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HomeMy WebLinkAbout20111021.tiff RESOLUTION RE: ACTION OF THE BOARD CONCERNING EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - S1/2 NE1/4, PT. N1/2 NE1/4, SE1/4 NW1/4, PT. NE1/4 NW1/4, S6, T8N, R69W WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County is the owner of vast mineral lands located in Weld County, Colorado, and WHEREAS, on March 30, 2011, Noble Energy, 1625 Broadway, Suite 2200, Denver, Colorado 80202, submitted a request to extend the lease of 123.0 net mineral acres, more or less, described to-wit: S1/2 NE1/4, south 50 feet of N1/2 NE1/4, SE1/4 NW1/4, west 20 feet and south 50 feet of NE1/4 NW1/4, Section 6, Township 8 North, Range 59 West of the 6th P.M., Weld County, Colorado, and WHEREAS, Weld County desires to approve the request submitted by Noble Energy, to extend the lease on the above-described mineral acreage for$37.33 per net mineral acre,for a total sum of$4,592.00, together with a rental fee of one dollar ($1.00) per net mineral acre, which is to run for a period of six (6) months, commencing at twelve o'clock noon on October 27, 2011, and ending at twelve o'clock noon on April 27, 2012, and the Board determined it would like to continue the matter to April 25, 2011, at 9:00 a.m., in order to allow adequate time for the Board to conduct a work session on the matter, and WHEREAS, on April 25, 2011, after review, the Board deems it advisable to continue the matter to May 16, 2011, at 9:00 a.m., in order to allow Bruce Barker, County Attorney, adequate time to further discuss the matter with Noble Energy. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the request submitted by Noble Energy, to extend the lease on the above-described mineral acreage for $37.33 per net mineral acre, for a total sum of $4,592.00, together with a rental fee of one dollar ($1.00) per net mineral acres, which is to run for a period of six (6) months, commencing at twelve o'clock noon on October 27, 2011, and ending at twelve o'clock noon on April 27, 2012, be, and hereby is, continued to May 16, 2011, at 9:00 a.m. 05- 2011-1021 2011-1021 LE0149 RE: EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - S1/2 NE1/4, PT. N1/2 NE1/4, SE1/4 NW1/4, PT. NE1/4 NW1/4, S6, T8N, R59W PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 25th day of April, A.D., 2011. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLO DO E11, ATTEST: � • � ,G< tut-- Barbara Kirkmeyer, air Weld County Clerk to t ('8. m � 4- IA P '''7 Sean P. w Pro-Tern Deputy Clerk to the Bo- , William . is OVED F M: EXCUSED David E. Long_.. l Douglas Rader ner Date of signature: 06MM/ 2011-1021 LE0149 Hello