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HomeMy WebLinkAboutCity Council - 1289 RESOLUTION NO. 1289 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH FINDING AND DECLARING THAT IT IS FOR THE BEST INTERESTS OF THE CITY TO IMMEDIATELY ENTER INTO AN OIL AND GAS LEASE COVERING CERTAIN CITY OWNED PROPERTY WITH W. M. CRISSMAN, HARRY HUNTER AND A. H. TRESTER. WHEREAS, the City of Huntington Beach owns certain real property described as Lots 9, 11, 13 and 15, Block 515 Seventeenth Street Section; and WHEREAS, it is believed that said lands may contain valuable deposits of hydrocarbons, and producing wells have recently been drilled in the vicinity of said lands and further wells are now being drilled near thereto; and WHEREAS, said wells may be draining oil and gas from beneath said city-owned lands; and WHEREAS, the City has been presented a proposal to lease said lands for the drilling and exploration for and production of oil and gas therefrom; and WHEREAS, it is deemed necessary and expedient for the best interests of the City that a lease be entered into im- mediately in order to preserve, protect and develop the rights of the City in said real property and to prevent the possible drainage of its oil resources therefrom; and WHEREAS, the City Council is empowered under Section 21+55 of the Huntington Beach Ordinance Code to immediately enter into an oil and gas lease by adoption of a resolution w1� Reso. f 1289 • passed by a four-fifths vote, finding and declaring that the best interests of the City will be served and protected by immediately entering into said oil and gas lease: NOW THEREFORE BE IT RESOLVED by the City Council of the City of Huntington Beach that: 1. The City Council does hereby resolve, find and li• declare and determine that the best interests of the City of Huntington Beach will be served and protected by immediately entering into an Oil and Gas Lease covering the real property described as Lots 9, ll 13 and 15 Block 515, Seventeenth Street Section of Huntington Beach. 2. The City Council further finds and declares that W. M. Crissman, Harry Hunter and A. H. Trester have offered to the City an Oil and Gas Lease covering the said real prop- erty upon terms and conditions as set forth in said lease, a copy of which is attached hereto and to which reference is hereby made for further particulars. 3. The City Council further finds and declares that it is for the best interests of the City of Huntington Beach that said lease be entered into with W. M. Crissman, Harry Hunter and A. H. Trester, and that the Mayor and City Clerk • be and they are hereby authorized and directed to execute said lease on behalf of the City of Huntington Beach. PASSED AND ADOPTED by the City Council of the City of Huntington Beach, California, at a regular meeting thereof held on the 20th day of August , 19 �� Mayor ' ATTEST � � Ma Y City Clerk -2- Reso. +1289 • STATE OF CALIFORNIA ) County of Orange ) ss. City of Huntington Beach ) I, JOHN L. HENRICKSEN, the duly elected, qualified and acting City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby • certify that the whole number of members of the City Council of the City of HuntingtonBeach is five; that the foregoing resolution was passed and adopted by the affirmative votes of at least four-fifths of all the members of said City Council at a regular meeting thereof held on the 20th day of August , 1956, by the following vote: • AYES: Councilmen: Bryant, Lockett, Irby, Bartlett, Terry. NOES: Councilmen: None. ABSENT: Councilmen: None. C ty Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California -3-