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M City in UruMoflwl.lbis lease provided a <br /> tam of five y.ars we S year options <br /> o <br /> determined m metrh...a of each lieu�renew. vrvu schedule to M <br /> od <br /> Chevron has notified the City of Weir option to renew We lease.and have <br /> negotiated new five year raw schedule based upon a reasonable land value and <br /> eannalizaion ntle.Mere is on awonsalic 3,6 Mame each year aflesdrinificd 12 <br /> wad 12 <br /> Courcilmanher Seine explained a the Real L.,Cmnninee w apprm a <br /> thesemts. <br /> FnlCNpenv•00.%.114 <br /> petition'Me City has received a 10, rryardinp the ennexatio,of east of <br /> acceptance of a 10%petition of the prop,mnsersrill penult Wapplicant <br /> Com,Clementson et.Y.to colic.end submit a %petition of property <br /> Oxnal.Owe die petition is Mined We Ch <br /> hearing on deaan proposal and decide herorroto sol ahead.011 it <br /> neen . <br /> The Council is beim,asked to consider <br /> 1. %led..We City mishes to wept We proposed annexation eq <br /> authorise collection oft.75%petition; <br /> 2. Whether We <br /> .11 <br /> on of the <br /> CompreMmive Plan designation moireMmW <br /> inp proposedfo eelloudom <br />