What: oil and gas mineral leases of city land by Council district, and a pipeline servitude.
Where it stands: District C (Res 79) was adopted August 11 and District G (Res 78, Res 80) August 25. Res 66, the District A lease, has been tabled since August 11 and is still on the November 10 tabled list. Res 123 on the November 10 agenda seeks bids for Districts F and G. A pipeline servitude with Louisiana Saber Midstream Gas Services LLC (Res 113) was adopted October 27.
Next: Outcome of Res 66 and Res 123 on November 10.
Sources
The city's posted agendas and approved minutes (Council portal: https://shreveportla.primegov.com/public/portal) and the city's YouTube channel (@CityofShreveportLa); captions of meeting videos have not been pulled yet.
Adopted unanimously a mineral lease request for District C (no surface operations, minimum $3,000 per acre bonus, 25 percent royalty) (Res 79); Res 66, a District A mineral lease, was tabled and Res 78 and Res 80 (District G mineral leases) were postponed.
Agenda lists Res 113 (pipeline servitude on city property) and introduces Res 123 (mineral lease request, Districts F and G); Res 66 (District A) remains tabled.
Res 123 explained: a request for bids on about 384 acres, mostly street right-of-way and Airport Park property; minimum bids would bring a little over $1.1 million.