HomeMy WebLinkAboutResolutions - No. 3982RESOLUTION NO. 3982
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LODI,
CALIFORNIA, DECLARING ITS INTENTION TO CALL FOR BIDS
FOR A CERTAIN OIL AND GAS LEASE AND MAKING FINDINGS
IN CONNECTION THEREWITH
The City Council of the City of Lodi, California, does
resolve as follows:
SECTION 1 - That certain form of Subsurface Oil and Gas
Lease presented to the City Council, with the original filed in the
Office of the City Clerk at the Council Meeting this date, is hereby
referred to and by this reference incorporated herein.
SECTION 2 - Pursuant to Section 7058. 5 of the Public
Resources Code of the State of California, the City Council declares
that it intends to call for bids for an oil and gas lease in the form of
the lease referred to in Section 1 of this Resolution. The property
to be leased is situated in the County of San Joaquin. State of
California, and is described as follows:
Parcel 1: A 525. 14 acre tract of land located in
Sections 23 and 24, Township 3 North, Range
5 East, M. D. B. &M.
Parcel 2: All that certain parcel of land deeded to the
City of Lodi by the State of California, as
shown on Deed recorded March 14, 1973, in
Book 3745, Page 33 of Official Records of San
Joaquin County, containing 0. 38 acres, more
or less.
Parcel 3: All that certain parcel of land deeded to the
City of Lodi by the State of California, as
A.
shown on Deed recorded March 14, 1973, in
Book 3745, Page 28 of Official Records of
San Joaquin County, containing 0. 59 acres,
more or less.
Parcels 1, 2, and 3, are commonly known as the White
Slough Water Pollution Control Plant property.
Parcel 4: A tract of land containing 16.64 acres. more
or less, located in the South Half of Section 14,
Township 3 North, Range 6 East, M.D.B. &M. ,
which Parcel is commonly referred to as
"Beckman Park".
Parcel 5: A parcel of land containing 27.00 acres, more
or less. located in the North Half of the Southeast
Quarter of Section 15, Township 3 North, Range
6 East, M.D. B. &M. , which parcel is commonly
known as ''G -South Basin".
For more detailed description, reference is hereby made
to Exhibit "A" appended to proposed form of Subsurface
Oil and Gas Lease, hereinabove referred to in Section 1
which is on file in the Office of the City Clerk of the City
of Lodi.
SECTION 3 - The royalty share payable for oil, gas, and
other hydrocarbons produced from wells on the leased land shall be
one-sixth ( 1/6), to be computed as provided in said form of lease.
The one variable bidding factor upon which bids shall be received shall
be the cash bonus consideration, including the first year's rental.
The minimum rental per year during the primary term shall be as
_2_
specified in paragraph 4 of the lease. The term of the lease shall
be for a period of five (5) years and for such longer period (not to
exceed 35 years) during which oil, gas and other hydrocarbon sub-
stances shall be produced irom the leased land, or lands with which
the leased land may be pooled. Lessor will permit drill sites on
Parcel 1 at such locations as may be mutually agreed upon by Lessor
and Lessee.
SECTION 4 - None of the land described in the form of
lease hereto has been used, owned, dedicated or acquired as parks,
highways, streets, walks or public playgrounds for park, highway,
street, walk or playground purposes.
SECTION 5 - The bidder shall submit his bid in letter form
accompanied by a Certified or Cashier's check in the full amount of
the cash bonus consideration, including rental, bid for the first year.
The bid shall set forth the said cash bonus consideration, and shall
indicate bidder's willingness to enter into a lease in all respects
identical to the lease referred to in Section 1, except for the identity
of the Lessee.
SECTION 6 - Bids far said Agreement of Lease are hereby
invited and shall be received in the office of the City Clerk located in
the City Hall, Lodi, California, until 5:00 o'clock p. m, on Wednesday,
the 16th day of October, 1974, and shall be opened and publicly de-
clared by the Council at 8:00 o'clock p.m. on said date.
SECTION 7 - The City Clerk shall publish this resolution
once a week for four successive weeks in the Ladi News Sentinel, a
newspaper of general circulation published and printed in the City and
County where the property is situated.
all
3982
PASSED AND ADOPTED THIS 18TH DAY OF SEPTEMBER 1974
I hereby certify that the foregoing resolution was
passed and adopted by the City Council of the City of
Lodi in regular meeting held September 18, 1974 by
the following vote:
AYES: Councilmen - Ehrhardt, Hughes, Katnich,
and Pinkerton (Mayor)
NOES: Councilmen - None
ABSENT: Councilmen- Schaffer
Dated: September 18, 1974
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3982