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HomeMy WebLinkAboutContract 40664 CITY SECRETARY CONTRACT NO. dC0 G MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the �3 day of L 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 INITIAL ENERGY SERVICES, LLC, 8629 N. New Braunfels, Suite 543, San Antonio, Texas 78217, 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 L3 day of J U L 2010. LESSOR: LESSEE: CITY OF FORT WORTH INITIAL ENERGY SERVICES, LLC By: Fernando Costa y' �2 Title: Assistant City Manager Its. ,00I�rtaa ATTEST: Aa' .. F�u®Iqr 0 ®00000000 00%® o° o �� 0 a �� City Secretary �0S 0�, o o 000 o APPROVED AS TO FORM AND LEGALIT �� 00000aAtXX ��AtLoa4°' Assistant City A rney Date: 7�3�v NO M&C REQUIRED OFFICIAL RECORD �+ sgpWARY 07-14-1 0 ,' F-iT WORTH,TX 1 08-09-10 A08 :32 IN ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME,the undersigned, a Notary Public, on this day personally appeared Fernando Costa, Assistant City Manager of the City of Fort Worth, a home-rule municipal corporation of the State of Texas, known to me to be the person whose name is subscribed to the foregoing instrument and, that he has executed the same for the purposes and consideration therein expressed. w GIVEN UNDER MY HAND AND SEAL OF OFFICE this f day of N 2010. [SEAL] rl0 Notary Public in and for the r UIDA M.HIRRLIW State of Texas *: ' MY COMMISSION SORES ren Mz 2D14 My Commission Expires: Print Name of Notary Public Here THE STATE OF § COUNTY OF T4A Q >U T' § BEFORE ME, the undersigned, a Notary Public, on this day personally appeared 1Nx lV.E Woo , on behalf of Initial Energy Services, LLC, known to me to be the person whose name is subscribed to the foregoing instrument and, that he has executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this Q1k day of ,2010. [SEAL] U. ; �"Y!� KAY McAFEE tQ� Notary Public in and for the Notary Public State ofSTATE OF TEXAS My Comm.Exp.April 28,2013 My Commission Expires: Print Name of Notary Public Here OFFICIAL RECORD 2 CITY SECRETARY FT.WORTH,TX EXHIBIT A BEING A 2.315 ACRE TRACT AND BEING A PART OF LOT F, FOREST WOOD INDUSTRIAL ADDITION, AN ADDITION TO THE CITY OF FOREST HILL, TARRANT COUNTY, TEXAS, ACCORDING TO PLAT RECORDED IN VOLUME 388-45, PAGE 3, RECORDS OF TARRANT COUNTY, TEXAS AS DESCRIBED BY DEED CONVEYED TO ANGLIN /20 JOINT VENTURE RECORDED IN VOLUME 8106, PAGE 1797, DEED RECORDS, TARRANT COUNTY, TEXAS AND A PORTION OF A TRACT CONVEYED TO PELMA, LTD., AS RECORDED IN VOLUME 1524, PAGE 339, DEED RECORDS OF TARRANT COUNTY AND BEING MORE PSRTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT A /4 INCH IRON ROD FOUND AT THE MOST NORTHERLY NORTHEAST CORNER OF A CERTAIN TRACT OF LAND CONVEYED TO CARBON CARBON TECH INC., RECORDED IN VOLUME 15618, PAGE 196 OF THE DEED RECORDS OF TARRANT COUNTY, TEXAS SAID IRON ROD BEING IN THE SOUTH LINE OF SOUTHEAST LOOP 820 AND BEING THE NORTHWEST CORNER OF THE SAID ANGLIN/20 JOINT VENTURE TRACT; THENCE NORTH 66 DEGREES 30 MINUTES 57 SECONDS EAST 132.46 FEET ALONG THE SAID SOUTH LINE TO A 5/8 INCH IRON ROD WITH A CAP STAMPED " ANA" SET AT THE BEGINNIG OF A NON-TANGENT CURVE TO THE LEFT; THENCE 18.05 FEET WITH THE ARC OF SAID NON- TANGENT CURVE TO THE LEFT THROUGH A CENTRAL ANGLE OF 27 DEGREES 57 MINUTES 06 SECONDS WITH A RADIUS OF 37.00 FEET, A TANGENT LENGTH OF 9.21 FEET AND A CHORD WHICH BEARS SOUTH 06 DEGREES 02 MINUTES 48 SECONDS WEST 17.87 FEET TO A 5/8 INCH IRON ROD WITH CAP STAMPED " ANA " SET; THENCE SOUTH 07 DEGREES 39 MINUTES 45 SECONDS EAST, 97.87 FEET TO A 5/8 INCH IRON ROD WITH CAP STAMPED " ANA " SET AT THE BEGINNING OF A CURVE TO THE RIGHT; THENCE 68.81 FEET WITH THE ARC OF SAID CURVE TO THE RIGHT THROUGH A CENTRAL ANGLE OF 09 DEGREES 14 MINUTES 56 SECONDS WITH A RADIUS OF 425.00 FEET, A TANGENT LENGTH OF 34.38 FEET AND A CHORD WHICH BEARS SOUTH 03 DEGREES 02 MINUTES 16 SECONDS EAST, 68.53 FEET TO A 5/8 INCH IRON ROD WITH CAP STAMPED " ANA " SET AT THE BEGINNING OF A REVERSE CURVE TO THE LEFT; THENCE 316.03 FEET WITH THE ARC OF SAID CURVE TO THE LEFT THROUGH A CENTRAL ANGLE OF 48 DEGREES 17 MINUTES 09 SECONDS WITH A RADIUS OF 375.00 FEET, A TANGENT LENGTH OF 168.00 FEET AND A CHORD WHICH BEARS SOUTH 22 DEGREES 33 MINUTES 22 SECONDS EAST , 306.76 FEET TO A 5/8 INCH IRON ROD WITH CAP STAMPED ' ANA " SET AT THE BEGINNING OF A REVERSE CURVE TO THE RIGHT; THENCE 173.93 FEET WITH THE ARC OF SAID CURVE TO THE RIGHT THROUGH A CENTRAL ANGLE OF 23 DEGREES 26 MINUTES 54 SECONDS WITH A RADIUS OF 425.00 FEET, A TANGENT LENGTH OF 88.20 FEET AND A CHORD WHICH BEARS SOUTH 34 DEGREES 58 MINUTES 30 SECONDS EAST, 172.72 FEET TO A 5/8 INCH IRON ROD WITH CAP STAMPED "ANA " SET IN THE NORTH LINE TO GLEN PARK ADDITION , AN ADDITION TO THE CITY OF FOREST HILL, TARRANT COUNTY, TEXAS AS RECORDED IN VOLUME 388-J, PAGE 313, PLAT RECORDS OF TARRANT COUNTY, TEXAS; OFFICIAL RECORD CITY SECRETARY 3 FT.WORTH,TX THENCE SOUTH 88 DEGREES 52 MINUTES 59 SECONDS WEST, 306.72 FEET TO A FOUND 5/8 INCH IRON ROD FOR THE SOUTHWEST CORNER OF SAID ANGLIN/20 JOINT VENTURE TRACT AND BEING THE SOUTHEAST CORNER OF THE AFOREMENTIONED CARBON CARBON TECH INC. TRACT ; THENCE NORTH 04 DEGREES 36 MINUTES 27 SECONDS WEST, 465..85 FEET ALONG THE COMMON LINE OF THE ANGLIN AND CARBON CARBON TRACTS TO A FOUND 5/8 INCH IRON ROD ; THENCE NORTH 05 DEGREES 12 MINUTES 01 SECOND WEST, 97.26 FEET ALONG THE SAID COMMON LINE TO THE POINT OF BEGINNING AND CONTAINING 100, 840 SQUARE FEET OR 2.315 ACRES OF LAND. NOTE ; Bearings are based upon true north derived from GPS observations relative to NAD 83, Texas North Central Zone. (SALT ROAD ROW) [OFFI:CIAL RECORD ECRETARY4 OKMH9 TX