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HomeMy WebLinkAboutContract 40239 CITY SECRETARY CONTRACT NO.N0 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 A peZ 2010, a Paid Up Oil and Gas Lease was made and entered into by and between the CITamY 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_UL day of A9kJ �� , 2010. LESSOR: LESSEE: CITY OF FORT WORTH FOUR SEVENS ENERGY CO., LLC pef�By: Fernando Costa By: Title: Assistant City Manager ItOR r s: 400bt�nn ATTEST: " F °� �G NO M&C REQUIRED City Secretar �j p -`DOOOQ°O APPROVED AS TO FORM AND LEGALIT �'E1C� :Assistant City A orney te: OFFICIAL.RECORD CITY SECRETARY FT.WORTH, T.-A 1 ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OFTARRANT § BEFORE ME, the undersigned, a notary public, on this day personally appeared Fernando Costa, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged that he has executed the same for the purposes and consideration therein expressed. GIVEN under my hand and seal of office this day of 2010. ' tary Public, State of Texas My Commission Expires: . •�::.� �— EVONIA DANIELS Commission Number: r`w coMM!ssiaN Er.Pi4Es o ;'• July ftt,2013 STATE OF TEXAS § COUNTY OF TQV rmil � § BEFORE ME, the undersigned, a notary public, on this day personally appeared p <ov,l known to me to be the person whose name is sub crus ib d o 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 I' 7 2010. Notary Pu lic, State of Texas My Commission Expires: Commission Number: �'PY OVB DAVID R.MOSS �; }y MY COMMISSION EXPIRES OCTOBER 10,2010 OF FOFFIC�Ai,REGI [)SECRE TARP W RT4, TX 2 EXHIBIT A 0.2307 acres, more or less, out of the P. Schoonover Survey, A-1405, and further described as follows: A parcel of land out of Lot 3, Block 1, Brookside Annex, an addition to the City of Fort Worth, Tarrant County, Texas, according to the plat recorded in Volume 388-A, Page 86, Tarrant County Plat Records; and being the southern portion of said Lot 3 as conveyed to J.R. Hill recorded in Volume 3004, Page 355, Deed Records, Tarrant County, Texas and being more particularly described as follows: BEGINNING at the Southwest corner of said Lot 3; THENCE North with the West line of said Lot 3, 95.6 feet to a point in the South line of that portion of Lot 3 retained by Tarrant County Water Control Board and excepted in Hill's deed; THENCE North 73 deg 21 min East with the southerly line of said Water Board tract, a distance of 104.38 feet to a point in the East line of said Lot 3; THENCE South with the East line of said Lot 3, 99.51 feet to a point in the northerly right-of- way line of White Settlement Road as conveyed to Tarrant County by deed recorded in Volume 1473, Page 196, Deed Records, Tarrant County, Texas, said point being on a curve, the center of which bears South 16 deg 48 min 02 sec East a radius distance of 878.51 feet; THENCE Southwesterly along said curve to the left, with the northerly line of White Settlement Road, an arc distance of 78.46 feet to a point in the South line of said Lot 3; THENCE West, with the South line of said Lot 3, 26.0 feet to the POINT OF BEGINNING and containing 10,048.19 square feet acres of land, more or less. (Lot 3B, Block 1, Brookside Annex) OFFICIAL RECORD CITY SECRETARY LT WORTH, 77X