October 10, 1977
TO: DONALD R. FEASTER, Executive Director
FROM": 3/ B. R. LASETER, Director, Department of Operations
RE: Land Acquisition FRB Projects
On Friday, October 7, 1977, Bob Watson, Buddy Blain and I met and discussed
future land acquisition for FRB Projects. We agreed on the following:
1. Cypress Creek -
Since it seems that federal participation for this project will not
be forthcoming at present, we agreed to drop land acquisition for the
south pool. This means we will drop the Tampa Downs suit. Some
work has been done on this project, therefore, we will have to pay
the landowners' attorneys for the time they have spent on the suit.
We also agreed to complete land acquisition for the north pool,
however, not to push completion. This really only involves complet-
ing the Coggins suit.
2. Green Swamp -
We have four remaining suits to complete which we will proceed with,
and thereafter we will proceed to acquire land by negotiations only.
We also agreed to offer a total of $300,000 for the total interest
in all rights (gas, oil, minerals & easements) with the owners re-
taining 3/8 or 1/2 royalty. This is based on an estimated 20,600
acres. The agreement would include language we have in the Amoco
agreement plus include 8% interest if the agreed to closing date is
We will/lcontinue to clean up the LHDA and purchase land by negotiations only
in the UHDA.
Your approval of this procedure will be appreciated.
cc: LMB ..
RLW .-- i ,