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HomeMy WebLinkAbout2007-174sAour doe uments\ordinances\07\range resources lawsuit ord.doc ORDINANCE NO. aO0 7 / % y AN ORDINANCE AUTHORIZING THE CITY'S ATTORNEYS TO INITIATE LITIGATION AGAINST RANGE RESOURCES, IT'S SUCCESSORS AND ASSIGNS; AUTHORIZING THE CITY ATTORNEY TO SEEK THE ASSISTANCE OF OUTSIDE COUNSEL; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City has undertaken extensive negotiations with Range Resources to recover outstanding gas royalty obligations owed to the City; and WHEREAS, the City Council deems it in the public interest to pursue any and all legal action, including litigation against Range Resources; and WHEREAS, the City has previously retained Morning & Wynne, L.L.P. for the purpose of providing counsel services; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The City's attorneys (including Morning & Wynne, L.L.P.) are hereby authorized to initiate litigation against Range Resources; to collect any unpaid royalties owing the City of Denton, and to take all other action necessary to favorably resolve all outstanding royalty issues with Range Resources. SECTION 2. The City Attorney is authorized to retain the services of Morning & Wynne, L.L.P. to assist in this litigation. SECTION 3. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this thc0 day o a2007. VWi iAY PERRY . MCNEILL, MAYOR ATTEST: JENNMI NIIFER WALTERS, CITY SECRETARY BY: I�A , I Al �.(n,r , � APPROVED AS TO LEGAL FORM: EDWIN M. SNYDER, CITY ATTORNEY L•ri� �' -