HomeMy WebLinkAboutContract 38261 GCONTRACR N3a
�h.
MEMORANDUM OF OIL AND GAS LEASE
STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF TARRANT §
BE IT REMEMBERED that on the _� day of , 2009, a Paid Up
Oil and Gas Lease was made and entered into by and between the CITY,,6F FORT WORTH, a
home rule municipal corporation of the State of Texas, 1000 Throckmorton Street, Fort
Worth, Texas 76102, hereinafter called "(LESSOR)"; and DALE PROPERTY SERVICES,
L.L.C, 2100 Ross Avenue, Suite 1870, LB-9, Dallas, Texas 75201, hereinafter called
("LESSEE"), where LESSOR hereby grants, leases and lets exclusively to LESSEE for the
purpose of exploring for, developing, producing and marketing oil and gas, together with any
liquid or gaseous substances produced in association therewith, from the following described
land situated in Tarrant County, Texas, to-wit:
SEE EXHIBIT "A"ATTACHED HERETO AND MADE A PART HEREOF
Subject to the other provisions therein contained, said lease provides for a primary term
of two (2) years, from the date thereof, and as long thereafter as oil or gas or other substances
covered therein are produced in paying quantities from the leased premises or from lands pooled
therewith, or this lease is otherwise maintained in effect pursuant to the provisions therein.
An Executed copy of said Oil and Gas Lease is in the possession of LESSEE at its
address indicated above.
Executed this the I day of , 2009.
LESSOR: LESSEE:
CITY OF FORT WORTH DALE PROPERTY SERVICES, L.L.C.
By: S: M IIGC -[At-AA
Title: Assistant City Manager Its: ?" ISS[
ATTEST: C,
City Secretary '::,ntiact. Authorization.
APPROVED AS TO FORM AND LEGALITY:
By: G►'G`G`' �.���Jc �
Assistant City A omey
Date:
FOF:FICIALRECORD
RETARYTH TX
02-24-09 A10 : 16 IN
MEMO-MALONE-MOORE ROW
1
02-03-09 A10:56 IN
ACKNOWLEDGEMENTS
THE STATE OF TEXAS §
COUNTY OF o� §
BEFORE ME, �� the undersigned notary public, on
this day personally appeared � , known to me to be the person whose
name is subscribed to the foregoing instrument and acknowledged that (s)he has executed the
same for the purposes and consideration therein expressed.
GIVEN under my hand and seal of office this o2 day of
2009.
p
Notary Public, State of Texas
My Commission Expires:
Commission Number:o,�'0
F- HETTIE LANE
' MY COMMISSION EXPIRES
July 26,2011
STATE OF TEXAS §
COUNTY OF DALLAS §
BEFORE ME, )AVIS J-05aH s► ids' the undersigned notary public, on
this day personally appeared M t%* PrU K , known to me to be the person whose
name is subscribed to the foregoing instrument and acknowledged that (s)he has executed the
same for the purposes and consideration therein expressed.
GIVEN under my hand and seal of office this day of ,
2009.
NolAry Public, ate A Texas
My Commission Expires:TUOI27,U ll
Commission Number:
UFMCIAL RECORD
CITY SFCRETARY
FT.WORTH, TX
MEMO-MALONE-MOORS ROW
2
EXHIBIT A
.192 acres, more or less, being Lots 17, Block 15 of the Diamond Hill Addition, an addition to
the city of Fort Worth, Texas, more particularly described by metes and bounds in that certain
Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County, Texas.
.0071 acres, more or less, being Lot 14B Row, Block 27 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas
.0057 acres, more or less, being Lot 15B Row, Block 27 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 16B Row, Block 27 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 17B Row, Block 27 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0115 acres, more or less, being Lots 18B & 19B Row, Block 27 of the Diamond Hill Addition,
an addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0115 acres, more or less, being Lots 20B & 21B Row, Block 27 of the Diamond Hill Addition,
an addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 22B Row, Block 27 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 23B Row, Block 27 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas
.121 acres, more or less, being Lot 24A, Block 27 of the Diamond Hill Addition, an addition to
the city of Fort Worth, Texas, more particularly described by metes and bounds in that certain
Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County, Texas.
.0068 acres, more or less, being Lot 24B Row, Block 27 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
MEMO-MALONE-MOORE ROW
3
SFT WORTH,TX
.0059 acres, more or less, being Lot 4B Row, Block 28 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0059 acres, more or less, being Lot 6A1 Row, Block 28 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas
.0059 acres, more or less, being Lot 7B Row, Block 28 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0069 acres, more or less, being Lot 8B Row, Block 28 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.22 acres, more or less, being Lot 9, Block 28 of the Diamond Hill Addition, an addition to the
city of Fort Worth, Texas, more particularly described by metes and bounds in that certain Plat
Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County, Texas.
.0071 acres, more or less, being Lot IB Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0069 acres, more or less, being Lot 2B Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0069 acres, more or less, being Lot 3B Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0069 acres, more or less, being Lot 4B Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0069 acres, more or less, being Lot 5B Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 7B Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 8B Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
MEMO-MALONE-MOORE ROW
4 i
ItTy
y
qu,,)RTH, TX
that certain Plat Map recorded in Volume 388, Page21 of the Plat Records, Tarrant County,
Texas.
.0115 acres, more or less, being Lots 9B & l OB Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 11B Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 12B Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 13B Row, Block 29 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0061 acres, more or less, being Lot 14B & 15B Row, Block 29 of the Diamond Hill Addition,
an addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.009 acres, more or less, being Lot 15A1 & 16B Row, Block 29 of the Diamond Hill Addition,
an addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas
.0058 acres, more or less, being Lot 10B Row, Block 28 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0058 acres, more or less, being Lot 11 B Row, Block 28 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0058 acres, more or less, being Lot 12B, Block 28 of the Diamond Hill Addition, an addition to
the city of Fort Worth, Texas, more particularly described by metes and bounds in that certain
Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County, Texas
.0058 acres,more or less, being Lot 13B, Block 28 of the Diamond Hill Addition, an addition to
the city of Fort Worth, Texas, more particularly described by metes and bounds in that certain
Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County, Texas.
.0058 acres, more or less, being Lot 14A1, Block 28 of the Diamond Hill Addition, an addition
to the city of Fort Worth, Texas, more particularly described by metes and bounds in that certain
Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County, Texas
.0058 acres, more or less, being Lot 15A, Block 28 of the Diamond Hill Addition, an addition
to the city of Fort Worth, Texas, more particularly described by metes and bounds in that certain
Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County, Texas
MEMO-MALONE-MOO JROW
5
.0111 acres, more or less, being Lot 13B and 14B Row, Block 30 of the Diamond Hill Addition,
an addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0114 acres, more or less, being Lot 15B and 16B Row, Block 30 of the Diamond Hill Addition,
an addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 17B Row, Block 30 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 18B Row, Block 30 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot 19B Row, Block 30 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0551 acres, more or less, being Lot 20B Thru 28B Row, Block 30 of the Diamond Hill
Addition, an addition to the city of Fort Worth, Texas, more particularly described by metes and
bounds in that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant
County, Texas.
.0195 acres, more or less, being Lot 29B, 30B, and 31B Row, Block 30 of the Diamond Hill
Addition, an addition to the city of Fort Worth, Texas, more particularly described by metes and
bounds in that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant
County, Texas.
.0058 acres, more or less, being Lot R1A2 Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot R02B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.4457 acres, more or less, being Lot R03B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot R04B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot R05B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
MEMO-MALONE-MOORE ROW
6
.0057 acres, more or less, being Lot R06B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot R07B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot R08B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot R09B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot R10B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot R11B and R12B Row, Block 31 of the Diamond Hill
Addition, an addition to the city of Fort Worth, Texas, more particularly described by metes and
bounds in that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant
County, Texas.
.0057 acres, more or less, being Lot R13B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0057 acres, more or less, being Lot R14B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.0061 acres, more or less, being Lot R15B Row, Block 31 of the Diamond Hill Addition, an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, Tarrant County,
Texas.
.153 acres, more or less, being Lot 19, Block of the Taylor & McBrayer Subdivision , an
addition to the city of Fort Worth, Texas, more particularly described by metes and bounds in
that certain Plat Map recorded in Volume 388, Page 21 of the Plat Records, ['arrant County,
Texas.
Said Lands are hereby deemed to contain 1.0951 acres, more or less.
MEMO-MALONE-MOORE ROW
7
M&C Review Page 1 of 2
otf:ua! rite .. me cit u, yr Cth„ C,oic
CITY COUNCIL AGENDA FORT�'4� 'O RT I 1
COUNCIL ACTION: Approved on 1/18/2007
DATE: 1/18/2007 REFERENCE NO.: G-15588 LOG NAME: 30CITY
LEASES
CODE: G TYPE: NON-CONSENT PUBLIC HEARING: NO
SUBJECT: Authorize the Provision for Administrative Approval of Leases for Natural Gas Drilling under
City-Owned Properties of Two Acres or Less in Size
RECOMMENDATION:
It is recommended that the City Council authorize the City Manager to approve and execute leases
for natural gas drilling under City-owned properties that are two acres or less in size.
DISCUSSION:
On May 17, 2005, (M&C G-14798) Fort Worth City Council authorized City staff to advertise a request
for proposals from private companies to drill for natural gas under 3,651 estimated mineral acres of
City-owned properties. Most of these properties range from 3 to 800 acres or more in size.
From time to time, the City is asked to lease isolated City-owned properties in various locations that
are two acres or less. City staff is recommending that gas leases for these properties be
administratively approved for natural gas drilling leases after evaluation of the gas company's drilling
plan, reputation, financial status, project team, and compliance history by engineering staff and the
City's mineral asset management consultant, JPMorgan Chase. Staff will report the negotiated lease
bonuses and royalty to the City Council through the regular monthly gas lease report. The leases
would be executed through an internal administrative process involving the Engineering Department,
the City Attorney's Office and the City Manager's Office.
Requirements and guidelines to be followed in determining eligibility for inclusion in the Adminstrative
Gas Lease Process are as follows:
• City-owned property two acres or less that is not a City park
• No surface use of any kind
No identified adverse impact to the surrounding neighborhood
Compliance with the City's gas drilling ordinance
Minimum bonus to be determined by current market rate
Minimum royalty of 25 percent
http://apps.cfwnet.org/council_packet/mc_review.asp?ID=7045&councildate=l/18/2007 2/25/2009
M&C Review Page 2 of 2
• The distrubution of lease bonus and royalties will be in accordance with the revenue
distribution policy approved by the City Council
• No MWBE goal will be required due to the size of the parcels
In accordance with the Alternative Assets Agency Account Agreement between JPMorgan Chase
and the City (City Secretary Contract 29698), JPMorgan Chase will serve as the depository of the
lease bonus and royalty revenue until the City requests wire transfer of the funds.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that this action will have no material effect on City funds.
TO F u nd/Accou nt/C enters FROM Fund/Account/C enters
Submitted for City Manager's Office by� Marc A. Ott (8476)
Originating De ap rtment Head: A. Douglas Rademaker(6157)
Additional Information Contact: Jean Petr(8367)
ATTACHMENTS
http://apps.cfwnet.org/council_packet/mc_review.asp?ID=7045&councildate=1/18/2007 2/25/2009