of l.~]akersfie!do