Update on Recent Developments and Discussion of Options Regarding Hydraulic Fracturing and other Well Stimulation Operations in the Culver City portion of the Inglewood Oil Field. City of Culver City California Agenda Item Report Meeting Date: 3/24/2014 CITY COUNCIL AGENDA ITEM: Update on Recent Developments and Discussion of Options Regarding Hydraulic Fracturing and other Well Stimulation Operations in the Culver City portion of the Inglewood Oil Field. Contact Person/Dept.: Carol Schwab/City Attorney; Sherry Jordan/Community Development Fiscal Impact: Yes No X Phone Number: 310 253 5660; 310 253 5710 General Fund: Yes No X Item Number: A 1 Public Hearing: Action Item: X Attachments: X Commission Action Required: Yes No X Date: _______________ Public Notification: (E Mail) Meetings and Agendas City Council (03/20/14); (E mail) Freeport McMoRan (03/20/14); Inglewood Oil Field Email List (03/20/14) Department Approval: Carol Schwab (03/20/14) Chief Financial Officer Approval: Jeff Muir (03/XX/14) City Attorney Approval: Carol Schwab (03/20/14) City Manager Approval: John Nachbar (03/XX/14) RECOMMENDATION: Staff recommends the City Council discuss the update on recent developments and options to address hydraulic fracturing and other well stimulation operations ( well stimulation ) in the Inglewood Oil Field (the Oil Field ). BACKGROUND: At the March 10 2014 City Council meeting the Council directed staff to bring back an update on recent developments including an overview of current and pending City regulations and also give possible options for the Council s consideration relating to prohibitions on hydraulic fracturing and well stimulation. The Council requested that the update also include a discussion of recent actions by the Los Angeles City Council. As part of the update Staff will give a summary of the significant interest and actions taken by the City related to oil drilling issues over the past several years. The Inglewood Oil Field (the Oil Field ) the lar...
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