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HomeMy WebLinkAboutContract 40503 CITY SECRETARY CONTRACT NO.� D3 . 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 ZNA A 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 CHESAPEAKE EXPLORATION, LLC, P.O. Box 18496, Oklahoma City, Oklahoma 73154, 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-3day of MAY , 2010. LESSOR: LESSEE: CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC, an Oklahoma- ,�plimited liability company By: Fernando Costa By: David G . Brannen Title: Assistant City Manager � Land Manage r as FORS � ATTEST: �O0000000oo � ��d a °S�d o�� `O o City Secretary 00 F 0 O.V d 00 000 /.;y APPROVED AS TO FORM AND LEGA IT rIE<a , By: �G"'�- Contract Authorization Assistant Ci y At rne?,y Amu— Date: IDate: J X; p date OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX 1 06-28-10 A11 :50 IN 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. 2 GIVEN under my hand and seal of office this-3&d day of 2010. G�1L otary Public, State of Texas My Commission Expires: " `'��: EvoNIA DANIELS Commission Number: MY COMMISSION EXPIRES July 10,2013 STATE OF OKLAHOMA § COUNTY OF 6�ft MA § BEFORE ME, the undersigned, a notary public, on this day personally appeared �p1y� I�Ah�h — lQ► ,tp}�,r , known to me to be the person whose name is subscribed to the foregoing instrume t and acknowledged that (s)he has executed the same for the purposes and consideration therein expressed. GIVEN under my hand and seal of o2nistday of , 2010. J� o.....EN..4ry6:., I ry Public, State of Ok ahoma #08010055 N;EXP,t0/15112; My Commission Expires: Commission Number: OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX 2 EXHIBIT A 18.30 acres, more or less, subject to the meanders of the Trinity River, and being part of the E. S. Harris Survey, A-688, and the A. Vogt Survey, A-1585, described as "Second Tract" in that certain Warranty Deed dated May 10, 1926, and recorded in Volume 931 at Page 186, Deed Records, Tarrant County, Texas. (Trinity River) OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX 3