Loading...
HomeMy WebLinkAbout20252699.tiffResolution Approve Extension of Oil and Gas Lease Covering Certain Property Owned by Weld County, Colorado (S21, T8N, R60W) — Bison IV Properties Colorado, LLC 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, Bison IV Properties Colorado, LLC, submitted a request to extend the lease of 1.21 net mineral acres, more or less, described to -wit: Township 8 North, Range 60 West of the 6th P.M., Weld County, Colorado Section 21: A strip of land 20 feet wide adjacent and north of the present highway right-of-way, extending westward approximately 2,640 feet from the north and south center line of Section 21 to the west boundary line of said Section, containing approximately 1.21 acres, also described as Parcel B at Reception No. 721497 Whereas, said lease was originally set to expire on July 30, 2023, but was subject to a primary term extension of 786 days, per Ordinance #2020-10, which stayed all mineral leases during the pendency of a Declaration of Emergency Disaster by the Board of County Commissioners, in turn extending the primary term expiration to September 23, 2025, and Whereas, Weld County desires to approve the request submitted by Bison IV Properties Colorado, LLC, to extend the lease on the above -described mineral acreage for $400.00, which is equivalent to one-third (1/3) of the original bonus amount, to run for a period of six (6) months, commencing at twelve o'clock noon on September 23, 2025, and ending at twelve o'clock noon on March 23, 2026. Now, therefore, be it resolved by the Board of County Commissioners of Weld County, Colorado, that the request submitted by Bison IV Properties Colorado, LLC, to extend the lease on the above -described mineral acreage for $400.00, which is equivalent to one-third (1/3) of the original bonus amount, to run for a period of six (6) months, commencing at twelve o'clock noon on September 23, 2025, and ending at twelve o'clock noon on March 23, 2026, be, and hereby is, granted and approved. 5058451 Pages: 1 of 2 10/09/2025 11:08 AM R Fee:$0.00 Carly Kappes, Clerk and Recorder, Weld County , CO 2025-2699 LE0327-12 1111 KIRA' kfiliElfil Extension of Oil and Gas Lease (S21, T8N, R60W) — Bison IV Properties Colorado, LLC Page 2 The Board of County Commissioners of Weld County, Colorado, approved the above and foregoing Resolution, on motion duly made and seconded, by the following vote on the 29th day of September, A.D., 2025, nunc pro tunc September 23, 2025: Perry L. Buck, Chair: Aye Scott K. James, Pro-Tem: Aye Jason S. Maxey: Aye Lynette Peppier: Aye Kevin D. Ross: Excused Approved as to Form: Bruce Barker, County Attorney Attest: Esther E. Gesick, Clerk to the Board 5058451 Pages: 2 of 2 10/09/2025 11:08 AM R Fee:$0.00 Carly KooPas, Clerk and Recorder, Weld County , CO ■Ill 1�1�1t���l���I�I�i,�:iK' ��,��iil���� 1� III 2025-2699 LE0327-12 OIL Gi IV September 18, 2025 Weld County Board of Commissioners Attn: Jess Reid PO Box 758 Greeley, CO 80632 RE: Oil and Gas Lease Extension Section 21 -8N -60W Weld County, Colorado Ladies and Gentlemen, Bison Oil & Gas IV, LLC 518 17"' Street, Suite 1800 Denver, CO 80202 Phone: 720-644-6997 Fax: 303-974-1767 Enclosed please find Bison IV Properties Colorado, LLC ("Bison") Check No. 032230 in the amount of $400.00. Please consider this payment as consideration for extending that certain oil and gas lease dated 7/30/2020, recorded in Weld County, Colorado at Reception No. 4618923 ("Lease"). Bison hereby exercises the option to extend the primary term of the Lease for an additional 6 months, through 3/23/2026. Please sign below accepting payment and return the original of this letter to me in the self-addressed postage paid envelope. If you have any questions or concerns, please don't hesitate to reach out to me at hhoulik@bisonog.com or 720-378-4393. Sincerely, Hannah Houlik Senior Lease Analyst Received Check No. 032230, in the amount of $400.00, on this day of , 2025. SIGNATURE: BOARD ATTEST: OF Wl CO� - TYill MM1551� RS, CHAIR BYCLEM) TH,E/BOAR 4,017 DEPUTY CLERK TO THE BOAR B4L0674 2025-2699 ka Bison IV Properties Colorado, LLC 518 17th St, Suite 1800 Denver, CO 80202 CHECK NO. 032230 kZ..5,-.C.IL_ p-\-- 930cn RECEIVED SEP 222025 WELD COUNTY COMMISSIONERS EY-3c'tx\S%k O ,r> L..__03Z..-1 - ta. BOLO 100 *PLEASE KEEP AND SCAN IN TYLER* Notes for Distribution Clerk When the Oil and Gas Extension Resolution comes back from Recording, please be sure to make a copy of the Resolution and mail the copy of the recorded Resolution to: Envelope provided for Hannah Houlik Bison Oil and Gas IV, LLC 518 17th Street, Suite 1800 Denver, CO 80202 Please include the following in the mailing: *The signed lease extension request and copy of resolution. DO NOT SEND ANYTHING FURTHER. Thank you. Jess Date sent to Recording t Qj Date mailed out (Of az 1 a5 2025-2699 Hello