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HomeMy WebLinkAboutContract 40845 CITY SECRETARY COWMCT NO,_�4�S MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § J BE IT REMEMBERED that on the day of S 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 day of 5 F `' k _. 2010. LESSOR: LESSEE: CITY OF FORT WORTH DALE PROPERTY SERVICES, L.L.C. U By: Fernando Costa pF' o° 00op, py: n\ey M �Felro Title: Assistant City Manage�o° °omi `ts: V 0 c� o gsd J� ° 0 d ATTEST: �� D°Q o°° Tky �[� p Q,OQ° r �a4 N0 IV &C [�:;t City Secretar �--.-- - `� APPROVED AS TO FORM AND LEGALITY: By. Assistant Cit /orney Date: I 7 1 ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OFTARRANT § BEFORE ME, the undersigned, a notary public, on this day personally appeared Fernando Costa, Assistant City Manager, 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 L�& day of 2010. Notary Public, State of Texas My Commission Expires: :; '� .. Es F,foNl�4,A1a{ELS P"] Commission Number: y�� ,,,i; STATE OF TEXAS COUNTY OF I A kR A N T BEFORE ME, the undersigned, a notary public, on this day personally appeared 1'`r L-e z M. known to me to be the person whose name is subscribed ibed 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 Z1-,A day of 2010. NotaVlblic, to Texas My Commission Expires: Commission Number: CESAR H. MANCINAS Notary Public,State of Texas '• •'tie My Commission Expires March 15, 2014 EXHIBIT A 0.267 of an acre, more or less, being a called 0.026 of an acre, being all of Block 136-13, Belmont Park Addition, an Addition to the City of Fort Worth, Tarrant County, Texas, and being more particularly described in that certain Warranty Deed, dated August 21, 1967, from May Pearl Sims to the City of Fort Worth, as recorded in Volume 4451, Page 782, Official Public Records, Tarrant County, Texas. (Block 136-13, Belmont Park Addition) 3