HomeMy WebLinkAboutContract 42600 RECORDED ELECTRONICALLY CITY SECRETARY
ID: D211278315 CONTRACT NO. 4V006
County: TARRANT
Date:Nov. 16,2011 Time: 11:13 AM
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 ,2011, a Paid Up Oil
and Gas Lease was made and entered int y 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 XTO Energy Inc., 810 Houston
Street,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 as-Delay of ,2011.
LESSOR: LESSEE:
CITY OF FORT WORTH XTO ENERGY INC.
By:Fernando Costa 4�a �a� Edwin S.Ryan,Jr.
Title:Assistant City Manager o%fIP✓� Z Sr.Vice President—Land Administration
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ATTEST: 0�°o 0Jd
City Secretary ¢� ,°°'rd
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APPROVED AS TO FORM AND LEGALITY: Contract Authoriaatioa
By: NILAAM R_ i je L14 Date
Assistant City Attorney
Date: (�• 02
OFFICIAL RECORD
1 CITY SECRETARY
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,
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.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this ass day of 6M�612, 2011.
[SEA
� �Z
Notary Public in and for th
State of Texas
` EVONIADANIELS
"y COMMISSIUtd EXPIRES
July 10,2013
My C011111'3SS.o..Expires:
77—/o- L3 Print Name of Notary Public Here
THE STATE OF TEXAS §
COUNTY OF TARRANT §
FORE M e un rJsigned, a Notary Public, on this day personally appeared
'Edwin ^ Qll,y(, y ' ld(�LW)l�hi Sf�Q�itJn,on behalf of XTO Energy,Inc.,known to me to be
the person whoT me is subscribed to the foregoing instrument and,that be has executed the same for
the purposes and consideration therein expressed. '`,
GIVEN UNDER MY HAND AND SEAL OF OFFICE this_, r�`day of_ U U`by)tclr,2011.
[SEAL
CaLAJL(. as 6-4L Ofiotary Public in and for the
State of 't:"-°s;..CHAI:LF1 F.WILKES
NOTARY FLUIC STATE OF TEXAS
t m'• irk LOMM'..SSION EXPIPEa.
My Commission Expires: ' Elf o3-os-zo+a
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3 S -12— Print Name of Notary Public Here
OFFICIAL RECORD
2 CITY SECRETARY
11-22-11 A10:ft WbRTH,TX
Exhibit A
0.021 of an acre,more or less,situated in the Joshua N.Ellis Survey,A-463,Tarrant County,Texas,being a
portion of Lot 14, Jersey Hill Addition,according to the Plat thereof recorded in Volume 63,Page 57,Plat
Records,Tarrant County,Texas,and being more particularly described in that certain Warranty Deed dated
June 26,1984,from Ralph Simmons and wife,Maria Simmons,to the City of Fort Worth,as recorded in
Volume 7895,Page 228,Official Public Records,Tarrant County,Texas.
(Allen Ave ROW VI)
(WESTCO B UNIT)
3
M&C Review Page 1 of 2
Official site of the City of Fort Worth,Texas
CITY COUNCIL AGENDA FORTTf1
COUNCIL ACTION: Approved As Amended on 11/17/2009 -Amendment is Highlighted in Yellow
DATE: 11/17/2009 REFERENCE NO.: L-14889 LOG NAME: 06ADMIN
LEASES
CODE: L TYPE: NON-CONSENT PUBLIC NO
HEARING:
SUBJECT: Authorize Administrative Approval and Execution of Leases for Natural Gas Drilling Under
City-Owned Properties of Five Acres or Less in Size
RECOMMENDATION:
It is recommended that the City Council authorize the City Manager to approve and execute leases
for natural gas drilling under City-owned properties that are five acres or less in size.
DISCUSSION:
On January 18, 2007, (MBC G-15588) Fort Worth City Council authorized the City Manager to
approve and execute leases for natural gas drilling under City-owned non-park properties that are two
acres or less in size.
From time to time, the City is asked to lease isolated City-owned properties in various locations that
are five acres or less. City staff is recommending that gas leases for these properties be
administratively approved for natural gas drilling leases after evaluation of the gas company's drilling
plan, reputation, financial status, project team and compliance history by staff and the City's mineral
asset management consultant, Midkiff Oil and Gas. The leases would be executed through an
internal administrative process involving the Planning and Development Department, the City
Attorney's Office and the City Manager's Office.
The purpose of this change is to allow staff to negotiate and expedite processing of small leases in
order to ensure that the City is not excluded from units due to the time necessary for City Council
review.
Requirements and guidelines to be followed in determining eligibility for inclusion in the Administrative
Gas Lease Process are as follows:
City-owned property five acres or less;
No surface use of any kind;
No identified adverse impact to the surrounding neighborhood;
Compliance with the City's gas drilling ordinance;
Minimum bonus to be determined by current market rate;
Minimum royalty of 25 percent;
The distribution of lease bonus and royalties will be in accordance with the revenue distribution
policy approved by the City Council; and
No M/WBE goal will be required due to the size of the parcels.
The lease will be presented to City Council for consideration prior to execution for any City owned
dedieated-pproperties under five acres if opposition to conversion is expressed by citizens in the
affected neighborhood or a Council Member requests such consideration.
littp://apps.cfwnet.org/council_packet/mc_review.asp?ID=12668&councildate=l l/17/2009 11/22/2011
M&C Review Page 2 of 2
FISCAL INFORMATION/CERTIFICATION:
The Financial Management Services Director certifies that this action will have no material effect on
City funds.
TO Fund/Account/Centers FROM Fund/Account/Centers
Submitted for City Manager's Office by- Fernando Costa (6122)
Originating Department Head: Susan Alanis (8180)
Additional Information Contact: Jean Petr(8367)
ATTACHMENTS
http://apps.cfwnet.org/council_packet/mc review.asp?ID=12668&councildate=11/17/2009 11/22/2011