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2004-171S:\Our Documents\Ordinances\04~Bid Gas Development-Landfill.doc O INANCE NO. AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AUTHORIZING THE ADVERTISEMENT OF BIDS FOR THE SUB-SURFACE MINERAL INTERESTS OF THE CITY OF DENTON WATER/RECLAMATION LANDFILL SITE APPROXIMATELY 978 ACRES OF LAND FOR AN OIL AND GAS LEASE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, pursuant to Section 71.005(a) of the Texas Natural Resources Code, the City Council of The City of Denton has determined that it is advisable to advertise for bids for the sub-surface mineral interests approximately 978 acres of the City of Denton Water/Reclamation Landfill site for an Oil and Gas Lease; and WHEREAS, the City Council desires to authorize the City Manager or his designee to bid the sub-surface mineral interests for an Oil and Gas Lease for the City of Denton Water/Reclamation Landfill site according to law. NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The findings contained in the preamble of this ordinance are incorporated into the body of this ordinance. SECTION 2. Pursuant to Chapter 71 of the Texas Natural Resources Code, the City Council hereby authorizes the advertisement for bids for the sub-surface mineral interests approximately 978 acres of the City of Denton Water/Reclamation Landfill site for an Oil and Gas Lease SECTION 3. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the//5'--~;~day of June, 2004. EULINE BROCK, MAYOR ATTEST: JENNIFER WALTER~ ,S~ITY SECRETARY ~. - APPR~/~ED AS TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY