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AmendedbyOrdinanceNo.201406903/04/14JR
sAlegal \our documents \ordinances \14 \standstill amended ordinance & ex a.doc
ORDINANCE NO, 2014 -040
AN ORDINANCE OF THE CITY OF DENTON, TEXAS AMENDING ORDINANCE NO.
2013 -330 TO EXTEND A "STANDSTILL AGREEMENT" BETWEEN THE CITY OF
DENTON, TEXAS AND EAGLERIDGE OPERATING, LLC UNTIL MIDNIGHT ON
MARCH 4, 2014 AND RETROACTIVE TO 11:59 P.M., JANUARY 31, 2014 WITH REGARD
TO CERTAIN DISPUTES AND ISSUES OVER GAS DRILLING IN THE CITY TO ALLOW
THE PARTIES AN OPPORTUNITY TO ENGAGE IN GLOBAL SETTLEMENT
NEGOTIATIONS AS IT CONCERNS UNRESOLVED ISSUES BETWEEN THEM; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City enacted a "Standstill Agreement" between the City and EagleRidge
Operating, LLC until midnight on January 31, 2014 pursuant to Ordinance No. 2013 -330 to
address certain disputes which have arisen between the City of Denton and EagleRidge
Operating LLC as it concerns gas drilling in the corporate limits of the City; and
WHEREAS, the parties deem it in their respective best interests to extend said
Agreement to continue to attempt to negotiate the disputes between them; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The preambles above are incorporated in this Ordinance as though set forth
in full.
SECTION 2. The City Council of the City of Denton hereby amends Ordinance No.
2013 -330 to extend the "Standstill Agreement" to March 4, 2014, retroactive to 11:59 p.m.,
January 31, 2014, and authorizes the City Manager to execute the extension to the "Standstill
Agreement" attached hereto as Exhibit "A."
SECTION 3. This Ordinance is effective immediately.
PASSED AND APPROVED this the �m.o day of , 2014.
« �1 eeeem
0(..,j( HS, MAYOR
ATTEST:
3ENN I F1.1, R WALTERS, "'ITY SECRETARY
w
BY: a,
AP - 0 ED 'TO LEGAL FORM:
ANITA 1-1IJ R.GESS, CITY ATTORNEY
ti
c: \users\ owner \appdata\local\microsoft \windows \temporary internet files\ content .outlook \Oejgmeti\standstill amended ordinance ex a.doc
Exhibit A
Extension to Standstill Agreement
The Standstill Agreement between the City of Denton and EagleRidge Operating LLC,
signed on November 22, 2013 and approved by Ordinance No. 2013 -330, is hereby amended to
extend the standstill period to 11:59 p.m., March 4, 2014 and this Extension Agreement is
retroactive to 11:59 p.m., January 31, 2014.
Agreed to this the c day of j4jd_gq�L, 2014, by the undersigned officers
acting on behalf of their respective legal entities.
EAGLERIDGE OPERATING, LLC,
as Operator and on behalf of EAGLERIDGE
ENERGY, LLC
By. d'� ..._ ._..� ..._m..
rk L. Grawe, Chief Operating Officer
and Executive Vice President,
EagleRidge Operating, LLC
THE STATE OF TEXAS §
COUNTY OF DENTON §
Tli s instruinew was acknowledged before ine on the (lay of ..rte" WCA( , 2014, by
Mark L. Grawe, as Chief Operating Officer and Executive Vice President, EagleRidge
Operating, LLC, as Operator and on behalf of EagleRidge Energy, LLC.
EMILY KLEIN � .....� .....
Notary Public, State of Texas Notary Pub tate of Texas
MY Commission Expires
FebruafY 28, 2015
Page 1
sAlegal \our documents \ordinances \14 \standstill amended ordinance & ex a.doc
THE CITY OF DENTON, TEXAS
s.
By: Ge rge C. pbell,, 'ity Manager
THE STATE OF TEXAS
COUNTY OF DENTON
This instrument was acknowledged before me on thle//' day cal Idlee 2014, by
George C. Campbell as City Manager on behalf of the City of Denton, Texas, pua °s t to
delegated authority specifically conferred by Ordinance No. 2014 - of the City f Denton,
Texas.
i4€
APPROVED AS TO LEGAL FORM:
ANITA BURGESS, CITY ATTORNEY
B.
1` t ry PL, State of Texas
Page 2
JENNIFER III i llERS �
NW W) t'°yui hIC, SVOE of Texas
eceim eii, 1 201
APPROVED AS TO LEGAL FORM:
ANITA BURGESS, CITY ATTORNEY
B.
1` t ry PL, State of Texas
Page 2