HomeMy WebLinkAboutContract 40952 CITY SECRETARY
CONTRACT NO. 40951),
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 �' , 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 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 the.�day of S V:9-r, , 2010.
LESSOR: LESSEE:
CITY OF FORT WORTH DALE PROPERTY SERVICES, L.L.C.
By: Fernando Costa By: ler n►, T• ��'w�-�`r.+
Title: Assistant City Manager ®manna {/:eG ?..e 16o-aa.. f.
ATTEST: p�o° 0
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City Secretary Q 006 o° =d
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APPROVED AS TO FORM AND LEGALITY: D
NO M&C REQUIRED
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Assistant Ci orney
Date: u�( O
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ACKNOWLEDGEMENTS
THE STATE OF TEXAS §
COUNTY OFTARRANT §
BEFORE ME, the undersigned, a notary public, on this day personally appeared
Fernando Costa, Assistant City Manager, 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.
GIVEN under my hand and seal of office this au day of, ,
2010.
ROSEW4 BARNES
* '= MY CQMMISSION EXPIRES
March 31,2013 i
Notary Public, State of Texas
My Commission Expires:
Commission Number:
STATE OF TEXAS §
COUNTY OF
BEFORE ME, the undersigned, a notary public, on this day personally appeared
L. a 1 known to me to be the person whose name is
subscribe 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 �.-. ,
2010.
z
Notary Public, State of Texas
My Commission Expires: /4
Commission Number: 03M-1",
CHANCE ALIEN CHANDLER
?•°•' �'"'= Notary Public,State of Texas
My Commission Expires
May 06, 2014
2
EXHIBIT A
3.52 acres, more or less, situated in the S.A. & M.G. Railroad Survey, A-1463 being
Lot 1, Block 20 of the South Meadow Addition, an Addition to the City of Fort Worth,
Tarrant County, Texas.
(South Meadows Park)