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HomeMy WebLinkAbout20110846.tiff RESOLUTION RE: ACTION OF THE BOARD CONCERNING EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - E1/2 NW1/4, S8, T8N, R60W 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, Noble Energy, 1625 Broadway, Suite 2200, Denver, Colorado 80202,submitted a request to extend the lease of 80.0 net mineral acres, more or less, described to-wit: E1/2 NW1/4, Section 8, Township 8 North, Range 60 West of the 6th P.M., Weld County, Colorado, and WHEREAS, Weld County reviewed the request submitted by Noble Energy, to extend the lease on the above-described mineral acreage for $55.00 per net mineral acre, for a total sum of $4,400.00, 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. 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 $55.00 per net mineral acre, for a total sum of $4,400.00, 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 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.. fU0)de, 2011-0846 a5 11 LE0081 RE: EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - E1/2 NW1/4, S8, TBN, R60W PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 30th day of March, A.D., 2011. BOARD OF COUNTY COMMISSIONERS WEL,p COUNTY, COLORADO ATTEST:. i � i-,t/icd rbara Kirkmeyer, air Weld County Clerk w �' 4,/ Sean P. o ay, Pro-Tem c /) BY: Deputy Clerk to the i rcia APP V AS RM: EXCUSED vid E. Long Attorney o, (c-ir cr' Douglas Vdemacher Date of signature: i1/'✓/I 2011-0846 LE0081 Hello