O-1947-348 - Laserfiche WebLink

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e e -5- ~howing the designation of the lots, blocks or tracts owned or controlled by the applicant and showing the exact location of the proposed well which location shall be as nearly as practicable in the center of the drilling blocko The application shall also be accompanied by two (2) duly executed bonds, each given by th~ ap- plicant as principal and a sUl'ety company authorized to do busi- ness in the State of rl'exasas surety. One of these bonds shall run to the City of L'a Porte, 'l'exas, for the benefit of the City and all persons, firms and corporations concerned, conditioned that if the permit be e;:r>anted and if drilling operations be commenced there- under, the applicant and his assigns will comply with the terms and conditions of this Ordinance in the drilling and operation of a well; that the appl icant w ill restore the streest and sidewalks and other public placed of' the City which may be disturbed in the o.perations to their former condition will clear the block and lots of all litter, machinery, derricks and buildings erected or used in the drilling or operation of said well whenever the well shall he abandoned or the operation thereof discontinued; and that the applicant or bis assigns will pay any and all damages recoverable at law against him or them suffere~ by any person or corporation as to property in the City from fire or from oil, gas or water claused by or origlm\ting from the operations connected with such w,ello Such bond shall be in the sum of Twenty-fl ve Thousand Dol- lars ($25,000.00); provided, however, that if within thirty (30) days after the drilling and completion of said well no claims have '\i\ i ! bl3en presented against the applicant or his assigns under the term al:Pl condit 10ns of such bond, then the sum of same shall be auto- matically reduced to J?ive 'l'housand Dollars ($5,000000)0 The other bond above provided for shall run to the City of La. Porto, Texas, for the benefit of all persons, firms or corporations owning lots, blocks or tracts of land in said drilling block who have not exe- cuted at the time of the filling of such bond or who shall not exe cute during the term of said bond and prior to the accrual of 1 ia- b:tlity thereunder leases, dl~illlng contract, waiver or other form o.r con tract under which the applicant or his assIgns is or are