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HomeMy WebLinkAboutContract 40778 CIN 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 13_ day of J U Ly , 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 LJ day of V L)' , 2010. LESSOR: LESSEE: CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC aiA Ok om imited liability,company By: Fernando Costa By: David G. Brannen Title: Assistant City Manager Its: Land Manager ATTEST: p ®00000 ° o0��� 0 46 City Secretary d o° °.�CId 0 0o pr �a °°0000°0 5 APPROVED AS TO FORM AND LEGALITY: at"-ftX��o�� Y: Assistant City A orney Date: C 0 NO M&C REQUIRED OFFICIAL RECORD 09-14-1 o A10:46 CITY SECRETARY FT.WORTH,TX 1 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, 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 13—day of u lh_ 2010. [SEAL] Notary Public in and for thea,,,...." State of Texas =#' UNDMRAW vAµ s : My Commission Expires: Febn�ery„�A 2014 Print Name of Notary Public Here THE STATE OF OL IKLAHOMA § COUNTY OFRA,f�ARA, § 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 21'day of J�/�,ILA __12010. [SEA Notary Public in and for the poT�ycl State of s _#0eo,0055'= �EXP.10115112o ` mission ENotary '- F P Print Name of Nota Public Here "hgiOF i nOK�`````\ N AL.RECORDECRETARYORTH, TX 2 Exhibit "A" 0.410640 acres, more or less being a 1544 square feet tract, more or less, out of a 19 acre tract of land deeded to the Fort Worth Independent School District by the City of Fort Worth by Warranty Deed dated December 1, 1937, recorded in Volume 1338, Page 601, Deed Records, Tarrant County, Texas, and being out of the John P. Montgomery and J.M.C. Lynch Surveys and being more particularly described as follows; Beginning at the Northwest corner of said tract, being also the Southeast corner of the right-of- way lines of University Drive and West Lancaster Avenue; Thence easterly along the North line of said tract and the South ROW line of West Lancaster Avenue, a distance of 9 feet to a point; Thence South a distance of 40 feet to a point 9 feet East of the point of tangency of a curve in the East ROW line of University Drive and continuing South 124.7 feet for a total of 165 feet to a point; Thence southeasterly along a curve to the left having a radius of 1322.87 feet 94.2 feet to a point in the west property line of said tract, said point being also in the East ROW line of University Drive; Thence northerly along the said West property line along a curve to the right having a radius of 1948.26 feet219.3 feet to the above staked point of tangency; Thence northerly continuing along said West property line 40.3 feet to the place of beginning, and containing 1544 square feet, more or less. (University Drive ROW II) OFFICIAL RECORD CITY SECRETARY FT.WORTH, TX 3