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HomeMy WebLinkAboutContract 40464 CITY SECRETARY CONTRACT 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 2_ day of MAY , 2010, 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 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 —7 day of , 2010. LESSOR: LESSEE: CITY OF FORT WORTH DALE PROPERTY SERVICES, L.L.C. By: Fernando Costa By: M • Tai a-err: Title: Assistant City Manager Its: M C, Qres i .� OPS ATTEST: n �a� ®A OOOCoff0 ° ado °o���� City Secretary p o ° d ,1 O T d APPROVED AS TO FORM AND LEGALITY: �� °°° °°° a �aa� B . aw Assistant Ci rney Date: NO M&C REQUIRED 06-22-10 A10:20 IN OFFICIAL RECORD CITY SECRETARY 1 FT.WORTH,TX ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OF TARRANT § 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. otary Public, State of Texas My Commission Expires: "q ' = EVONIAJANlELS Commission Number: My COMMISSION EXPIRES July 10,2013 STATE OF TEXAS COUNTY OF BEFORE ME, the undersigned, a notary public, on this day personally appeared M Tal;gFerry 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. I` GIVEN under my hand and seal of office this day of 2010. Not ublic, e o exas My Commission Expires: CESAR H. MANCINAS Notary Public,State of Texas Commission Number: :;s- My Commission Expires March 15, 2014 OFFICIAL RECORD CITY SECRETARY 2 FT.WORTH,TX EXHIBIT A 0.20 acres of land, more or less, being Lot 5, Block 99, M.G. Ellis Addition in the City of Fort Worth, Tarrant County, Texas, and being the same land conveyed by Judgment dated August 7, 1989, recorded in Volume 9698, Page 1572, Deed Records, Tarrant County, Texas. (Lee Avenue Storm Drain) OFFICIAL RECORD 3 CITY SECRETARY FT WORTH,TX