AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BRIGHTON, COLORADO APPROVING ONE OIL AND GAS LEASE WITH PETROSHARE CORPORATION FOR +/- 8.905 NET MINERAL ACRES IN CERTAIN PORTIONS OF SECTIONS 17 AND 20 IN TOWNSHIP 1 SOUTH, RANGE 66 WEST IN ADAMS COUNTY, COLORADO; FINDING THAT THE TERMS OF SAID LEASE ARE REASONABLE AND THAT IT IS IN THE BEST INTEREST OF THE CITY TO ENTER INTO SAID LEASE; AUTHORIZING THE MAYOR TO EXECUTE SAID LEASE ON BEHALF OF THE CITY; AND AUTHORIZING THE CITY MANAGER TO UNDERTAKE SUCH TASKS AND EXECUTE SUCH DOCUMENTS AS MAY BE REQUIRED TO IMPLEMENT SAID LEASE

Committee

City Council

Requested by

City Clerk's Office

Introduced

December 13, 2018

On agenda

January 8, 2019

Enactment no.

2302