AN ORDINANCE ACCEPTING THE BID FOR THE OIL AND GAS LEASE WITH ASCENT RESOURCES – UTICA, LLC AND DECLARING AN EMERGENCY.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ST. CLAIRSVILLE, OHIO:
SECTION 1: That the bid dated June 8, 2022, for the Oil and Gas Lease with Ascent Resources – Utica, LLC being the highest and best bid submitted, is hereby accepted.
SECTION 2: That the Mayor of the City be and she is hereby authorized, directed and empowered to sign the proposed Oil and Gas Lease with Ascent Resources – Utica, LLC and to execute all other instruments required to complete said transaction in accord with the lease for the work described in attached Exhibit A.
SECTION 3: That a true copy of the bid submitted by Ascent Resources – Utica, LLC shall be filed with the Director of Public Services of said City and become a permanent record thereof.
SECTION 4: That this Ordinance is declared to be an emergency measure necessary for the immediate preservation of the public peace, health, welfare, and safety of the residents of the said City in order to finalize said lease negotiated as soon as possible.
SECTION 5: That this Ordinance shall take effect and be in force from and after the earliest period allowed by the Charter of the City of St. Clairsville, Ohio.
PASSED at a meeting of the Council of the City of St. Clairsville on this 18th day of July, 2022, by the affirmative vote of 7 members of the council.