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HomeMy WebLinkAbout 18-54 Apprv Coop Dev Plan Crestone PeaksRESOLUTION 18-54 A RESOLUTION APPROVING COOPERATIVE DEVELOPMENT PLAN AGREEMENT WHEREAS, the Town and Crestone Pealc Resources LLC (Crestone) value a balanced approach to oil and gas development that protects community health, safety, and welfare; and WHEREAS, the Town and Crestone have jointly negotiated a Cooperative Development Plan Agreement that seeks to mitigate impacts fiom oil and gas development; and WHEREAS, the Board of Trustees finds that this Cooperative Development Plan Agreement is in the best interest of the Town and its citizens and desires to authorize its execution. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: Section 1. The proposed Cooperative Development Plan Agreement (the "Agreement") between the Town of Firestone and Crestone is hereby approved in essentially the same form as the copy of such Agreement accompanying this Resolution. Section 2. The Mayor is hereby authorized to execute and deliver the Agreement on behalf of the Town. INTRODUCED, READ AND ADOPTED this 12th day of December, 2018. COLORADO ATTEST: f U[VT�Y Leah Vanar d 1, Town Clerk