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HomeMy WebLinkAbout880376.tiff AR/23O1755 RESOLUTION No RE: APPROVE PARTIAL RELEASE OF COMPLIANCE SECURITY - SUNSHINE o U VALLEY PETROLEUM CORPORATION o WHEREAS, the Board of County Commissioners of Weld County, o w Colorado, pursuant to Colorado statute and the Weld County Home o g Rule Charter, is vested with the authority of administering the a affairs of Weld County, Colorado, and v} W zO WHEREAS, Development Standard #11 of Amended Use by Special Review 717 :85 : 64 for Sunshine Valley Petroleum Corporation, approved March 4 , 1987 , on property described as NE* , E}NW} , W}SE* .. 0 of Section 33 , Township 6 North, Range 65 West , and N}NW* , Section o x 4 , Township 5 North, Range 65 West of the 6th P.M. , Weld County, w Colorado, provides that security in the amount of $5 ,000 per well N4 is to be retained until each well is capable of production, after which a single $5,000 bond or security shall be held on the entire ul z area, and H \ W rH WHEREAS, the Hoshiko #8-33 and Bliss #10-33 wells have been Lin w w drilled and inspections by the Department of Planning Services r- w have determined that these wells are in compliance with the o z Standards approved for this Amended Use by Special Review, and M z N a' a WHEREAS, the Department of Planning Services has recommended 444 that the Board release $10 ,000 of the $15 ,000 now being held for compliance security, and ICI O M L 1 " " WHEREAS, after review, the Board deems it appropriate to MN accept the recommendation of the Department of Planning Services. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that $10 ,000 of the $15 , 000 being held for compliance security on the aforementioned Amended Use by Special Review be , and hereby is released. 7),i' ;'. 7 %z 880376 No Page 2 00 12E: RELEASE COMPLIANCE SECURITY - SUNSHINE VALLEY PETROLEUM O N O U The above and foregoing Resolution was , on motion duly made w -and seconded, adopted by the following vote on the 18th day of O 3 May, A.D. , 1988 . oa -Q �1 I ii a A ��,, ^� . ' BOARD OF COUNTY COMMISSIONERS 0 ATTEST: ( ^"" �'ti/ 1 EL OUNTY, COLORADO a Weld Cottnty, Clerk .and Recorder fie ,16� y� w and Clerk ,ti,i 'the ,Board ene R. Brantner, Chairman rn o x a ; • ' C.W. Kir y, P -Tem �n Deb t Z gthnty Jerk O H a W APPROVED AS TO FORM: Ja qu Hi H H Ri co M co ill County Attorney oz en N Z Frank amaguchi O Ua N N if1 O m 1n r-I e-{ 'Z W 880376 ll DEPARTM"JTOF PLANNING SERVICES PHONE(303)3561 EXT. EET ft ' O915 R10th SO 3.. GREELEY,COLORADO 80631 COLORADO May 18, 19118 Board of County Commissioners 915 _Tenth Street Greeley, CO 80631 Re: Release of compliance for security for Sunshine Valley Petroleum Corporation. Dear Commissioners: Attached is a copy of a letter date may 3, 1988, from Mr. William G. Crews, requesting that $10,000 being held to ensure compliance with the requirements of Amended USR-717 :85:64 be -released. The security is to be retained only until the oil well As -capable of _production, then a single $5,00-0 bond or security =shall be -held on the entire Special Review Permit area until all wells are capped. The Hoshiko #8-33 and Bliss #10-33 -wells have been drilled and $P #31019 and BP #31007 have been finaled for these wells. -Department of Planning Services' staff have inspected the site and determined that these wells are in compliance with the standards approved Sor USR #717. The Department of Planning Services' staff recommends that the _Board of County Commissioners release $10,000 of the $15,080 security now heing held for the Compliance security as requested in Mr. William Crew's letter of May 3, 1988. Respectfully, ��� Schue Current Planner KAS:dn enclosure • 880376 CREWS & ZEREN PETROLEUM LAND CONSULTANTS 1223 28TH AVENUE, SUITE 2 GREELEY COLORADO 80631 (303)351-0733 GREELEY (303)659-7710 DENVER May 3, 1988 Ianelle Swanson Current Planner Weld County Planning Dept, 915 10th. Street Greeley, CO -80631 Tar Ianelle: You will recall that Sunshine had to deposit $15,000 ($5,000 per well) in connection with the -Hoshiko #6-33, Hoshiko #8-33, and Bliss #10-33 wells drilled in Section 33, Township 6 North, Range 65 West under Amended USR 717:85:-64. The $5,000 deposit in connection with the HOshikO #6-33 in the SE;NW;, -a dry hole, has been returned. The other two wells, the Hoshiko #8-33 in the SE'NE'4 and the Bliss #10-33 in the NW-SE', have now kin completed, and final inspections under building permits 31019 and 31007 shoul-d-be in process. Sunshine Valley hereby requests that the County refund the $10,000 in connection with those two recently completed wells. After such refund, the USR account at Union Colony Bank will continue to have the required $5,-000 on deposit according to the terms of-the Amended USR. Refund should be made to Mazuma Turnkey Contractors, Inc. , since Mazuma was the party placing the funds in the USR account at Union Colony Bank. P1-aaae let me know what else you may need to bring about this refund. Regards, William G. Crews Attorney-in-Fact for Sunshine Valley Petroleum Corporation WGC/mm cc: Mazuma Turnkey Contractors, Inc. !' MAY 5 1988 Wald to, gloom oumm smog 880376 CREWS & ZEREN PETROLEUM LAND CONSULTANTS 1223 28TH AVENUE, SUITE 2 GREELEY, COLORADO 80631 (303)351-0733 GREELEY (303)659-7710 DENVER May 17, 1988 Board of Weld County Commissioners 915 10th. Street Greeley, CO 80631 JI ar Cannnissioners: Upon your approval of the refund of the $10,000 in connection with the Sunshine Valley Hoshiko #8-33 well in the SENE; and the Bliss #10-33 well in the NW:SE', Section 33, Township 6 North, Range 65 West under Amended USR 717:85:64, Sunshine Valley and Mazuma request that chairman Brantner, as the authorized signatory for the Board of Weld County Commissioners on Union Colony Money Bank Market Account 30-25780, sign the enclosed check payable to Mazuma Turnkey Contractors, Inc. in the amount of $10,000 and return it to me for delivery to Mazum)a on behalf of Sunshine Valley. As the enclosed statement fran Union Colony Bank indicates, the enclosed check will reduce the principal amount on deposit to the $5,000 balance required under the terms of the involved U.S.R. Cordially, William G. Crews, CPL Attorney-in-Fact for Sunshine Valley Petroleum Corporation and Mazuma Turnkey Contractors, Inc. WGC/1mn enclosures cc: Sunshine Valley Petroleum Corporation Mazuma Turnkey Contractors, Inc. 880376 O)O * VJ LL I m CI+W I 1-t)Z W Z -Ic > I ~iF-e~i W�[[0DO2O 2NOuC =NOW() f� Q • NO r NC-.)• it V1QU\QH Q VIJ-+ v '+ 0 O O C Q H 6.4 O Z O N M Za pp NOON O Q �g a N 117F- C •-1 LL U O N O 0-1 W 2 O W QIAHQU mM0 G7O0WC WWCO 03000.1 O 880376 6 Mazuma Turnkey Contractors, Inc./Weld County Amended USR 717:85:64 82-335/1070 Pay to the May 18 1 g 88 order of Mazuma Turnkey Contractors, Inc. *Ten Thousand and no/100* $ *10,000.00* Dollars : (3037 3567000 CO S' n01 TrY'.MV iHIRD AVENUE Brag GREELv.COLORADO 80631 O yFor Released security-Hoshiko #8-33 & Bliss 10-33 t: i0 700 33ft �� i _ � . 53t: r ` 30 2 5 7800 I; 880376 Hello