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HomeMy WebLinkAboutContract 40942 CITY SECRETARY 494cl 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 theZ Cv- day of ,(� U Gy S , 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.-2,S-day of AUG V , 2010. LESSOR: LESSEE: CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC a Okla ma limited liability company By: Fernando Costa By: David G. Brannen Title: Assistant City Manager Its: Land Manager ATTEST: 2 �:q.� a(f 000000 00000�d Ola r—a o Q City Secretary 1�� 0��� d VMS 00� 000 00fid APPROVED AS TO FORM AND LEGALITY: ����°°op000000°1yICY� 4r4 '4XPt Assistan�Ci Attey Date: /�� (L NO M&C REQUIRED 09-02-10 P03 :35 IN 10-13-10 AO :53 IN 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 day of 2010. [SEA h Notary Public in and for the %-. LINDA M.HIRRLINGER State of Texas =*; *' My COMMISSION EXPIRES February 2,2014 My Commission Expires: :Tint Name of Notary Public Here THE STATE OF OKLAHOMA § COUNTY OF G h AW Mik J 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. 1.- GIVEN UNDER MY HAND AND SEAL OF OFFICE this I day orf, 2010. [SEA Notary Public in and for the "WEN11111 State of My Commission Expires:= #c8mo55' �= =_O'Pp.,orunz_9`print Name of Notary Public Here 7 Exhibit "A" 1.198 ACRES, MORE OR LESS, BEING LOTS 3, 5 AND 6, BLOCK 2, NORTH RIVERSIDE ESTATES ADDITION AND BEING MORE PARTICULARLY DESCRIBED IN THE FOLLOWING THREE (3) TRACTS: 0.455 ACRES OF LAND, MORE OR LESS, BEING BLOCK 2 LOT 3, OUT OF THE NORTH RIVERSIDE ESTATES ADDITION, AN ADDITION TO THE CITY OF FORT WORTH, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS IN THAT CERTAIN PLAT RECORDED IN VOLUME 388-R, PAGE 47 OF THE DEED RECORDS OF TARRANT COUNTY, TEXAS. 0.371 ACRES OF LAND, MORE OR LESS, BEING BLOCK 2 LOT 5, OUT OF THE NORTH RIVERSIDE ESTATES ADDITION, AN ADDITION TO THE CITY OF FORT WORTH, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS IN THAT CERTAIN PLAT RECORDED IN VOLUME 388-R, PAGE 47 OF THE DEED RECORDS OF TARRANT COUNTY, TEXAS. 0.372 ACRES OF LAND, MORE OR LESS, BEING BLOCK 2 LOT 6, OUT OF THE NORTH RIVERSIDE ESTATES ADDITION, AN ADDITION TO THE CITY OF FORT WORTH, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS IN THAT CERTAIN PLAT RECORDED IN VOLUME 388-R, PAGE 47 OF THE DEED RECORDS OF TARRANT COUNTY, TEXAS. (BLOCK 2,NORTH RIVERSIDE ESTATES ADDN.) 3