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HomeMy WebLinkAbout20110849.tiff RESOLUTION RE : ACTION OF THE BOARD CONCERNING EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - SW1 /4, S15, 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 160 . 0 net mineral acres, more or less, described to-wit: SW1 /4, Section 15 , 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 $8 , 800 . 00, together with a rental fee of one dollar ($ 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 $8 , 800. 00 , together with a rental fee of one dollar ($ 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. . 2011 -0849 RE : EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - SW1 /4. S15 , T8N , 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 � 7 WELD COUNTY, COLORADO ATTEST: 'i ` 1 1A ` }°, •y = arbara Kirkmey r, Chair evseeWeld County Clerk , . ' E�� i$�1 L : MCP A tt Sean P . C Away Pro-Tern � • . ter. �: �:BY:Deputy Clerk to the:+- • 4 William Gar APP ED FORM : EXCUSED David E . Long o y At orney C lc &N v V1Ce eic..___- Douglas ,Rademacher Date of signature: 4/z6// / 2011 -0849 �-a13� Hello