Res 077-95 6/6/1995RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WICHITA FALLS, TEXAS, AUTHORIZING PUBLICATION OF
NOTICE OF INTENTION TO LEASE FOR OIL, GAS AND
OTHER MINERALS CERTAIN LANDS LOCATED AT LAKE
ARROWHEAD IN ARCHER COUNTY, TEXAS; FINDING AND
DETERMINING THAT THE MEETING AT WHICH THIS
RESOLUTION WAS DISCUSSED WAS OPEN TO THE PUBLIC AS
REQUIRED BY LAW.
WHEREAS, the City of Wichita Falls has received a
request that certain land owned by the City in Archer
County, Texas, be leased for oil, gas and other minerals.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. It is advisable under proper
circumstances to lease for development of oil, gas and other
minerals the following described tract of land situated in
Archer County, Texas, to -wit:
35.03 acres, more or less, out of Lot 4, Block 3
of the Clark and Plumb Subdivision, according to
the plat recorded in the deed records of Archer
County, Texas, said 35.03 acres, more or less,
being described in that certain deed dated
September 15, 1965, from W.A. Morath and wife,
Hattie Morath, to the City of Wichita Falls, which
deed is recorded in Volume 308, Page 86, Archer
County Deed Records.
SECTION 2. Any such oil, gas and mineral lease shall
provide for at least 3/16 royalty, and shall have a primary
term of no more than three years.
SECTION 3. Some of the above property may be located
below the 926 foot elevation contour which is the spillway
elevation of Lake Arrowhead; no actual drilling nor any
other operations may occur on the property below the 926
foot elevation contour. No actual drilling nor other
operations may occur on the property above the 926 foot
elevation contour unless the location of each well is
approved in advance by the City, and the methods used in
drilling and producing such well meet all other
specifications to be required by the City for protecting the
water in the lake.
SECTION 4. Any such lease may contain a pooling
provision.
SECTION 5.
lease such land
consecutive weeks
the county in whi
describe the land
the City Council
lease.
City shall give notice of intention to
by publication once a week for three
in a newspaper published in Archer County,
ch the land is located, which notice shall
and designate the time and place at which
will receive and consider bids for such
SECTION 6. The City will not warrant the title to the
minerals in such land. The City Council will reserve the
right to reject any and all bids and give notice and call
for additional bids if same is determined to be in the best
interest of the City.
SECTION 7. It is officially found and determined that
the meeting at which this resolution was passed was open to
the public as required by law.
PASSED AND APPROVED this the 6th day of June 1995.
M A Y 0 R
ATTEST:
City Clerk