HomeMy WebLinkAbout2003-322SAOur Documents\Gas Well Documents\Ord or Vintage Parkway Lease.doc
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AUTHORIZING THE
COMPETITIVE BID PROCESS FOR A NON -DRILL SITE/POOLING AGREEMENT OIL
AND GAS LEASE AGREEMENT FOR THE 10.475 ACRES OF VINTAGE PARKWAY
RIGHT OF WAY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council desires to authorize the competitive bid process for an oil
and gas Non -drill site/Pooling agreement for 10.475 acres of Vintage Parkway Right of Way;
and providing an effective date.
WHEREAS, the City Council desires to advertise for bids pursuant to Chapter 71 of the
Texas Natural Resources Code. NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. That the City Council hereby authorizes the competitive bid process and
advertisement for bids for an oil and gas Non -drill site/Pooling agreement for 10.475 acres of
Vintage Parkway Right of Way
SECTION 2. That this ordinance shall become effective immediately upon its passage
and approval. /�
PASSED AND APPROVED this the 72 k day of VCR , 2003.
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EULINE BROCK, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY: ti
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APPROVED AS TO LEGAL FORM:
HERBERT L. PROUTY, CITY ATTORNEY
BY:_�)O / 0 th4;r