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66-544RESOLUTION No. 66R -544 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEI APPROVING AND AUTHORIZING THE EXECUTION OF A SUBSURFACE OIL AND GAS LEASE WITH OCCIDENTAL PETROLEUM CORPORATION. WHEREAS, Occidental Petroleum Corporation is desirous of obtaining an oil and gas lease of the subsurface below 500 feet of the land which the City owns near the intersection of Acacia Street and Romneya Drive (being the Edison Park site), more particularly described as follows: All that portion of the land in the City of Anaheim, County of Orange, State of California, lying below 500 feet from the surface of Lot 21, EXCEPT the north 150 feet thereof, of the Golden State No. 2 Tract, as per map thereof recorded in Book 4, Page 68 of Miscellaneous Maps, Records of Orange County, California, including any interest of the City in waterways, ditches, sloughs, canals, dikes, levees, roads, streets, alleys and railroad rights -of -way or easements upon or adjoining the above described land. for the purpose of exploring, mining, drilling and operating said land for oil, gas and other hydrocarbon substances, with no right to enter upon or use the surface of said land lying above said depth of 500 feet; and WHEREAS, said Occidental Petroleum Corporation has tendered to the City a Subsurface Oil and Gas Lease, dated June 14, 1966, to be made and entered into between the City of Anaheim, as Lessor, and Occidental Petroleum Corporation, as Lessee, providing for the leasing of said land above described to said Petroleum Corporation for a term not to exceed 35 years, upon the terms and conditions therein set forth; and WHEREAS, the City Council finds that it would be to the advantage and in the best interests of the City to lease said land lying below a depth of 500 feet of the surface of the land above described to said Petroleum Corporation for the period and upon the terms and conditions set forth in said lease, and that the same should be approved. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the Subsurface Oil and Gas Lease, dated June 14, 1966, tendered to the City of Anaheim by Occidental Petroleum Corporation to be made and entered into by and between the parties, providing for the leasing of the land owned by the City, lying below 500 feet from the surface of the land above described, with no right of surface entry, to said Petroleum Corporation, for a period of not to exceed 35 years, upon the terms and conditions set forth in said lease, be, and the same is hereby approved. BE IT FURTHER RESOLVED that the Mayor and City Clerk be, and they are hereby authorized to execute said Subsurface Oil and Gas Lease for and on behalf of the City of Anaheim. THE FOREGOING RESOLUTION is approved and signed by me this 9th day of August 19 66 ATTEST: CI CLERK OF THE CITY OF ANAHEIM STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM (SEAL) NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None MAYOR OF THE CITY Of ANAHEIM I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing resolution was passed and adopted at a regular meeting of the City Council held on the 9th day of August 19 66 by the following vote of the members thereof: AYES: COUNCILMEN: Dutton, Pebley, Schutte, Chandler and Krein AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said resolution on the 9th day of An�»Gt 19 66 IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 9th day of August 19 66 CITE CLERK OF THE CITY OF ANAHEIM I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolu- tion No. 66R -544 duly passed and adopted by the Anaheim City Council on August 9, 1966. (1 City Clerk