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File #: 21-389    Version: 1 Name: Oil Drilling Subcommittee Update re IOF Amortization Program
Type: Resolution Status: Action Item
File created: 10/14/2020 In control: City Council Meeting Agenda
On agenda: 10/26/2020 Final action:
Title: CC - (1) City Council Oil Drilling Subcommittee ("Subcommittee") and City Staff Update Regarding the Preparation and Future Consideration of a Proposed Amortization Program for the Culver City Portion of the Inglewood Oil Field; (2) Consideration of the Subcommittee's Recommendation to Adopt a Resolution Declaring the City Council's Intent to Evaluate the Establishment of an Approximate Five-Year Phase-Out Period for the Amortization and Removal of Nonconforming Oil and Gas Activities within the City; and (3) Direction to the Subcommittee and City Staff as Deemed Appropriate.
Attachments: 1. 2020-10-26_ATT_Resolution Declaring Intent to Evaluate Phase Out Period for IOF.pdf
title
CC - (1) City Council Oil Drilling Subcommittee ("Subcommittee") and City Staff Update Regarding the Preparation and Future Consideration of a Proposed Amortization Program for the Culver City Portion of the Inglewood Oil Field; (2) Consideration of the Subcommittee's Recommendation to Adopt a Resolution Declaring the City Council's Intent to Evaluate the Establishment of an Approximate Five-Year Phase-Out Period for the Amortization and Removal of Nonconforming Oil and Gas Activities within the City; and (3) Direction to the Subcommittee and City Staff as Deemed Appropriate.

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Meeting Date: October 26, 2020

Contact Person/Dept: Heather Baker, Assistant City Attorney;
Melanie Doran Traxler, Contract Project Manager

Phone Number: (310) 253-5660
(818) 248-7158

Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X]

Public Hearing: [] Action Item: [X] Attachments: []

Commission Action Required: Yes [] No [X] Date:

Public Notification: (E-Mail) Meetings and Agendas - City Council (10/21/2020, 10/21/2020), Culver City News and Events (10/14/2020, 10/21/2020), Stay Informed - Inglewood Oil Field (10/14/2020, 10/21/2020); Stay Informed - Sustainability and Environmental Issues (10/14/2020, 10/21/2020), Sentinel Peak Resources (10/14/2020, 10/21/2020); and (Mail) Inglewood Oil Field Property Owners (10/15/2020).

Department Approval: Carol Schwab (10/19/2020)
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RECOMMENDATION

The City Council Oil Drilling Subcommittee, consisting of Vice-Mayor Alex Fisch and Council Member Meghan Sahli-Wells ("Subcommittee"), and City staff recommend the City Council (1) receive a status update from the Subcommittee and City staff regarding the preparation and future consideration of a proposed Amortization Program for the Culver City portion of the Inglewood Oil Field ("City IOF"); (2) consider the Subcommittee's recommendation t...

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