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HomeMy WebLinkAboutContract 38440 CITY SECRETAF, CONTF?ACT No. �$ MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the 1� ' day of 2009, a Paid Up Oil and Gas Lease was made and entered into by and between the CITY OF FORT WORTH, a home rule municipal corporation of the State of Texas, 1000 Throckmorton Street, Fort Worth, Texas 76102, hereinafter called "(LESSOR)"; and FOUR SEVENS ENERGY CO., LLC, 201 Main Street, Suite 1455, Fort Worth, Texas 76102, 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 L�day of AA A 2,C L-4, 2009. LESSOR: LESSEE: CITY OF FORT WORTH FOUR SEVENS ENERGY CO, LLC ,- /I , 4 4 1 1 / ;Z�/, C'�r By: By K yw I-(, S r, ;(-l.� Title: Assistant City Manager It . (.,�,; Z�� ISS`4A,� ATTEST: ity Secretary NO M&CREQUIRED APPROVED AS TO FORM AND LEGALITY:Assistant y A 2Citrney Date: 3 ' -U-7 OFFICIAL RECORD CITY SECRETARY FT.WORTH,Tx 04-16-09 A09:27 IN 03-17-09 P02:49 IN 1 ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OFTARRANT BEFORE ME, the undersigned notary public, on this day personally appeared 3. own tome 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 q , 2009. Notary Public, State of Texas My Commission Expires: Commission Number: "•P`�'_ HErnE LANE '= MY COMMISSION EXPIRES July 26,2011 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned notary public, on this day personally appeared , known to me to be the person whose name is subscribed to the forego ng in. 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 2-S dRovoqtu , 2009. Not u c, State of Texas My Commission Expires: Commission Number: 20 fRY DAVID R. MOSS NR =t MY COMMISSION EXPIRES sl*•.......••�+� OCTOBER 19,2010 F OFS 2 w EXHIBIT A 1.966 acres of land, more or less,out of the H.Covington Survey, A-256 and the E. Wilburn Survey,A-1679. Further described in the three (3)tracts as follows: .561 acres of land, more or less, known as The South Part of Block 15, Highland Homes Addition to the City of Fort Worth, Tarrant County, Texas; described by metes and bounds as follows: BEGINNING at a point in the West line of said Block 15, 200.5 feet North of its Southwest corner; THENCE 60 feet Due East to point in the West line of State Highway #183; THENCE in a Northeasterly direction along said West line of said Highway 243 feet; THENCE West parallel with the South line above mentioned 158 feet to a point in the East line of Marquita Drive; THENCE South along said East line of said Marquita Drive 224.3 feet to the place of beginning. .486 acres of land, more or less, known as All that certain tract or parcel of land off of the East side of Block 15, HIGHLAND HOMES ADDITION to the City of Fort Worth, Tarrant County, Texas, BEGINNING at a point the northeast corner of said Block 15, Highland Homes Addition; THENCE North 89 degrees 32 minutes West along the line of said Block 15, a distance of 51-53/100 feet to a point; THENCE South 24 degrees 18 minutes West a distance of 106-63/100 feet to a point, the beginning of a curve to the right of radius 500 feet; THENCE Southwesterly along said curve to the right, a distance of 220-78/100 feet to a point in the South line of the Clifton B. Voss and H. L. Arnold tract; also being the north line of a tract of land conveyed to J. D. Jones as described in deed recorded in Vol. 1830, page 460, Deed Records of Tarrant County, Texas; THENCE North 88 degrees 21 minutes East along said South line, a distance of 123-85/100 feet to a point in the West right-of-way line of said Highway 183, the Southeast corner of the Voss and Arnold tract; THENCE North 24 degrees 18 minutes East along the East line of said Voss& Arnold Tract,a distance of 250.2 feet to a point in the East line of said Block 15; THENCE North 0 degrees 28 minutes East a distance of 40.2 feet along the East line of said Block to the place of beginning. .919 acres of land, more or less, known as Being a part of Block 15, Highland Homes Addition to the City of Fort Worth, Tarrant County, Texas, described by metes and bounds as follows: BEGINNING at a point on the West line of the said Block 15 Southerly 361.94 feet from the Northwest corner of said Block; THENCE S 01-28' W, along West line of said Block, 132.27 feet to a point for corner; THENCE S 880-30' E, 157.9 feet along the South line of this tract to a point in the West right-of-way line of State Highway No. 183; THENCE N 240-18' E, 249.6 feet along the said Highway No. 183 West right-of-way line to a point; THENCE S 880-21' W, 123.85 feet to a point on a curve in the proposed right-of-way line, from which point the center of the curve bears N 400-24' W, 500 feet; THENCE Southwesterly along a curve to the right of radius 500.00 feet, 113.02 feet to a point; the end of said curve and the beginning a curve to the left, from which beginning point the center of the curve to the left bears S 271-27' E, 533 feet; THENCE Southwesterly along a curve to the left of radius 533.00 feet a distance of 48.99 feet to the place of beginning, and containing 0.919 acres of land more or less. 3