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Title:
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Submitted by Councilmember Burns - City Owned Oil Well Operation and Production
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Action text:
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Motion by Burns, seconded by Kalmick, to direct the City Manager to return to the City Council within 60 days with a report on the number of City owned wells, locations, historical production and capacity, and revenue from the sale of oil. The wells are aging, require ongoing maintenance when operational, and there will be costs to become operational. A full conditions assessment, cost benefit analysis, and plan to resume operations should be included in the report. The motion carried by the following vote:
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