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2003-322S:\Our Documents\Gas Well Documents\Oral or Vintage Patio,ray Lease.doc ORDINANCE NO. ,~--~'~ 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 '~"~ dayof ~7~ ,2003. EULINE BROCK, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY APPROVED AS TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY