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Res 1764 2/3/1976RESOLUTION NO. /76VV RESOLUTION APPROVING CONTRACT WITH SANFORD P. FAGADAU FOR SALE OF RAW WATER FROM LAKE ARROWHEAD FOR OIL LEASE WATERFLOOD. WHEREAS, Sanford P. Fagadau is the Unit Operator of the Grinke Unit, which is composed of several oil leases or portions of leases in Clay County, Texas east of Lake Arrowhead, which unit was created under and by virtue of the authority of the Railroad Commission of Texas by Oil and Gas Docket No. 9-64710 and approved on January 22nd, 1975; the Unit Agreement establishing such Grinke Unit is recorded in Volume 274, Page 1 of the Clay County Deed Records; and WHEREAS, Mr. Fagadau plans to waterflood this unit and he desires to purchase raw water from Lake Arrowhead for this purpose, up to a maximum of 3 , 000 barrels (126,000 gallons) per day. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS , THAT: That certain contract, a copy of which is attached hereto, between the City of Wichita Falls and Sanford P. Fagadau, providing for the sale of raw water from Lake Arrowhead for waterflood purposes, is hereby approved, and the City Manager is authorized to execute the same for the City of Wichita Falls. PASSED AND APPROVED this the 3rd day of February, 1976. M A Y O R C \,'' A7X.y-e . ATTEST: il-",---7ZCt r l y1,-/.. :/ OCR 45 C TY CLERK r THE STATE OF TEXAS X COUNTY OF CLAY X Contract for Sale of Raw Water for Waterflood This agreement made and entered into this the 3rd day of February, 1976 , between the City of Wichita Falls, Texas, here- inafter called "City" , and Sanford P. Fagadau, hereinafter called Fagadau" , WITNESSETH: WHEREAS, Sanford P. Fagadau is the Unit Operator of the Grinke Unit, which is composed of several oil leases or portions of leases in Clay County, Texas east of Lake Arrowhead, which unit was created under and by virtue of the authority of the Railroad Commission of Texas by Oil and Gas Docket No. 9-64710 and approved on January 22, 1975; the Unit Agreement establishing such Grinke Unit is recorded in Volume 274, Page 1 of the Clay County deed Records; and, WHEREAS, Mr. Fagadau plans to waterflood this unit, and r thishedesirestopurchaserawwaterfromLakeArrowheadfor purpose, and the City of Wichita Falls is willing to sell him water for this purpose. NOW, THEREFORE, for and in consideration of the mutual covenants herein contained, City and Fagadau do hereby agree as follows: City agrees to sell to Fagadau raw water from Lake Arrowhead to be used for waterflooding the Grinke Unit described above. The maximum amount of water to be sold under this contract shall be 126 ,000 gallons per day. It is agreed that Fagadau will pay to the City for such water at the rate of fifteen cents (150) per thousand (1, 000) gallons, and such water shall be pumped from the lake by Fagadau at no cost to City. Fagadau shall furnish and maintain at his expense at the pumping site metering equipment of a standard type acceptable l to City, and City shall have the right to test such meter at all reasonable times. City shall bill Fagadau monthly for the water used during the previous month, and Fagadau shall pay for such water within thirty days after the date of such bill. This contract shall extend for a period of fifteen years from the date hereof, or as long as oil is produced in paying quantities from such Grinke Unit, whichever is shorter. Fagadau must secure a valid permit or other authority from the Texas Water Rights. Commission for the use of such water before delivery will be made of any water called for under the terms of this contract. It is understood that the rate paid for water under this contract shall be subject to change at such times as the water rates within the City of Wichita Falls are changed. Whenever such rates within the City of Wichita Falls are changed, the rates to be paid by Fagadau under this contract shall be changed proportionately. At any time of drought, or other time when there is insuffi- cient supply of water for municipal purposes, City reserves the right to curtail the amount of water to be sold to Fagadau hereunder; provided, however, that such amount shall not be re- duced below 25, 000 gallons per day without City' s first giving Fagadau two months notice so that he can develop a new source of water supply. IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed as of the day and year first above stated. CITY OF WICHITA FALLS, TEXAS By: Gerald G. Fox City Manager ATTEST: CITY CLERK 2 - 1 r Approved as to form: CITY ATTORNEY Sanford P. Fagadau 3 -