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

Ce...

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