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2003-374S:\Our Documents\Gas Well Documents\Ord for Bids for Airport Open Space South.doc ORDINANCE NO. OO ' 3I AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AUTHORIZING THE COMPETITIVE BID PROCESS FOR AN OIL AND GAS NON-DRILL SITE/POOLING AGREEMENT OIL AND GAS LEASE AGREEMENT FOR THE SOUTHERN PORTION OF THE AIRPORT OPEN SPACE; 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 the Southern portion of the Airport Open Space; and 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 the Southern portion of the Airport Open Space Park. SECTION 2. That this ordinance shall become effective immediately upon its passage and approval. lo d PASSED AND APPROVED this the to day of '2003. EULINE BROCK, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY B APPROVED AS TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY BY:~O~fGty> ~l