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1962-0299RESOLUTION NO. 62R -299 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM ACCEPTING A SEALED PROPOSAL AND AWARDING A LEASE TO THE LOWEST RESPONSIBLE BIDDER FOR THE LEASING OF CITY OWNED PROPERTY FOR OIL, GAS AND OTHER HYDROCARBON SUBSTANCES WITHIN THE LEASE KNOWN AS THE STANDARD OIL COMPANY MAGNOLIA LEASE. WHEREAS, the City Council of the City of Anaheim did by its Resolution No. 62R -140 invite sealed proposals for the leasing of certain real property of the City of Anaheim lying within the Magnolia Exploratory Area; and WHEREAS, said Resolution inviting such sealed proposals was duly published in the manner and to the extent required by law; and WHEREAS, at the time and place designated for the opening of such sealed proposals only one proposal was sub- mitted but such proposal was in proper form and exceeded the minimum requirements set forth in said notice inviting sealed proposals; and WHEREAS, the City Council finds that the sealed proposal submitted by the Standard Oil Company of California is the lowest responsible proposal submitted for the leasing, for oil exploration and production purposes, of certain real property belonging to the City of Anaheim lying within the Magnolia Exploratory Area and that the above named corporation is a responsible corporation and that said proposal is in the best interests of the City of Anaheim. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the sealed proposal of the Standard Oil Company of California for the leasing, for oil exploration and production purposes, of certain real property belonging to the City of Anaheim lying within the Magnolia Exploratory Area in strict accordance with the notice inviting sealed proposals, be, and the same is hereby, accepted, and that an oil and gas lease encompassing said real property, be, and the same is hereby authorized between the City of Anaheim as lessor and the said Standard Oil Company of California as lessee in a form satisfactory to the City Attorney of the City of Anaheim. AND BE IT FURTHER RESOLVED that the Mayor and the City Clerk of the City of Anaheim be, and they are hereby authorized and directed to make, execute and enter into, for and on behalf of the City of Anaheim, an oil and gas lease encompassing said real property and in a form satisfactory to the City Attorney of the City of Anaheim. -1- Finance Dir R/W THE FOREGOING RESOLUTION is approved and signed by me this 27th day of March, 1962. ATTEST: CI CLERK OF Ttit CITY OF ANAHEIM STATE OF CALIFORNIA COUNTY OF ORANGE ss. 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 27th day of March, 1962, by the following vote of the members thereof: (SEAL) AYES: COUNCILMEN; Chandler, Coons, Fry and Schutte. NOES: COUNCILMEN: None. ABSENT: COUNCILMEN: Thompson. AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said resolution on the 27th day of March, 1962. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 27th day of March, 1962. CITE' CLERK OF THE CITY OF ANAHEIM MAYOR OF THEE CITY OF A