A resolution approving a proposed Agreement between the City and County of Denver and PetroPro Engineering, Inc. concerning the management and operation of seventy-five (75) oil and gas wells on the property of Denver International Airport. Approves a contract with PetroPro Engineering, Inc. for $3.6 million through 10-31-21 for the management and operation of seventy-five (75) oil and gas wells on airport property. The scope of services include optimization of production, monitoring revenue, cost control, well maintenance, oversight of third-party contract services, environmental compliance, regulatory reporting, and the provision of advisory support for economic evaluations, forecasting, operating, and capital budgets (201524898). The last regularly scheduled Council meeting within the 30-day review period is on 9-19-16. The Committee approved filing this resolution by consent on 8-17-16.
12 eyes, one abstention. 602 and six three passes. All right. I am going to bring up 607 Councilwoman Black. What would you like to do with that? I have a question. Go right ahead. Oh, you already know. Okay. Hi. Hi. Aaron President. Denver International Airport. I just have a question. Who owns these? The city in county of Denver. And do they make money? We do generate a revenue. We do. We made 2.2 million in 2014. I want to just talk about what it is so that the public knows. So this is a resolution approving an agreement between the city and county of Denver and petro pro engineering concerning the management and operation of 75 oil and gas wells on the property of Denver International Airport. So thank you. The city and county of Denver owns them and Petro Pro operates them and Denver makes money off of them. That's correct. Thank you. Great. Is that it, Councilwoman Black? Yep. Okay. Councilwoman Gilmore, I'm going to pull up six away. You want to take this off for a separate vote, correct? Yes, Mr. President. And the same. Four, six, ten. Yes. Okay. We're going to hold on 16. We'll do this for six or eight. Councilman Herndon. Yes, Mr.. President. I move that resolution 608 be adopted. It has been moved in second to it. Madam Secretary, roll call comment. Gilmore abstain. Herndon R. Cashman High. Cannick I. Lopez. New Ortega. By Susman by Black Eye Clark by Espinosa. Flynn, i. Gilmore. Abstain. Ortega. Mr. President. I close voting, announce the results. 12 Eyes, one abstention. 12 eyes, one abstention. Council Bill 608 has been adopted. Madam Secretary, please pull up Council Bill 610. And I assume this is going to be called out for vote. I'm going to. All right. We'll just go into commentary.