Loading...
HomeMy WebLinkAboutResolution - 951 - Authorize That The Bonds Required Of Texland Petroleum On Oil Wells Be Reduced - 10_22_1981PDT EE �1 RESOLUTION 951 - 10/22/81 SMH:js RESOLUTION A RESOLUTION AUTHORIZING THAT THE BONDS REQUIRED OF TEXLAND PETROLEUM, INC. ON THE FOLLOWING OIL WELLS BE REDUCED FROM $25,000 TO $10,000: LUBBOCK COUNTRY CLUB NO. 1, 2, 3, 4; LULAIN NO. 1, 2, 3; SMITH NO. 1, 2; WHEELER NO. 1, 2, 3; O'NEAL NO. 1. WHEREAS, the City Council for the City of Lubbock has previously issued a permit to drill an oil well on the following locations: Lubbock Country Club No. 1, 2, 3, 4; Lulain No. 1, 2, 3; Smith No. 1, 2; Wheeler No. 1, 2, 3; O'Neal No. 1; and, WHEREAS, Section 19A-9 of the Oil and Gas Well Drilling Permit Ordinance states that after a well is completed the permittee may apply to the City Council to have the bond reduced to a sum of not less than $10,000; and, WHEREAS, the permittee has made application for said bond reduction and stated that the well has been completed, that the provisions of Chapter 19A have been complied with, that the derrick has been removed, and that the premises have been cleared; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: That the bonds required of Texland Petroleum, Inc. by Chapter 19A being the Oil and Gas Well Drilling Permit Ordinance be reduced from $25,000 to $10,000 on the following wells: Lubbock Country Club No. 1, 2, 3, 4; Lulain No. 1, 2, 3; Smith No. 1, 2; Wheeler No. 1, 2, 3; O'Neal No. 1. Passed by the City Council this 22nd day of October 1981. r L McALIST R, MAYOR ATTEST: / Evelyn Gaf ga, City S c y-Treasurer APPROVED AS TO CONTENT: �JQ^1Ze ��u�JP Denzel Per 0full, Diectbr of Public Services APPROVED AS TO FORM:( kuw-M - Susan M. Horton, Asst. City Attorney CRENSHAW, DUPREE & MILAM ATTORNEYS AT LAW law 702-5281 FIRST NATIONAL PIONEER BUILDING P.O. BOX 1499 W C BRATCNER LUBBOCK. TEXAS 79401 79408 September 30, 1981 Mr. Denzil Percival Director of Public Services Public Services Administration City of Lubbock Box 2000 Lubbock, Texas 79457 RE: Bond reductions On Lubbock Country Club Nos. 1 - 4, Lulain Nos. 1- 3, Smith Nos. land 2, Mieeler Nos. 1- 3, and O'Neal No. 1 Dear Denzil: Pursuant to Chapter 19A-9 of the Drilling Code, we would respectfully request that bonds on the above referenced wells be reduced fran $25,000.00 to $10,000.00. We believe that we have oarrplied with the statute requirements as to these wells and they have been corrppleted, the derricks removed, and the premises cleared. I would appreciate your placing this matter on the agenda for the Council to consider at your earliest convenience. If you have any questions or if I can provide any additional information, please advise. With kindest personal regards, we are Yours very truly, Z DDP &er nw cc: Mr. R. J. Schumacher TEM-AM PLIMLEM, INC. 3402 Fort Worth National Bank Bldg. Fort Worth, Texas 76102 CARSON, TF7m3RF.HfTSEN & BURK, INC. 1525 Oil & Gas Bldg. Fort Worth, Texas 76102 CITY OF LUBBOCK ^t, MEMO TO: Denzel Percifull, Director of Public Services S 0 FROM: Susan M. Horton, Assistant City Attorney SUBJECT: Reduction of Bonds for Texland Petroleum DATE: September 29, 1981 Section 19A-9 of the Oil and Gas Drilling Permit Ordinance states the following: "If, after completion of a well, permittee has complied with all the provisions of this Chapter, such as to removing derrick, clearing premises, etc., he may apply to the City Commission to have the bond reduced to a sum of not less than ten thousand dollars ($10,000) for the remainder of the time the well produces without reworking. During reworking operation the amount of the bond shall be maintained at ten thousand dollars ($10,000)." I would suggest that we inform Texland that they must apply to the City Council for the bond reduction which they have requested. The application should state that the well has been completed, that the derrick has been removed and that the premises have been cleared. Once application has been made we can clear it with the City Council at the regular meeting. If you have any questions concerning this please contact me. ��11-M ��W Susan M. Horton SMH:pc 762-6411 P. 0. Box 2000 LUBBOCK, TEXAS 79457 October 23, 1981 Mr. Dub Bratcher Attorney at Law P. 0. Box 1499 Lubbock, Texas 79408 RE: Resolution 951 - 10/22/81 (Bonds required of Texland Petroleum, Inc.) Dear Mr. Bratcher: Enclosed herewith to you is the above referenced resolution, reducing the required bonds on the following wells: Lubbock Country Club ail, 2, 3, 4 Lulain #1, 2, 3 Smith #1 and U2 Wheeler Oil, 2, 3 O'Neal #1 If you need anything further, please let me know. Sincerely, EVELY& GAFFGA City Secretary -Treasurer Enclosure cc w/enclosure: Susan Horton Asst. City Attorney • t CERTIFIED COPY GENERAL POWER OF ATTORNEY No........89k6o .............. Snow all Men by these Presentas That UNITED STATES FIDELITY AND GUARANTY COMPANY, a corporation organized and existing under the laws of the State of Maryland, and having its principal o5ce at the City of Baltimore, in the State of Maryland, does hereby constitute and appoint Laurence E. Mitchell of the City of Dallas , State of Texas its tine and lawful attorney *.*�:ScgmxX t for the following purposes, to wit: To sign its name as surety to, and to execute, seal and acknowledge any and all bonds, and to respectively do and perform any and all acts and things act forth in the resolution of the Board of Directors of the Laid UNITED STATES FIDELITY AND GUARANTY COMPANY, a certified copy of which is hereto annexed and made a part of this Power of Attorney; and the said UNITED STATES FIDELITY AND GUARANTY COMPANY, through us, Its Board of Directors, hereby ratifies and confirms all and whatsoever the said .. • •- Laurence E. Mitchell r may lawfully do in the premises by virtue of these presents. In Witness Whe.!J, the said UNITED STATES FIDELITY AND GUARANTY COMPANY has caused this Instrument to bs sealed with its corporate Leal. duly attested by the signatures of its Vice-Preaident and Assistant Se=taty, this 2 3 r d day of March , A. D. 19 79 UNITED STATES FIDELITY AND GUARANTY COMPANY. (Signed) 8 Charles. B. Watson T• Yiee•Pruident. (SEAL) (Signed) ........B'......Hiageley.....•.......... .fssiarmu Seactmy. STATE OF MARYLAND. ) as: BALTIMORE CITY. )} On this 23rd day of March A. D. 1979before me personally came Charles B. Watson . Vice•Presideat of the UNITED STATES FMELZrY AND GUARANTY COMPANY and W . B. M. Hinge 1 e y , Assistant Secretary of said Company, with both of whom I am personally acquainted, who being by me severally duly sworn, said that they, the said Charles B. Watson and W . B. M. Hinge 1 e y were respectively the Vice -President and the Assistant Secretary of the said UNITED STATES FIDELITY AND GUARANTY COMPANY, the corporation described in and which executed the foregoing Power of Attorney; that they each knew the aryl of said corporation; that the seal affixed to said Power of Attorney was such corporate seal, that it was so fixed by order of the Board of Directors of said corporation, and that they signed their names thereto by like order as Vice -President and Assistant Secretary, respectively, of the Company. My commission expires the first day in July, A. D. 19 82.... (S,) (Signed) Margaret M. Hurst ....................................................... Notary- Fame. STATE OF MARYLAND Sa. BALTIMORE CITY. L William Allen . Clerk of the Superior Court of Baltimore City, which Court is a Court of Record. and has a seal. do bereby certify that Margaret M. Hurst . Esquire, before whom the annexed affidavits were made, and who has thereto subscribed his name, was at the time of so doing a Notary Public of the State of Maryland. in and for the City of Baltimore, duly commissioned and sworn and authorized by law to administer oaths and take achnowkdgmenta, or proof of deeds to be recorded therein I further certify that I am acquainted with the handwriting of the said Notary, and verily believe the signature to be his genuine signature. In Testimony Whereof, I hereto set my hand and affix the seal of the Superior Court of Baltimore City, the same being a Court of Record, this 2 3 r d day of March , A. D. 19 7 9 (Signed) .............Willi.......a.m...Allen 1.e.n ........................... Ckrk of the Superior Court of Baltimore City. COPY OF RESOLUTION That Whereas, it is necessary for the effectual transaction of business that this Company appoint agents and attorneys with power and authority to act for it and in its name in States other than Maryland, and in the Territories of the United States and in the Provinces of the Dominion of Canada and in the Colony of Newfoundland. Therefore, be it Resolved, that this Company do, and it hereby does, authorize and empower its President or either of its Vice - Presidents in conjunction with its Secretary or one of its Assistant Secretaries, under its corporate seal, to appoint any person or persons as attorney or attorneys -in -fact, or agent or agents of said Company, in its name and as its act, to execute and deliver any and all con. tracts guaranteeing the fidelity of persons holding positions of public or private trust, guaranteeing the performances of contracts other than insurance policies and executing or guaranteeing bonds and nndertakfngs, required or permitted in all actions or proceedings, or by law allowed, and Also, in its name and as its attorney or attorneys-infact, or agent or agents to execute and guarantee the conditions of any and all Gonda, mogalzances, obligations, stipulations, undertakings or anything in the nature of either of the same, which are or may by law, municipal or otherwise, or by any Statute of the United States or of any State or Territory of the United States or of the Provinces of the Dominion of Canada or of the Colony of Newfoundland, or by the rules, regulations, orders, customs, practice or discretion of any board, body, organization, office or officer, local, municipal or otherwise, be allowed, required or permitted to be executed, made, taken, given, tendered, accepted, filed or recorded for the security or protection of, by or for any person or persons, corporation, body, office, interest, municipality or other association or organization whatsoever, in any and all capacit:m whatsover, conditioned for the doing or not doing of anything or any conditions which may be provided for in any such bond, mognizance, obligation, stipulation, or undertaking, or anything in the nature of either of the same. I, Theodore G. Parks an Assistant .Secretary of.the UNITED STATES FIDELITY AND GUARANTY COMPANY, do hereby certify that the foregoing is a full, true and correct copy of the original power of attorney given by said Company to Lawrence E. Mitchell pEUh,�p UNITED STATES FIDEL ARAN PANY ese •" (A Stock' 1�1AR 2 <' 198,E O RIDER A1lrsfC To be attached to and become apart of Bond Number 18 —013 0 —10 615 —81 red by UNITED STATES FIDELITY AND GUARANTY COMPANY, as Surety, on behalf of Texland Petroleum Company , as Principal, in favor of City of Lubbock, Texas , as Obligee. .Lubbock Country Club No. 1 IT IS HEREBY AGREED that the above mentioned bond is increased/decreased to the sum of $ 10,000. effective the 22nd day of October 1981 ; PROVIDED, HOWEVER, that the liability of UNITED STATES FIDELITY AND GUARANTY COMPANY for act or acts occurring prior to the 22nd day of October , 1981, shall not exceed $ 25 , 000. , and that its liability for act or acts occurring after said date shall not exceed $ 10, 0 0 0. , but in no event shall the aggregate liability of UNITED STATES FIDELITY AND GUARANTY COMPANY on account of any and all act or acts exceed the larger amount. Signed, sealed and dated: March 1, 1982 T d tr Cam any (Seal) Principal UNITED STATES FIDELITY AND GUARANTY COMPANY Lawrence E. Mitchell, Attorney -in -fa Accepted: City of bock, Texas FSell (548) 1nen.-/D--e Aide, -Surety _,` 0 -