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HomeMy WebLinkAboutContract 40069 R corded Electronically CITY SECRETARY t�'1 t:, 11 CONTRACT NQ.- Time Simplifile.com 8TIMO .5657 0�Lk o 0 5�S MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § ORIGINAL § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the -7 day of "2C 0 , 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 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 the�) day of y\A 2 C FA 2010. LESSOR: LESSEE: CITY OF FORT WORTH XTOO�ENERGY INC. By: Fernando Costa By: Edwin S.Ryaai..Jr. Title: Assistant City Manager Its;, Senior Vice President—Laud Administration a4 j���`t? 1 0°00000°0 7P Y ATTEST: �.1b�°e °%0 0 City Secretary c o° a oo°OOOOOOO°oo .per aa��rExa�4�., APPROVED AS TO FORM AND LEGALITY: Assistant City Attdmey Con tract Authorizaatiox Dater Date i .., . .....,___._._ .__....... 1 ACKNOWLEDGEMENTS HE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned, a notary public, on this day personally appeared Fernando Costa, 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 141-161 day of 2010. otary Public,State of Texas My Commission Expires: =- film,�-,ADANIELS Commission Number: SSIONEXPIRES 10,2013 THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned, a notary public, on this day personally appeared Edwin S.Ryan,Jr. , known to me to be the person whose name is subscribed to the foregoing instrument and,that(s)he has executed the same for the purposes and consideration therein expressed. v 1.Ta�M—" Notary Public, State of Texas lExpires: eca®ne�pANiBl2p12 My Commissio yl a. Commission Number: 2 Exhibit A 7.656 acres,more or less,out of the J.P.Heath Survey,A-641,the J.Wilcox Survey,A-1742, the R. Bumett Survey,A-1922,and the J.B.McDermott Survey,A-1063,Tarrant County,Texas, as better described in the following tracts: TRACT 1: 0.710 ACRES,MORE OR LESS,OUT OF THE JOHN F.HEATH SURVEY,A- 641,TARRANT COUNTY,TEXAS,AS DESCRIBED IN TRACT III OF THAT CERTAIN WARRANTY DEED DATED FEBRUARY 5, 1979,FROM OAKMONT JOINT VENTURE, ET AL,AS GRANTORS,TO THE CITY OF FORT WORTH,AS GRANTEE,AND RECORDED IN VOLUME 6858,PAGE 1021,OF THE DEED RECORDS OF TARRANT COUNTY,TEXAS. Part of the John F.Heath Survey,A-641,situated in the southwest part of Fort Worth in Tarrant County,Texas,and embracing a portion of the tract described in the deed, '/4 interest,to Mary E. Hook, l"Parcel,recorded in Volume 2929,Page 102,of the Deed Records of Tarrant County, Texas: BEGINNING at a large set stone,with a'/4 inch iron rod on its east side for the northwest corner of the J.B.McDermott Survey,A-1063,the northwest corner of a tract described in the deed to Terminal Building Corporation of Texas,recorded in Volume 3784,Page 91,of said Deed Records,and a reentrant corner of said IIeath Survey; THENCE South 89°46'20"East,along the north line of said McDermott Survey,and a southerly line of said Heath Survey,for the south line of said Hook tract,336.11 feet to a point for the southeast corner of said Hook tract,and being the southwest corner of the J.Wilcox Survey,A- 1742,and a tract described in the deed to Crawford O.Edwards,recorded in Volume 1129,Page 260,of said Deed Records; THENCE.North 0°13' East,along an easterly line of said Heath Survey and said Hook tract,and the west line of said Wilcox Survey,and said Edwards tract,60.00 feet to a point for corner; THENCE North 89°46'20 West,along a line being 60 feet perpendicular from and parallel to said north line of the McDermott Survey,and said Terminal Building tract,and said southerly line of the Heath Survey,and the south line of said Hook tract,236.10 feet to a point at the beginning of a curve to the left whose radius is 1460 feet; THENCE along said curve to the left 425.02 feet to a pint in said south line of the Hook tract for the northerly line of a tract described in the deed to Oakmont Joint Venture,recorded in Volume 5722,Page 193,"Tract 1,of said Deed Records,the chord of said 425.02 feet are is South 81'53'17"West 423.52 feet; THENCE North 89'58'16"East,along said east line of the Hook tract and the north line of said Oakmont Joint Venture tract,31 8,05 feet to the place of BEGINNING,and containing 0.710 acres. TRACT 2: 2.78 ACRES,MORE OR LESS,OUT OF THE J.WILCOX SURVEY,A-1742, AS DESCRIBED IN"THE FOLLOWING TRACT: Part of the Jacob Wilcox Survey,A-1742,and the J.H.Shultz Survey,A-1941,situated in the southwest part of Fort Worth,Tarrant County,"Texas,and embracing a portion of the tract described in the deed to Crawford O.Edwards,recorded in Volume 1 129,Page 620,of the Deed Records of Tarrant County,Texas: Commencing at a large set stone,with a'/4 inch iron rod on its east side,for the northwest corner of the J.B.McDermott Survey,A-1063,and the northwest corner of a tract described in the deed to Terminal Building Corporation of Texas,and recorded in Volume 3784,Page 91,of said Deed Records,and a reentrant corner of the J.F.Heath Survey,A-641,in the south line of the I"Parcel described in the deed to Mary E.Hook, '/4 interest,recorded in Volume 2929,Page 102,of said Deed Records,and then run South 89°46'20"East along the north line of said McDermott Survey,and the north line of said Terminal Building tract and a southerly line of said Heath Survey,336.11 feet to a point for the southwest corner of said Wilcox Survey and the southwest corner of said Edwards tract,for the southeast corner of said Hook tract,and for the southwest and BEGINNING corner of the tract being described; "THENCE South 89°46'20"East,continuing along said north line of the McDermott Survey and the north line of said Terminal Building tract and the south line of said Wilcox Survey,for the south line of said Edwards tract,to and along the south line of said Shultz Survey,2,431.80 feet, to a point of the southwest corner of Tract l described in the deed to Texas Electric Service r G- ' 3 is Company,recorded in Volume 2794,Page 298,of said Deed Records,and the northwest corner of a tract described in the deed to Texas Electric Service Company,recorded in Volume 2982, Page 217,of said Deed Records;from said point a Texas Electric Service Company concrete monument bears South 37°03'East.50 feet; THENCE North 37°03' West,along the west line of said Texas Electric Service Company tract recorded in Volume 2744,Page 298,of said Deed Records,75.40 feet to a point for corner; Thence North 89°46'20"West,being 60 feet perpendicular from and parallel to said north line of the McDermott Survey,and the north line of said Terminal Building tract,and said south line of the Shultz Survey,and the south line of the Edwards tract,2.386.15 feet to a point in the west line of said Wilcox Survey,and the west line of said Edwards tract and an easterly line of said Heath Survey,and an easterly line of said Hook tract; THENCE South 0°13' West,along said west line of the Wilcox Survey,and said west line of the Edwards tract.. and said easterly line of the Heath Survey,and said easterly line of the Hook tract 60 feet to the place of BEGINNING,and containing 3.320 acres,more or less,of which 2.780 acres are within said Wilcox Survey,and 0.540 acres are within said Shultz Survey,save and except all acreage not located within the J.Wilcox Survey,A-1742,containing 2.780 acres,more or less. TRACT 3: 0.03 ACRES,MORE OR LESS,OUT OF THE R.BURNETT SURVEY,A- 1922,AS DESCRIBED IN THE TRACT THAT FOLLOWS: Part of the J.H. Shultz Survey,A-1941,the J.Burnett Survey,A-1923,and the R.Burnett Survey,A-1922,situated in the southwest part of Fort Worth in Tarrant County,"Texas,and embracing a poition of the tract described in the deed to Crawford O.Edwards,recorded in Volume 1129,Page 620,of the Deed Records of Tarrant County,Texas. Commenting at a large set stone,with a 3/4 inch iron rod on its east side,for the north west corner of the J.B. McDermott Survey,A-1063,and the northwest comer of a tract described in the deed to Terminal Building Corporation of Texas,recorded in Volume 3784,Page 91,of said Deed Records,and in a southerly line of the John F.Heath Survey,A-641,and the south line of a tract described in the deed to Mary E. Hook,11/4 interest, 1St Parcel,recorded in Volume 2929,Page 102,of said Deed Records,and then run,South 89°46'20"East along said north line of the McDermott Survey and the Terminal Building Tract,the said southerly line of the Heath Survey, the said south line of the Hook Tract,to and along the south line of the Jacob Wilcox Survey,A- 1742,the said Shultz Survey,the south line of said Edwards Tract,and the south line of Tract I described in the deed to Texas Electric Service Company recorded in Volume 2794,Page 298,of said Deed Records,and for the northeast corner of a tract described in the deed to Texas Electric Service Company recorded in Volume 2982,Page 217,of said Deed Records,from said point a concrete monument bears South 37°03' East,0.420 feet,said point being for the south-west and BEGINNING corner of the tract being described; TI IENCE South 89°46'20"East,continuing along said north line of the McDermott Survey and the Terminal Building Tract,the south line of said Shultz Survey and said Edwards Tract,and to and along the south line of said J.Burnett Survey,and said R.Burnett Survey, 1,532.6 feet to a point in the westerly line of Hulen Street as it appears upon the Plat recorded in Volume 388-62, Page 24,of the Plat Records of Tarrant County,Texas,said point being in a curve to the right whose radius is 1,264.8 feet; THENCE northeasterly along said curve to the right in said westerly line of Hulen Street,60.08 feet to a point for corner,the chord of said 60.08 feet arc is North 3'10' East,60.08 feet; THENCE North 89°46'20"west,along a line being 60 feet perpendicular from and parallel to said south line of the R. Burnett Survey,J.Burnett Survey,and Shultz Survey,and said south line of the Edwards Tract, 1,581.35 feet to a point in the cast line of said TESCo TRACT recorded in Volume 2794,Page 298,of said Deed Records; THENCE South 37°03' East along said east line of the TESCo Tract recorded in Volume 2794, Page 298,of said Deed Records,75.4 feet to the place of BEGINNING,and containing 2.140 acres,more or less,of which 0.710 acres are within said Shultz Survey, 1.390 acres are in the said J. Burnett Survey,and 0.030 acres are within the said R.Burnett Survey,save and except all acreage not located within the R.Burnett Survey,A-1922,containing 0.030 acres,more or less. TRACT 4: All of those certain strips,tracts or parcels of land situated in the J.B.McDermott Survey,A-1063,Tarrant County,Texas,within the corporate limits of the City of Fort Worth, Tarrant County,texas,being a part of that certain 326.216 acres tract of land described in deed dated March 7, 1963,from George Rashti and Rasco Investment Company,Inc.,to Terminal s'." ' 4 Building Corporation of Texas,predecessor in interest to Grantor herein,recorded in Volume 3784,Page 91,et seq,Deed Records Tarrant County,Texas,and that certain 4.36 acre tract of land described in deed dated April 20, 1956,from Aaron and George Rashti to Texas Electric Service Company,recorded in Volume 2932,Page 217,Deed Records of Tarrant County,Texas, herein used as a reference,and more particularly described in the following tracts: Tract A: 3.846 acres,more or less,out of the J.B.McDermott Survey,A-1063,Tarrant County,Texas,as described as Tract II in that certain Warranty Deed dated February 5, 1979,from Oakmont Joint Venture,et al,as Grantor,to the City of Fort Worth,as Grantee,and recorded in Volume 6768, Page 1406,of the Official Public Records of Tarrant County,Texas,more particularly described as follows: BEGINNING at a%in iron rod marking the northwest corner of said J.B.McDermott Survey and the northwest corner of aforementioned 326.216 acre tract described in deed dated March 7, 1969,recorded in Volume 3784,Page 91,Deed Records of Tarrant County,Texas; THENCE South 59°58' East along the north line of said 326.216 acre tract(also the north line of said J.B. McDermott Survey)a distance of 2,765.04 feet to a concrete monument set at the northwest corner of aforementioned 4.36 acres tract described in deed dated April 20, 1956, recorded in Volume 2932,Page 217,Deed Records of Tarrant County,Texas; TI IENCE South 37°17' East(bearing called south 36°56'in said deed dated April 20, 1956) along the southwest line of said 4.36 acre tract,a distance of 75.45 feet to a point for corner, located 60.0 feet south of and measured at right angles to the said north line of 326.216 acres tract(also the north line of said J.B.McDermott Survey); THENCE North 89°58' West,60.0 feet south of and parallel with the north line of said 326.216 acre tract(also the north line of said J.B.McDermott Survey)a distance of 2,710.77 feet to the beginning of a curve; THENCE southwesterly along a curve to the right having a radius of 1,360.0 feet,the long chord of which bears South 67'53'38"West 100.05 feet,an arc distance of 100.07 feet to point for corner in the west line of said 326.216 acre tract; THENCE north along the west line of said 326.216 acre tract,63.74 feet to the place of BEGINNING,and containing 3.846 acres of land,more or less. Tract B: 0.290 acres,more or less,out of the J.B.McDermott Survey,A-1063,Tarrant County,Texas, being a portion of 2.08 acre tract of land as described as Tract I in that certain Warranty Deed dated February 5, 1978,from Oakmont Joint Venture,et al,as Grantor,to the City of Fort Worth,as Grantee,and recorded in Volume 6768,Page 1406,of the Official Public Records of Tarrant County,Texas,more particularly as follows: BEGINNING at a 5/8 inch iron pin found for common Northwest corner of Lot 1-E,Block 1 Hulen Bend Addition as recorded in Volume 388-182,Page 66,Plat Records,Tarrant County, Texas,and the Northeast corner of Lot 1R1,Block 1,Hulen Bend Addition as recorded in Plat Cabinet A,Slide 7960,Plat Records,Tarrant County,Texas,and being located in the South line of said 2.08 acre tract: THENCE North 013'12"12"East to a point in the north line of said 2.08 acre tract as distance of 60.0 feet to a point for comer; THENCE South 89°4648"East along the north line of said 2.08 acres tract to a point in the north line of said 326.216 acre tract,said point being in the north line of said J.B. McDermott Survey at the northwest corner of that certain 2.582 acres tract of land dedicated for street right- of-way for Hulen Street,shown of plat filed of record in Volume 388-62,Page 26,Plat Records of Tarrant County,Texas,a distance of 209.91 feet,to the beginning of a curve; THENCE southeasterly along the west line of said 2.582 acre tract with a curve to the left(west line of Hulen Street)having a radius of 1,264.80 feet,the long chord of which bears South 3'25'13"East 60.10 feet,an are distance of 60.11 feet to point for corner located 60.0 feet south of measured at right angles to the said north line of said 326.216 acre tract(also the north line of the J.B. McDermott Survey); THENCE North 89'46'48"West along the south line of said 2.08 acre tract a distance of 213.73 feet to the place of BEGINNING,containing 0.290 acres of land,more or less. (Oakmont Blvd.Row IV) t.r; 5