HomeMy WebLinkAbout14300 ORD - 05/10/1978J«n:ya:5- 1U- 18:1st
AN ORDINANCE
AMENDING ORDINANCE NO. 14131, PASSED AND APPROVED
BY THE CITY COUNCIL ON JANUARY 18, 1978, CONCERNING
LEASE AGREEMENT WITH WELTON E. COX FOR THE PURPOSE
OF INVESTIGATING, EXPLORING, PROSPECTING, DRILLING
AND MINING FOR AND PRODUCING OIL AND GAS, SO AS TO
DELETE ITEM 1 THEREFROM, RELATING TO 10.243 ACRES
BETWEEN NAVIGATION BOULEVARD AND PAXTON STREET NEAR
HIGHWAY 44; AUTHORIZING REFUND OF THE PRORATED BONUS
OF $512.15 TO WELTON E. COX; AND DECLARING AN EMERGENCY.
WHEREAS, by authority of Ordinance No. 14131, passed and approved
by the City Council on January 18, 1978, a lease agreement was entered into by
and between Welton E. Cox and the City of Corpus Christi for the - purpose of
permitting the said Welton E. Cox to investigate, explore, prospect, drill
and mine for and produce oil and gas on four separate parcels or tracts of land
within the City of Corpus Christi; and
WHEREAS, in consideration for the granting by the City of the lease
of the said parcels, the lessee, Welton E. Cox, tendered a cash bonus of $50
per acre and a $10 per acre annual delay rental for a three year primary term; and
WHEREAS, it has been determined, inasmuch as a portion of the tracts
or parcels contained in the aforesaid lease are under lease awarded in 1965
to another lessee, that a refund of the prorated bonus be returned to Welton
E. Cox:
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That Ordinance No. 14131, passed and approved by the
City Council on January 18, 1978, be and the same is hereby amended by deleting
from said ordinance and the lease agreement therein authorized all reference
to 10.243 acres of land situated between Navigation Boulevard and Paxton Street
near Highway 44, and that a prorated bonus refund of $512.15 be made to
Welton E. Cox, the lessee under the aforesaid lease agreement.
SECTION 2. The necessity to immediately amend the aforesaid
ordinance and lease agreement as set forth above creates a public emergency and
an imperative public necessity requiring the suspension of the Charter rule
that no ordinance or resolution shall be passed finally on the date of its
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introduction but that such ordinance or resolution shall be read at three
several meetings of the City Council,.and the Mayor having declared such
emergency and necessity to exist, and having requested the suspension of
the Charter rule and that this ordinance or resolution be passed finally
on the date of its introduction and take effect and be in full force and
effect from and after its passage, IT IS ACCORDINGLY SO ORDAINED, this the
�/0 day of May, 1978.
ATTEST:
r-
APPROVED:
f DAY OF MAY, 1978:
J. BRUCE AYCOCK, CITY ATTORNEY
MAYOR
THE CITY OF C US CHRISTI, TEXAS
AMENDMENT TO OIL AND GAS LEASE
THE STATE OF TEXAS
COUNTY OF NUECES
WHEREAS, by authority_of Ordinance No. 14131, passed and approved
by the City Council on January 18, 1978, a lease agreement was entered into
by and between Welton E. Cox and the City of Corpus Christi for the purpose
of permitting the said Welton E. Cox to investigate, explore, prospect,
drill and mine for and produce oil and gas on four separate parcels or tracts
of land within the City of Corpus Christi; and
WHEREAS, in consideration for the granting by the City of the
lease of the said parcels, the lessee, Welton E. Cox, tendered a cash bonus
of $50 per acre and a $10 per acre annual delay rental for a three year
primary term; and
WHEREAS, it has been determined, inasmuch as a portion of the tracts
or parcels contained in the aforesaid lease are under lease awarded in 1965
to another lessee, that a refund of the prorated bonus be returned to
Welton E. Cox:
NOW, THEREFORE, this amendment is agreed to by the parties as
follows:
1. That Item 1, under Description of the Oil and Gas Lease
described as 10.243 acres of land, more or less, between Navigation Boulevard
and Paxton Street, be deleted in its entirety.
2. That Item 1 of the lease agreement be amended to provide for
a cash consideration of One Hundred Thirty -Seven and 85/100 Dollars ($137.85)
in lieu of Six Hundred Fifty Dollars ($650), and that a refund.of the prorated
bonus, or Five Hundred Twelve and 15/100 Dollars ($512.15) be tendered to
Lessee.
Except as hereinabove provided, the terms and conditions of the
Oil and Gas Lease heretofore entered into between Lessor and Lessee as
authorized by Ordinance No. 14131, dated January 18, 1978, shall remain
in full force and effect.
r ,
IN WITNESS WHEREOF, this instrument is executed in duplicate this
the day of May, 1978.
ATTEST: CITY OF CORPUS CHRISTI
By
City Secretary R. Marvin Townsend, City Manager
APPROVED:
DAY OF MAY, 1978:
J. BRUCE AYCOCK, CITY ATTORNEY LESSOR
By
Assistant City Attorney
Welton E. Cox
LESSEE
Corpus Christi, Texas
day of 19 ;1y
TO THE MEMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
For the reasons set forth in the emergency clause of the foregoing ordinance;
a public emergency and imperative necessity exist for the suspension of the
Charter rule or requirement that no ordinance or resolution shall be passed
finally on the date it is introduced, and that such ordinance or resolution
shall be read at three meetings of the City Council; I, therefore, request
that you suspend said Charter rule or requirement and pass this ordinance
finally on the date it is introduced, or at the present meeting of the City
Council.
Respectfully, f
OR I
THE CITY OF ORPUS CHRISTI, TEXAS
The Charter Rule was suspended
Gabe Lozano, Sr.
Bob Gulley
David Diaz
Ruth Gill
Joe Holt
Tony Juarez, Jr.
Edward L. Sample
:e:
The above ordinance was passed by the following vote:
Gabe Lozano, Sr.
Bob Gulley
David Diaz
Ruth Gill
Joe Holt
Tony Juarez, Jr.
Edward L. Sample
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