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HomeMy WebLinkAbout 18-35 Authorizing TM to Execute Oil-Gas DocsRESOLUTION NO. 18-35 A RESOLUTION AUTHORIZING THE TOWN MANAGER TO EXECUTE CERTAIN DOCUMENTS REGARDING OIL AND GAS WELL LOCATIONS WITHIN CENTRAL PARK FOR CRESTONE PEAK RESOURCES WHEREAS, the Town Board of Trustees approved a Compatible Development and Surface Use Agreement (the "SUA") dated September 25, 2006 between the Town, the Firestone Finance Authority ("FFA"), Foundation Energy Management, LLC, and EnCana Oil and Gas (USA) Inc. for oil and gas development on property owned by the Town and the FFA known as Central Park; and WHEREAS, Crestone Peak Resources, as successor to EnCana, has requested certain revisions to the SUA regarding well locations, which request is under review by Town staff; and WHEREAS, in order to facilitate its application for permits from the Colorado Oil and Gas Conservation Commission (the "COGCC"), Crestone has requested the Town notify the COGCC that it is in the process of considering amendments to the SUA as are reflected in Crestone's permit applications; and WHEREAS, by this resolution, the Board desires to authorize the Town Manager to execute such documents to be provided to the COGCC that reflect the well locations set forth in the SUA are being renegotiated and to execute any waivers the Town Manager finds reasonable and necessary, with the understanding that any changes to well locations as are set forth in the SUA, or any other material provision of the SUA, may only be amended by a written agreement approved by the Board. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: Section 1. The Town Manager is hereby authorized to execute such documents addressed to the Colorado Oil and Gas Conservation Commission as reflect the status of negotiations to changes to well locations set forth in that Compatible Development and Surface Use Agreement dated September 25, 2006. Section 2. The Town Manager is further authorized to execute waivers the Town Manager finds reasonable and necessary to Crestone's application process with the COGCC; provided, however, that final determination of new well locations on property owned by the Town or amendment any other provision of the SUA may only be finalized by a written amendment to the SUA approved by the Board of Trustees and executed by the Mayor. INTRODUCED, READ AND ADOPTED this 12t11 day of September, 2018. TOWN OF FIRESTONE, COLORADO t $® low few Bo i Sindelar ®Uj� (`�° G Mayor Ftoo Itag ®�y ATTEST: ®:,bobott400�fooq *,eve f` co Leah Vanal Zi Town Clerk 2 Pre-Contraet Cerfffication in Compliance with C.R.S. Section $-17.5-102{1) The undersigned hereby certifies as follows: That at the time of providing this certfication, the undersigned does not knowingty employ or contact with an illegal alien; and that the undersigned will participate in the ENerify program or the Departmentprograni, as defined in C.R.S. § § 847.5401(3.3) and 847.5-101(3.7), respectively, in order to confirm the employment eligibility of all employees who are newly hired for employment to perform under the public contact for services. By: Chad E. Taylor Title: Owner %t Date