Res 2588 7/22/1980RESOLUTION NO. oS5 iJ
RESOLUTION AUTHORIZING NOTICE OF INTENTION
TO LEASE FOR OIL AND GAS CERTAIN LANDS
LOCATED AT LAKE KICKAPOO IN ARCHER COUNTY,
TEXAS .
WHEREAS, the City of Wichita Falls has received a
request that certain lands owned by the City at Lake Kickapoo
in Archer County, Texas, be leased for oil and gas exploration
and production.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. It is advisable, under proper circumstances,
to lease for the development of oil and gas all, or part,
of the following tract located at Lake Kickapoo, Archer
County, Texas, to-wit:
250 acres, more or less, out of the S. P. R. R.
Company Survey No. 1, Abstract No. 440, and
being all of said Survey South of Contour
Line 1, 050 feet m. s.l. , as shown by map
prepared by B. R. Stellar in June of 1944,
and being on sheet 2 of 11 of said series
of maps.
SECTION 2 . Any such oil and gas lease shall provide for
at least 1/8 royalty, and shall have a primary term of no more
than ten years.
SECTION 3. Any such oil and gas lease may include a
pooling provision which meets with the requirements of
Subchapter B of Chapter 71 of the Natural Resources Code of
the State of Texas.
SECTION 4. Under any such oil and gas lease, no actual
drilling may occur on the property covered by such lease
unless the location of such well is approved in advance by
the City and meets the specifications designated for protecting
the water in the lake; provided, however, such provision
would not prohibit the drilling of a well on other lands with
which a portion of the leased property was pooled nor the
drilling of a directional well under such property.
SECTION 5. City shall give notice of intention to lease
such lands by publication once a week for three consecutive
weeks in a newspaper published in the county which notice shall
describe the land and designate the time and place at which
the Board of Aldermen will receive and consider bids for such
lease.
SECTION 6. City will not warrant the title to minerals
in such lands.
SECTION 7 . The Board of Aldermen reserves the right to
reject any and all bids, and to give notice and call for
additional bids, if same is determined to be in the best
interest of the City.
PASSED AND APPROVED this the 22nd day of July, 1980.
M A Y O R
ATTEST:
City Clerk
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