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HomeMy WebLinkAboutContract 40509 CITY SECRETARY CONTRACT NO. o�.�. 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 M /� `� , 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 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. Executed this the 11 day of , 2010. LESSOR: LESSEE: CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC, an Oklaho 1 • mited liability company �~ �e- By: Fernando Costa By: David G. Brannen Title: Assistant City Manager Its: Land Manager ATTEST: pp�'F® T A' �o 00 c d 1 QOA 0, .71ao o� (j ity Secretaryd~Q a� � o0 0' d }a o o �' APPROVED AS TO FORM AND LEGALITYa� 0 000000 � �54a�d ay. B �G- Assistant City ALtoxtfey Date: U iIt1D NO M&C Q OFFICIAL RECORD CITY SECRETARY FT. WORTH,TX 06-28-10 A11 :48 IN 1 ACKNOWLEDGEMENTS THE 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 acknowledged that he has executed the same for the purposes and consideration therein expressed. y GIVEN under my hand and seal of office this l/ day of , 2010. tary Public, State o Texas My Commission Expires: : EVONIA DANIELS Commission Number: _' '= MY COMMISSION EXPIRES 3f,',pti July 10,2013 STATE OF OKLAHOMA § COUNTY OF OH M R0 § BEFORE ME, the un ersigned, a notary public, on this day personally appeared �( known to me to be the person whose name is subscribed to the foregoing instrument a acknowledged that (s)he has executed the same for the purposes and consideration therein expressed. �. GIVEN under my hand and seal of office this_ZQ_day of , 2010. ,.i.rrrr,rr„ " Notaty Public, State of Oklahoma :•`•k 08010055 I; My Commission Expires: _ .EXP.,°"5„2:x` Commission Number: --.,F ' B` ,..�rrrrrrlpurUO OFFICIAL RECORD CITY SECRETARY FT WORTH,TX EXHIBIT A Being a tract of land out of the E. Jones Survey, Abstract No. 841, and the J.H. Cole Survey, Abstract No. 317, Tarrant County, Texas conveyed to Louise Livingston by deed recorded in Volume 8781, Page 383, and Quit Claim Deed recorded in Volume 9928, Page 1992, Deed Records, Tarrant County, Texas, and being more particularly described as follows: BEGINNING at a point in the center line of Queen Street, North 89 degrees, 51 minutes, 04 seconds East 29.90 feet from the south east corner of Lot 6, Block 1, Hollowbrook Addition, shown by Plat recorded in Volume 288-17, Page 18, Deed Records, Tarrant County, Texas; THENCE North 89 degrees, 51 minutes. 04 seconds East. 260.45 feet to a point for a corner; THENCE South 00 degrees, 01 minutes, 25 seconds East 167.50 feet to a point for a corner in the south line of a closed street, as recorded in Volume 9928, Page 1992, Deed Records, Tarrant County, Texas, and the north line of Lot 7, Block F, Broad Acres Addition as per plat recorded in Volume 388-140, Page 71, Deed Records, Tarrant County, Texas; THENCE North 89 degrees, 45 minutes, 43 seconds West along said south line of closed street a distance of 240.00 feet to the beginning of a curve of which the center line bears North 00 degrees, 14 minutes, 17 seconds West, 2,403.60 feet; THENCE along said south line of closed street and said curve an arc distance of 99.34 feet to a point for a corner; THENCE North 87 degrees, 51 minutes. 17 seconds West, 60.36 feet to a point for a corner; THENCE North 00 degrees, 01 minute, 25 seconds West, 25.00 feet to a point for a corner; THENCE North 87 degrees, 51 minutes, 17 seconds West, 18.59 feet to the beginning of a curve of which the center bears South 02 degrees, 08 minutes, 43 seconds West, 2,747.40 feet; THENCE along said curve through a central angle of 00 degrees, 41 minutes, 25 seconds an arc distance of 33.10 feet to a point for a corner and the beginning of a curve of which the center bears South 60 degrees, 11 minutes, 41 seconds West, 50.00 feet; THENCE along said curve through a central angle of 20 degrees, 33 minutes, 07 seconds an arc distance of 17.93 feet to a point for a corner; THENCE North 40 degrees, 35 minutes, 54 seconds East, 21.74 feet to a point for a corner; THENCE North 71 degrees, 20 minutes, 25 seconds East, 133.2 feet to a point for a corner; THENCE North 51 degrees, 11 minutes, 41 seconds East, 79.17 feet to a point for a corner; THENCE North 02 degrees, 15 minutes, 01 seconds East, 14.75 feet to a point of beginning, and containing 60,599 square feet or 1.391 acres of land, more or less. (Kemble Street ROW) OFFICIAL RECORD CITY SECRETARY FT;WORTH,TX 3