2003-182, S:\Our Documcnts\Ordinanees\03~Hickory Creek -Bid acceptance.doc
ORDINANCE NO. ~'~TgT~-/~a~
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, ACCEPTING THE BID
SUBMITTED BY TRIO CONSULTING & MANAGEMENT, L.L.C, AND AUTHORIZING
THE NEGOTIATION OF A NON-DRILLING/POOLING AGREEMENT FOR AN
APPROXIMATE 3.13 ACRE TRACT OWNED BY DENTON MUNICIPAL ELECTRIC FOR
AN ELECTRIC SUBSTATION; 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 lease the sub-surfaces
of an approximate 3.13 acre tract of land in the S.A. Venters Survey, Abstract No. 1315, owned
by Denton Municipal Electric for an electric substation for bid respecting the development of a
non-drilling/pooling agreement with a gas developer; and
WHEREAS, on May 13, 2003 the bid submitted by Trio Consulting & Management,
L.L.C., conforms to the minimum bid specifications for a Non-drilling/Pooling Agreement on
said land; and
WHEREAS, the City Council desires to authorize the City Manager or his designee to
enter into negotiations under Chapter 71 of the Texas Natural Resources Code for the sub-
surface mineral interests for a Nondrilling/pooling Agreements on the 3.13 acre tract of land in
the S.A. Venters Survey, Abstract No. 1315, owned by Denton Municipal Electric for an electric
substation. 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 City Manager or his designee to enter into negotiations with Trio
Consulting & Management, L.L.C. for a Non-Drilling, Paid-Up Pooling Agreement for Oil and
Gas Lease Agreements for the 3.13 acre tract of land in the S.A. Venters Survey, Abstract No.
1315 within the City of Denton, Texas.
SECTION 3.
approval.
PASSED AND APPROVED this the /~'tct~c day of ~
EULINE BROCK, MAYOR
This ordinance shall become effective immediately upon its passage and
,2003.
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
APPROVED AS TO LEGAL FORM:
HERBERT L. PROUTY, CITY ATTORNEY