RES NO 02-01-1992 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. a -1992
A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE AN OIL AND GAS LEASE.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS:
SECTION I: THAT the Mayor and City Clerk are hereby authorized
to execute an oil and gas lease with Seeco, Inc.
of Fayetteville, Arkansas, for the following
described property located in Crawford County,
Arkansas:
Lots 1 and 2, Cedar Creek
Estates, Phase I, according
to plat filed July 1, 1988,
for the amount of $46.44
and 1/8 royalty for a term
of five (5) years.
PASSED AND APPROVED THIS 24TH DAY OF FEBRUARY 1992
ni YOR
ATTESTED:
CI'Y CLERK TREASURER
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