File #: 19647    Version: 0 Name: surety bond for a dormant gas well
Type: Resolution Status: Passed
File created: 11/9/2017 In control: Land Use Committee
On agenda: 11/13/2017 Final action: 11/20/2017
Title: A RESOLUTION authorizing the County Executive to execute a General Indemnity Agreement with Travelers Casualty and Surety Company, in support of a surety bond for a dormant gas well for the use and benefit of the Parks + Rec Department.
Sponsors: Tony Miller
Indexes: GENERAL INDEMNITY AGREEMENT, PARKS + RECREATION, SURETY BONDS
Attachments: 1. 19647bu.pdf, 2. 19647adopt.pdf

                     IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title

A RESOLUTION authorizing the County Executive to execute a General Indemnity Agreement with Travelers Casualty and Surety Company, in support of a surety bond for a dormant gas well for the use and benefit of the Parks + Rec Department.

 

Intro

RESOLUTION NO. 19647, November 13, 2017

INTRODUCED BY Tony Miller, County Legislator

 

 

Body

 WHEREAS, the Missouri Department of Natural Resources has implemented new requirements for entities owning natural gas wells; and,

 

WHEREAS, Oil and Gas Council Rule, 10 CSR 50, requires that any such entities submit an annual operator’s license fee and maintain a surety bond for each gas well; and, 

 

WHEREAS, the cost of capping the dormant gas well, located on County park property at 8100 E. Park Road, Blue Springs, MO, is cost prohibitive; and,

 

WHEREAS, the Director of Parks + Rec recommends the execution of the attached General Indemnity Agreement with Travelers Casualty and Surety Company, at a cost to the County in the amount of $100.00; and,

 

WHEREAS, execution of the attached General Indemnity Agreement withTravelers Casualty and Surety Company is in the best interests, health, safety, and welfare of the citizens of Jackson County; now therefore,

 

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the County Executive is hereby authorized to execute the attached General Indemnity Agreement with Travelers Casualty and Surety Company and any other documents needed to give effect to this Resolution; and,

 

BE IT FURTHER RESOLVED that the Director of Finance and Purchasing be and hereby is authorized to make all payments required by the Agreement.

 

Enacted and Approved

Effective Date:  This Resolution shall be effective immediately upon its passage by a majority of the Legislature.

                     

                                                                                                                                                   

APPROVED AS TO FORM:

 

 

_______________________________                                          ________________________________

Chief Deputy County Counselor                                                                County Counselor

 

Certificate of Passage

 

                     I hereby certify that the attached resolution, Resolution No.  19647 of November 13, 2017, was duly passed on November 20, 2017 by the Jackson County Legislature.  The votes thereon were as follows:

 

 

                     Yeas ______9_________                                                               Nays ______0_______

 

 

                     Abstaining ____0_______                                                               Absent ____0________

 

 

 

 

_________________                                                                                    _________________________________

Date                                                                                                                                                   Mary Jo Spino, Clerk of Legislature

 

 

Fiscal Note

There is a balance otherwise unencumbered to the credit of the appropriation to which the expenditure is chargeable and there is a cash balance otherwise unencumbered in the treasury to the credit of the fund from which payment is to be made each sufficient to provide for the obligation herein authorized.

 

ACCOUNT NUMBER:                     003                     1602                     56770

ACCOUNT TITLE:                     S                     Park Fund

Park Operations

Administration Service Fees

NOT TO EXCEED:                                          $100.00

 

 

 

________________________                                                               _______________________________

Date                                                                                                                                                   Chief Financial Officer