This is a Reasonable Development form. The assignee shall drill all additional wells necessary to develop the leases and the land they cover, necessary to protect them from drainage, as would a reasonably prudent operator; provided, however, without limitation of the foregoing, assignee shall drill all development, protection, or offset wells which may be required under the terms and provisions of the oil and gas leases on the lands, to the depths assigned.
Vermont Reasonable Development refers to a set of principles and policies aimed at promoting sustainable growth, maintaining the state's unique character, and preserving the quality of life for Vermont residents. It seeks to balance economic development with the protection of natural resources, open spaces, and communities. Key Components of Vermont Reasonable Development: 1. Smart Growth: Vermont promotes compact and efficient land use patterns, encouraging development in existing town centers and limiting sprawl. This approach reduces the need for new infrastructure, preserves agricultural and forested lands, and supports vibrant downtown. 2. Environmental Stewardship: The state emphasizes environmental sustainability through practices such as managing stormwater runoff, conserving energy, and protecting wildlife habitats. These efforts aim to mitigate the ecological impacts of development and ensure the long-term health of Vermont's natural resources. 3. Affordable Housing: Vermont Reasonable Development recognizes the importance of providing affordable housing options for all residents. It seeks to address the housing needs of low- and moderate-income individuals by promoting mixed-income neighborhoods, encouraging the development of affordable housing, and supporting initiatives like exclusionary zoning. 4. Transportation Planning: The concept of Vermont Reasonable Development extends to transportation infrastructure. It emphasizes the development of a comprehensive transportation system that includes roads, public transit, pedestrian-friendly communities, and cycling infrastructure. This approach aims to reduce reliance on private vehicles, mitigate congestion, and improve connectivity. Different Types of Vermont Reasonable Development: 1. Transit-Oriented Development (TOD): TOD focuses on creating mixed-use, walkable communities around public transportation hubs. It encourages higher-density, compact development near transit stations, reducing the dependency on cars and promoting sustainable mobility options. 2. Rural Development: Vermont Reasonable Development also recognizes the importance of nurturing rural areas and their distinct way of life. Policies are in place to preserve agricultural land, protect natural resources, and support the growth of rural industries that align with sustainable practices. 3. Historic Preservation: The state values its rich history and cultural heritage. Historic preservation is an integral part of Vermont Reasonable Development, aimed at protecting and revitalizing historic buildings and districts. It promotes adaptive reuse, offering economic incentives to property owners who restore and maintain historically significant structures. 4. Natural Resource Protection: Vermont Reasonable Development prioritizes the conservation of natural resources, such as forests, wetlands, and water bodies. This includes implementing measures to minimize the impact of development on these areas, promoting sustainable forestry practices, and prioritizing water quality protection initiatives. In summary, Vermont Reasonable Development encompasses a holistic approach to growth and sustainability, emphasizing smart growth, environmental stewardship, affordable housing, and transportation planning. It recognizes the importance of different development types, including transit-oriented development, rural development, historic preservation, and natural resource protection, in order to create thriving communities in the state.
