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HomeMy WebLinkAboutRESOLUTION 1983-095r- r Suggested by: Administration CITY OF KENAI RESOLUTION NO. 83-95 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA ALLOWING ONE YEAR EXTENSIONS TO THE DRILLING PERMITS PURSUANT TO KMC 5.35.080 FOR CANNERY LOOP UNITS #1 AND #3 WELLS AS REQUESTED BY UNION OIL COMPANY OF CALIFORNIA. WHEREAS, Union Oil Company of California was granted a Drilling Permit for Cannery Loop Unit #1 well, effective January 17, 1979 and for Cannery Loop Unit $3 well, effective January 7, 1981, both which were subsequently certified as wells capable of producing in paying quantities, and WHEREAS, the above -described permit for Cannery Loop Unit #1 well was extended for one year by the City Council on request of Union Oil Company of California on the ground that a majority of the working interest share of gas in said units is bound by contractual obligations to be delivered in kind to Pacific Lighting Gas Development Company, and WHEREAS, completion of plans for processing the gas by Pacific Lighting Gas Development Company has still not been constructed and by letter dated May 26, 1983, Union Oil Company of California has requested additional one year extensions of the above - described permits, NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the Drilling Permits for Cannery Loop Unit #1 and Unit #3 are hereby granted an extension for one year to July 1, 1984. PASSED BY THE COUNCIL OF THE CIT F KENAI, LASKA this bth day of July, 1983. , Ronald A. Malston, Mayor ATTEST: _P=64�, et elan, City Clerk