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RES NO 01-07-1996 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO.,/- 7 -1996 A RESOLUTION AUTHORIZING AN OIL AND GAS LEASE ON PROPERTY OWNED BY THE CITY OF VAN BUREN, ARKANSAS. WHEREAS, Thomas C. Muller Company of Fort Smith, Arkansas, desires to enter into an Oil and Gas Lease with the City of Van Buren, for property owned by the City of Van Buren, des cribed in the attached Exhibit, which is made a part of this Resolution; and WHEREAS, Under authority of A.C.A., Section 14 -54 -302, the City has the authority to enter into such a Lease: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: SECTION 1: THAT the City Council hereby authorizes the lease of the said described city property to Thomas C. Muller Company and authorizes the Mayor and City Clerk to execute an Oil and Gas Lease with them for the consideration contained therein. PASSED AND APPROVED THIS 22ND DAY OF JANUARY ,19 96 4\C' MAYOR ATTESTED: CITY CLERK- TREASURER 0