HomeMy WebLinkAboutContract 42835 CITY SECRETARY
CONTRACT NO.kTb 3S
MEMORANDUM OF OIL AND GAS LEASE
STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF TARRANT §
BE IT REMEMBERED that on the eA " day of���, 2011, 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 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 th�day of ✓,2011.
LESSOR: LESSEE:
CITY OF FORT WORTH XTO ENERGY
By:Fernando Costa By: Edwin S.Ryan,Jr.
Title:Assistant City Managerionr%
P
jjSr.Vice President—Land Administration
A7 00000000 41
ATTEST: q f) p�*-"0-'9%1
oCity Secretary o *oOoa
APPROVED AS TO FORM AND LEGALITY
By:
Assistant Cit Attorney
Date:
Contract Authorization
Date
OFFICIAL RECORD
1 CITY SECRETARY
FT.WORTH,TX
02-03-12 A08=45 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,]mown 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 I&qday of 2011.
[SEALZL
Notary Public in and for the r: y
State of Texas P''r,„' ;;"' I�yc 10AVECS
Iss
�Y 10,Ro13XPIRES
My Commis�''°n Expires:
�/—,*0 �/_!, Print Name of Notary Public Here
THE STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned, a Notary Public, on this day personally appeared
Edmn S.R". M Jr. ,on behalf of XTO Energy,Inc.,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. om
GIVEN ER MY H A AL OF OFFICE this day of 2011.
[SEAL
tary Pu 1' m dd�for the
S to of`—I �”`J
ESDIEDRA L.NUNEZ
Notary Public
ATE OF TEXAS
Print Name of Notary Public Here m.Exp.01/28/2012
OFFICIAL RECORD
2 CITY SECRETARY
FT.WORTH,TX
EXHIBIT A
0.815 of an acre,more or less,being a called 0.392 of an acre,situated in the Lydia J.Warwick,A-1663,Tarrant
County,Texas,and being more particularly described in the following two(2)tracts of land:
TRACT 1:0.150 of an acre,more or less,being called 0.100 of an acre,being a portion of Lots 8 and 9,Block 11,
South Hemphill Heights Addition,an Addition to the City of Fort Worth,Tarrant County,Texas,according to the
Plat thereof recorded in Volume 106,Page 132,Plat Records,Tarrant County,Texas,and being more particularly
described by metes and bounds in that certain Warranty Deed dated December 1, 1921,from T.A.Fraser,a single
man, to the City of Fort Worth, a municipal corporation, as recorded in Volume 734, Page 12, Official Public
Records,Tarrant County,Texas;and
TRACT 2:0.665 of an acre,more or less,being a called 0.292 of an acre,being Lots 10, 11 and 12,Block 11,South
Hemphill Heights Addition, an Addition to the City of Fort Worth, Tarrant County, Texas according to the Plat
thereof recorded in Volume 106, Page 132, Plat Records, Tarrant County, Texas, and being more particularly
described in that certain Warranty Deed,dated November 30,1921,from A.W.Walker,joined by his wife,Dora E.
Walker,to the City of Fort Worth,a municipal corporation,as recorded in Volume 721,Page 250,Official Public
Records,Tarrant County,Texas.
(ADAMStLOWDEN ROW)
(PAGE STREET B UNIT)
3
M&C Review Page 1 of 2
OfBdal site of the City of Fort Worth,Texas
CITY COUNCIL AGENDA
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, (M&C 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 MJWBE 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
dedleeled pett"k properties under five acres if opposition to conversion is expressed by citizens in the
affected neighborhood or a Council Member requests such consideration.
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/Acgount/Centers
Submitted for Clty Manager's Office by: Fernando Costa (6122)
Originating Department Head: Susan Alanis (8180)
Additional Information Contact: Jean Petr(8367)
ATTACHMENTS