HomeMy WebLinkAboutMINUTES - 01171989 - 1.1 I
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TO: BOARD OF SUPERVISORS
FROM: JI. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR
DATE: December 22, 1988 for January 17, 1989
SUBJECT: lairview Avenue Oil and Gas Lease, Brentwood Area
Project No. : 0674-6U4200
SPECIFIC REQUEST(S) OR RECOMMENDATIONS) & BACKGROUND AND
JUSTIFICATION
I. Recommended Action:
Approve subsurface Oil and Gas Lease with TXO Production
Corporation and authorize the Chair to sign said lease on
behalf of the County.
II. .Financial Impact:
The proposed Lessee has paid a $250 processing fee to the
County. The lease provides for a $50 per acre rental fee and
a one-sixth royalty on production, if any. The primary term
of toe lease is for 3 years.
III. Reasons for Recommendations:
The lease is for the production of natural gas located under
a 2.50 acre portion of Fairview Avenue near Brentwood. No
surface rights are involved. The State Lands Commission on
December 13, 1988 approved this lease for exemption from
competitive public bidding requirements pursuant to Sections
70521 and 7053 of the California Public Resources Code.
C.E.Q.A. and General Plan Conformance requirements were
complied with during the approval process for the offsite
well drilling location.
V. Consequences of Negative Action:
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Losslof the revenue as outlined in Section II above.
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Cont'd on Attachment: yes signature:
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Recommendation of County Administrator
Recommendation of Board Committee
Approve Other
Signaturi(s)
Action of Board on
Approved as recommended < Other
Vote of Supervisors
_ < Unanimous (Absent ) I HEREBY CERTIFY THAT THIS
Ayes: Noes: IS A TRUE AND CORRECT COPY
Absent: Abstain: OF AN ACTION TAKEN AND
ENTERED ON THE MINUTES OF
THE BOARD OF SUPERVISORS ON
DATE SHOWN.
Orig. Div: Public Works (R/P) ATTESTED JAN 17 1989
cc: County Administrator PHIL BATCHELOR, Clerk,,-of
Auditor-Controller the Board of Supervisors
P. W. Accounting and County Administrator
RF:pg BYA
Bo:al7 .tl DEPUTY
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