HomeMy WebLinkAboutResolution - 2003-R0305 - Settlement Agreement For Oil And Gas Lease - Petroleum, L.P. - 08/06/2003Resolution No. 2003-RO305
August 6, 2003
Item No. 26
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock BE and is hereby authorized and
directed to execute for and on behalf of the City of Lubbock a Settlement Agreement,
by and between the City of Lubbock and Texland Petroleum, L.P., settling a dispute
between the parties concerning an Oil and Gas Lease between City of Lubbock and
Texland Petroleum, Inc., as described therein, and any associated documents. Said
Settlement Agreement is attached hereto and incorporated in this Resolution as if
fully set forth herein and shall be included in the minutes of the City Council.
Passed by the City Council this 6th day of
ATTEST:
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Rebecca Garza, City Secretary
APPROVED AS TO CONTENT:
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Ed Bucy, Right of Way Agent �'
APPROVED AS TO FO
Richard K. Casner, Natural Resources Attorney
da/ccdocs/Texland-SettlementAgreement-Oi1GasLease
July 31, 2003
August , 2003.