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HomeMy WebLinkAbout2814 - Agreement to Drill for Oil Gas Tar Etc1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 A RESOLUTION N0. � � V-- WHEREAS, D. W. ELLIOTT of Long Beach, California, has applied to the City Council of the city of Newport Beach for an agreement to drill for oil, gas, tar, petroleum or other hydro- carbon substances in and under a certain area in the City of Newport Beach, in accordance with the ordinances of said city;and WHEREAS, the application of the said D. W. Elliott for said agreement as aforesaid, contemplates the drilling for oil by whipstocking or slant drilling from lands under lease by the said D. W. Elliott, and lying outside of the city limits of the.city of Newport Beach; and WHEREAS, the said D. W. Elliott has a lease on-certain real property for the development of oil, gas and other hydro- carbon substances, which said real property is located outside Of the city limits of the city of Newport Beach; and WHEREAS, in the opinion and judgment of the City Council of the city of Newport Beach the said D. W. Elliott is a competent and capable oil operator and financially able to develop) the oil lying in and under the tidelands belonging to the city of Newport Beach; and WHEREAS, it is further the opinion and judgment of the City Council of the city of Newport Beach that the said D. W. Elliott may conveniently develop said city's tidelands, which the city may have available and which it may desire to have developed for oil development purposes by subterranean drilling from said D.W.Elliottle lease outside the boundary lines of said city; and WHEREAS, it is further the judgment and opinion of they City Council of the city of Newport Beach that the said city will be placed at considerable expense in connection with the sub- terranean drilling for oil under its said tidelands; and LAW OFFICES OF II ROLAND THOMPSON 1 210 S.USGEON BLDG. SANTA ANA. CALIF. `J �1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18' 19 20 21' 22 23 24 25 26 27 28 29 30 31 32 i WHEREAS, the said D. W. Elliott has agreed that he will deposit with the City of Newport Beach the sum of $1500.00 to cover any and all expenses which said city may be put to in connection with the proposed agreement with him. NOY19 THEREFORE, BE IT RESOLVED that the City Council of the city of Newport Beach will immediately order work to be commenced in the preparation of necessary agreements and other instruments in writing, in reference to the development of said city's tidelands by subterranean drilling by said D. W. Elliott, and will present to said D. W. Elliott within sixty (60) days from date hereof, an agreement covering the drilling for oil under said city's tidelands, by said D. W. Elliott. BE IT FURTHER RESOLVED that the said sum of 01500.00 is the maximum cost to the city for the work to be done in connection with the agreement mentioned in this resolution, and that if there is any money left over from the fund so deposited when all work in connection with said agreement shall have been completed, that said overage shall be paid to D. W. Elliott in the manner required by the ordinances of the city of Newport Beach. BE IT FURTHER RESOLVED that if for any reason an agreement shall not be made or entered into between said city and the said D. W. Elliott, in reference to the development of said tidelands, within the time stipulated, the said D. W. Elliott shall neverthe- less be responsible and liable for the costs and expenses that the city may be put to in reference to the matters herein stated, not to exceed, however, the sum of $1500,00 aforesaid. I hereby certify that the above and foregoing resolution was duly and regularly passed and adopted by the City Council of the city of Newport Beach at an adjournedregular LAW OFFICES OF ROLAND THOMPSON 210 SPURGEON BLDG. a. SANTA ANA. CALIF. 11 1 2 3 4 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 "p OFFICES OF II ROLAND THOMPSON 210 SPUR LEON BLOO. Sp Nip AN p. CpLI F. meeting thereof held on the 10th day of July, 1943, by the following vote, to -wit: AYES, COUNCILIW: Q e-g4 Y \irK� 's �Pl�a ikall. NOES, COUNCILMN: ABSENT, COUNCILMEN: n P_ Mayor