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HomeMy WebLinkAboutContract 43940 CITY SECRETARY CONTRACT NO. 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 ,, 2012, 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. F! Baa Executed this the! 1`lay ofL012. 49.4 00,000000,Q0�e o � LESSOR: ATTEST: o° o CITY OF FORT WORTH 0 ° 00 0° da 000000p00 q' Fernando Costa it Secret r Assistant City Manager APPROVED AS TO FORM AND LEGALITY: I . M R- aeu-�qjov Assistan ity Attorney moo 11-30-12 P03:38 IN 11-06-12 PO4:37 IN 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(-' day of///�1�A�_ 2012. [SEA - jiL4a Notary Public in and for the REIEEI State of TexasSPIRES My Commission Expires: ' Print Name of Notary Public Here LESSEE: CHESAPEAKE EXPLORATION, LLC an Oklahoma limited liability company V e444� David G. Brannen Land Manager THE STATE OF OKLAHOMA § COUNTY OF § BEFORE ME, the undersigned, a Notary Public, on this day personally appeared David Brannen, Land Manager, on behalf of Chesapeake Exploration, L.L.C., an Oklahoma Limited Liability Company, 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 J'day of I e 'c 52012. nuwy4q„y � � Notary Pu 1 c in and for the aOrs;. State of l�i& PO zoo�o3s wm All My Cossion Expires: 2�`1�` 9� ��'P� GYM �C�1ra c � Print Name of Notary Public Here �tyy��OF'nOn �r` EXHIBIT A 0.384 ACRES, MORE OR LESS, BEING PARTS OF THE E. P. PARRIS SURVEY, CITY OF FORT WORTH,TARRANT COUNTY,TEXAS. Tract 1: Being a portion of land along the west side of Tract 5G in the E. P. Parris Survey in the City of Fort Worth, Tarrant County, Texas, as recorded in Volume 3736, Page 484 of the Deed Records of Tarrant County,Texas, and being more particularly described as follows: BEGINNING at the northwest corner of Tract 5H of the E. P. Parris Survey; THENCE,North along said survey line and west line of said Tract a distance of 100 feet; THENCE, South 86 degrees 30 minutes East a distance of 38.68 feet to a 5/8 inch iron pin in the southwest corner of Lot 3,Block 1,Naomi Addition; THENCE, South 0 degrees 02 minutes East 25 feet east of and parallel to the base line of Hartman Street a distance of 100 feet to the south line said Tract; THENCE,North 86 degrees 30 minutes West along the common line between Tract 5H and 5G a distance of 38.62 feet to the place of beginning and containing 3865 feet,more or less. Tract 2: Being a portion of land along the west line of Tract 5I in the E. P. Parris Survey in the City of Fort Worth, Tarrant County, Texas, as shown by description in a deed recorded in Volume 2977, Page 142 of the Deed Records of Tarrant County and being more particularly described as follows: BEGINNING at a point in the west line of the E. P. Parris Survey, 215.45 feet north of the north right-of-way line of the Mansfield Highway; THENCE, North along said survey line and west line of said Tract a distance of 100 feet to the north line of said Tract; THENCE, South 86 degrees 30 minutes East along the north line of said Tract a distance of 38.57 feet; THENCE, South 0 degrees 02 minutes West along a line 25 feet east of and parallel to the base line of Hartman Street as shown on Paving Plan Number K-421 on file in the Public Works Department of the City of Fort Worth,Texas,a distance of 100 feet to an iron pin in the south line of said Tract; THENCE, North 86 degrees 30 minutes West along the south line of said Tract a distance of 38.51 feet to the place of beginning, and containing 3854 square feet of land in all, of which approximately 1800 square feet is in public use, leaving a net are of 2054 square feet of land, more or less. Tract 3: Being a portion of Tract 5H of the E. P. Parris Survey in the City of Fort Worth, Tarrant County, Texas as shown by description contained in a deed recorded in Volume 2323, Page 438 of the Deed Records of Tarrant County, Texas and being more particularly described as follows: BEGINNING at a point in the west line of the E. P. Parris Survey, said point being the northwest corner of Tract 5I as shown on Paving Plan Number K-421 on file in the Public Works Department of the City of Fort Worth,Texas; THENCE, South 86 degrees 30 minutes East along the common line between Tracts 5H and 5G a distance of 38.62 feet; THENCE, South 0 degrees 02 minutes West 25 feet east of and parallel to the base line of Hartman Street a distance of 100 feet to the south line of said Tract; THENCE, North 86 degrees 30 minutes West along the common line between Tract 5I and 5H a distance of 38.57 feet to the place of beginning, and containing 3860 square feet of land in all of which 1800 square feet is in public use, leaving a net area of 2060 square feet of land,more or less. (HARTMAN ROW) (McCULLEY-PARIS UNIT) ' M&C Review ® ® Pagel of 2 official site of the City of Fort Worth,Texas CITY COUNCIL AGENDA �`�H 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, (MSC 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 Managers 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 dediested-perk properties under five acres if opposition to conversion is expressed by citizens in the affected neighborhood or a Council Member requests such consideration. http://apps.cfwnet.org/council_packet/mc review.asp?ID=12668&councildate=ll/17/2009 02/01/2012 M&C Review 0 • 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 hrn,•//annc efwnPt nro/ennncil narket/mc review_asn?1T)=12668&councildate=1l/17/2009 02/01/2012