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CC RESOLUTION 29271'14 -, • RESOLUTION NO. 2927 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, AUTHORIZING THE TRANS- FER OF A PERMIT TO COOPER & BRAIN, INC., FOR THE DEVELOPMENT OF OIL. WHEREAS, on January 24, 1966 the City Council of the City of E1 Segundo granted a permit to Occidental Petroleum Corporation 0 by Resolution No. 2149, entitled: "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, GRANTING TO OCCI- DENTAL PETROLEUM CORPORATION A PERMIT TO DRILL AND MAINTAIN OIL WELLS GREATER THAN 500 FEET BELOW THE GROUND SURFACE IN SAID CITY. "; and WHEREAS, Cooper & Brain, Inc., has requested approval of the transfer to it of the permit granted to Occidental Petroleum Corporation in a letter which reads as follows: "June 14, 1979 "City Council "Hand Delivered City of El Segundo City Hall 350 Main Street El Segundo, California 90245 Attention: Mr. Arthur E. Jones City Manager Re: Cooper & Brain, Inc. - Request for Transfer of Operating Permit Issued to Occidental Petroleum Corporation Gentlemen: "The undersigned on behalf of our client, Cooper & Brain, Inc., a California corporation ( "Cooper & Brain ") hereby makes a request for a transfer and assignment to Cooper & Brain of the permit to engage in the production of oil and gas and other hydro- carbon substances from beneath the City of El Segundo currently held by Occidental Petroleum Corporation ( "Oxy "). The permit was granted to Oxy by Resolution No. 2149 of the City Council dated January 24, 1966 and is attached hereto. Such permit was granted pursuant to Section 20.11 et seg. of the El Segundo Municipal Code • (now section 16.20.010). Also attached hereto are two (2) dupli- cate copies of a map showing the boundaries of the oil drilling district to which the Oxy permit relates. "Please be advised that this request for the transfer and assignment of the permit is made since Cooper & Brain will purchase from Oxy the oil production surface facilities located in the City of Los Angeles adjacent to the City of El Segundo and the subsurface oil and gas leases, some of which are beneath the City of El Segundo 0 • and which relate to this permit. As is the case under the Oxy permit, Cooper & Brain does not and will not use any of the surface area within the City of El Segundo for oil drilling or production purposes. "Cooper & Brain, as part of the transfer and assignment of the Oxy permit, will agree to post a bond with the City of El Segundo in a form similar to the bonds currently posted by Oxy with the City. "Please be advised that this request for the tranfer and assignment of the Oxy permit should not be construed as an admis- sion or agreement by Cooper & Brain that such permit is in fact required by law with respect to oil production operations conducted from surface locations outside the boundaries of the City of E1 Segundo. "If any further details or information is needed, please contact the undersigned. Enclosures cc: Mr. Joel Cooper Mr. Edward R. Loverde Director of Planning City of El Segundo "; and transfer; Very truly yours, /S/ James B. O'Neal James B. O'Neal WHEREAS, the City Council has determined to approve said NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, DOES RESOLVE, DECLARE AND DETERMINE AS FOLLOWS: SECTION 1. That the permit heretofore issued to Occi- dental Petroleum Corporation is transferred to Cooper & Brain, Inc., subject to the following terms and conditions: (1) That Cooper & Brain, Inc., post a corporate surety bond in the sum of $10,000.00 conditioned upon the following condi- tions: • a. If the Principal shall comply with the provisions and requirements of "El Segundo Municipal Code" as the same now exists, or as the same may be amended; and b. If the Principal shall pay to the City of El Segundo any of all loss or damage resulting from any viola- tion on the part of the Principal of any provision or requirement of said Code; and 40 - 2 - i�N .A tl • C. If the Principal shall reimburse the City for any and all costs and expenses incurred by the City in caus- ing any geophysical exploratory core hole, oil well, refinery or natural gasoline plant, mentioned here - inabove to be abandoned in the manner required by the provisions of said Code, and the premises to be restored to a natural surface condition, to the satisfaction of the Chief Engineer, El Segundo Fire Department, in the event the Principal fails to so abandon or so restore the premises; and d. If the Principal shall reimburse the City for any and all costs or expenses incurred in altering, recon- structing or repairing any such geophysical explor- atory core hole, oil well, refinery or natural gasoline plant so as to cause the same to comply with the provisions of said Code in the event of any failure on the part of the Principal to comply with such provisions; Such obligation shall be void; otherwise the same shall remain in full force and effect. SECTION 2. That the City Clerk shall certify to the passage and adoption of this resolution; shall enter the same in the book: of original resolutions of said city; and shall make a minute of the passage and adoption thereof in the records of the proceedings of the City Council of said city, in the minutes of the meeting at which the same is passed and adopted. PASSED, APPROVED and ADOPTED this 19th day of None , 1979. -- e a4o,- � .Mayor of the City of E1 Segundo, California ATTEST: • City Clerk ( SEAL) • 0 n STATE: OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO ) I, VALERIE A. BURROWES,. , City Clerk of the City of El Segundo, California, DO HEREBY CERTIFY that the whole number of members of the City Council of the said City is five; that the foregoing resolution, being Resolution No, 2927 was duly passed and adopted by the said City Council, approved and signed by the Mayor of said City, and attested by the City Clerk of said City, all at a regular meeting of the said Council held on the 1 9th day of June 1979 and that the same was so passed and adopted by the following vote: AYES: Councilmen Benson, Bue, Nagel, Van Vranken and Mayor Balmer NOES: Councilmen None ABSENT: Councilmen None WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY this 26th day of June 19 79 (SEAL) City Clerk of the City of El Segundo, California '1l1r3�