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OFFICIAL PROCEEDINGS OF BOARD OF COMMISSIONERS OF CADDO LEVEE DISTRICT AT REGULAR MEETING HELD ON JULY 14, 2022 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- ---- -- -- -- -- -- -- -- -- ---- -- -- -- -- -- -- -- -- ---- -- -- -
At a regular meeting of the Board of Commissioners of the Caddo Levee District held at 10:00 a.m., July 14, 2022, at 1320 Grimmett Drive, Shreveport, Louisiana, the following members were present: Patrick Harrison, Kandi Moore, James T. Sims, Carolyn C. Prator, Gary Procell, and Willie Walker. Jackie Baker was unable to attend.
Ronald F. Lattier, Law Offices of Ronald F. Lattier; German Velazquez, P.E., LA Department of Transportation and Development; Phillip Sturdivant, P.E., District 04 ADA Liaison, LA Department of Transportation; Sam Brimer, Forester; and Penny Adams, Assistant Executive Director were also present. Ali M. Mustapha, Executive Director was unable to attend.
The meeting was opened with a prayer and the Pledge of Allegiance.
President Harrison asked for any comments from the public regarding agenda items or other issues. There were no public comments.
President Harrison stated that the minutes from the June 2022 meeting had been emailed for review and asked for a motion to approve. Mr. Procell made a motion, with a second by Mr. Walker, to approve the minutes from the June 2022 meeting. The motion unanimously passed.
Kandi Moore discussed the June 2022 monthly financial reports. She reported that operating expenses increased this month due to the purchase of two tractors. Revenues from Oil & gas royalty improved last month and the district completed the Financial fiscal year within the available budget.
The Board reviewed payments and invoices for the month of June 2022 and subsequent bills for the month of May 2022. Mrs. Moore made a motion, with a second by Mr. Sims, to ratify payment of the invoices for the month of June 2022 and subsequent bills for the month of May 2022. The motion unanimously passed.
The Board discussed the insurance proposal submitted by Parnell-Robinson Insurance, Inc. for the upcoming 2022 – 2023 fiscal year. Mr. Procell made a motion, with a second by Mr. Walker to approve the insurance proposal for 2022 – 2023. The motion unanimously passed.
The Board unanimously approved the transfer of Campsite Permit from Kenny Wynn to Brad Cook for approximately one (1) acre known as Lot# 71 located on Jeems Bayou, 11070 Frog Island Road, Vivian, in Section 27, T21N, R16W, Caddo Parish, Louisiana with a motion by Mr. Walker and a second by Mr. Sims.
The Board unanimously passed the following resolution to approve an oil and gas lease by Cypress Energy Corporation in Section 5, T15N, R13W containing 147.76 acres, with a motion by Mr. Procell and a second by Mrs. Moore:
WHEREAS, the Board of Commissioners of the Caddo Levee District has received a letter dated May 12, 2022, from Joey Landry stating that Cypress Energy Corporation is interested in acquiring an oil and gas lease covering land in Section 5, T15N, R13W, Caddo Parish, Louisiana, said lands being described as:
A certain tract of land, excluding the beds and bottoms of all navigable waters, belonging to and not presently under mineral lease from the Caddo Levee District, being more fully described as follows: All of fractional Section 5, Township 15 North, Range 13 West, Caddo Parish, Louisiana, containing approximately 147.76 acres more of less.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Caddo Levee District, in legal session convened, that it does hereby authorize the Louisiana State Mineral and Energy Board and the Office of Mineral Resources to accept nominations, advertise for bids for oil, gas and mineral leases on the above described tract, accept bids, and award oil, gas and mineral leases on the above described property on behalf of the Caddo Levee District in the manner prescribed by law for minerals from the surface of the ground to 100 feet below the stratigraphic equivalent of the deepest producing interval underlying the leased premises or any portion thereof which may be included in a producing unit at the end of the primary term of such lease. In case a well is drilling when the primary term ends, the determining date shall be the date when such well is completed as a producer or a dry hole.
BE IT FURTHER RESOLVED that any Lessee of the above-described lands shall comply with the following requirements of the Lessor:
1. The fair market value shall be paid to Lessor for all merchantable timber removed or destroyed in conducting operations on the above-described tract.
2. At the end of the primary term of the lease, Lessee shall release all depths one hundred feet (100') below the stratigraphic equivalent of the deepest producing interval in any well drilled on the leased premises or on any unit containing all or any portion thereof. Said release shall be in written and recordable form. In the event that a well is drilling at the end of the primary term on the leased premises or on a unit containing all or part of the leased premises, the herein required release shall be provided to Lessor when such well is completed either as a producer or a dry hole.
3. The Caddo Levee District will accept the following minimum percentages for the submitted acreage above: No less than 25% royalty revenue from production.
4. The Caddo Levee District requests the primary term of the lease to be no more than thirty-six (36) months from date of execution of the lease.
5. The Caddo Levee District requires that the royalty to be paid shall be “cost-free”.
Marshall Jones was not present and had no report.
President Harrison had no report.
Ali Mustapha was not present and had no report.
Ronald Lattier, Board Legal Counsel reported that the Levee District has no pending legal issues.
Sam Brimer reported a general overview of operations that prompted a discussion on the need for more experienced field employees. The discussion concluded with a request to consult with Ali Mustapha, Executive Director and/or schedule a Personnel Committee Meeting in the upcoming week.
German Velazquez, with the DOTD, introduced Phillip Sturdivant. Mr. Sturdivant is the new District 04 ADA Liaison with LA Department of Transportation.
There was no Personnel Committee Report.
There was no Legal Committee Report.
There was no Equipment Committee Report.
There was no Recreation Committee Report.
With no further business to be brought before the Board, Mrs. Moore made a motion to adjourn, with a second by Mr. Sims. The motion unanimously passed, and the meeting was adjourned.
President Executive Director |
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JULY 13, 2023
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NOTICE OF PUBLIC MEETING CADDO LEVEE DISTRICT TENTATIVE AGENDA MEETING ON JULY 13, 2023 10:00 A.M. 1320 GRIMMETT DRIVE SHREVEPORT, LA 71107
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Minutes - July 14, 2022
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Regular Business Hours : Monday thru Friday 7:30 am to 4:00 pm |
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