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RESOLUTION
RE : ACTION OF THE BOARD CONCERNING EXTENSION OF OIL AND GAS LEASE
COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY , COLORADO - S1 /2 , S8 ,
T8N , R59W
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 320 . 0 net mineral acres , more or less ,
described to-wit :
S1 /2 , Section 8 , Township 8 North , Range 59 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 $ 37 . 33 per net mineral acre , for a total sum of
$ 11 , 946 . 67 , 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 $ 11 , 946 . 67 ,
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 .
CD' - l 2011 - 1033
LE0081 3
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RE : EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY
WELD COUNTY , COLORADO - S1 /2 , S8 , 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 , COLORADO
k ,
/ / I/ATTEST : �'r - .�►� _ �,�' � / _ � ) ,�, yiA,
: arbara Kirkmeyer , Chair
Weld County Clerk to the •: � b� ct , .
O . _
- , 6 -) - '
Sean P . . m ay , Pro -Tem )BY : i 41,
Deputy Clerk to the Board ♦i.,,�,,,��/►
2' William F . Garcia
ED M : EXCUSED
David E . Long
,_ ,)
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n y At rney r,/%
ougl Rademacher
Date of signature : o. ., [��
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2011 - 1033
LE0081 - 3
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