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HomeMy WebLinkAboutContract 38396 CITY Srr'gETAr' 3q� MEMORANDUM OF OIL AND GAS EA9L'' NO STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the day of , 2009, 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 theme day of Al4tZ C N , 2009. LESSOR: LESSEE: CITY OF FORT WORTH DALE PROPERTY SERVICES, L.L.C. By: Fi,,n,.JaCas2a By: h:kt _16.1:afo ro Title: Assistant City Manager Its: TTEST: Y� City Secretary NO M&C*EQUIRED APPROVED AS TO FORM AND LEGALITY: Assistant City orney Date: 04-03-09 P03 :51 IN RECORD '�ITY SECRETARY 03-24-09 P01 :29 IN 1 ACKNOWLEDGEMENTS THE STATE OF TEXAS` § COUNTY OF l �i��� § BEFORE ME, the undersigned notary public, on this day personally appeared „«�,�(°15-xtg�— , known to me to be the person whose name is subscribed 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 day of ji-r -'' , 2009. Notary Public, State of Texas My Commission Expires: 'epi•; IiETfIE LANE Commission Number: �` MY COMMISSION EXPIRES July 26,2011 STATE OF TEXAS § T R1,A AIT- § COUNTY OF § BEFORE ME, �,�rash l t.,�'�Q the undersigned notary public, on this day personally appeared M,ke G 1.G M tv , known to me to be the person whose name is subscribed 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 � � day of E 2009. """ BRADLEY ZHANEL Notary Public,State of Texas My Commission Expires -° June 09,2010 No c, State of Texas My Commission Expires: Commission Number: QFFICIAL RECQRr SECRETA P, iYORm, 2 t EXHIBIT A .532 acres of land, more or less, being a tract of land out of the John Thornhill Survey, Abstract 1519, Tarrant County, Texas, being more particularly described by metes and bounds in that certain Condemnation dated March 23, 1965, by and between the City of Fort Worth VS. the Estate of E. F. "Buck" Russell, recorded as Cause Number 61781, of the Probate Records of Tarrant County, Texas. Of-FICIAL RECORD CITY SECRETARY WORTH, 3