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HomeMy WebLinkAboutContract 39538 CITY SECRETARY C ONTRACT 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 day of A10 1/F_M g g k , 2009, a Paid Up Oil and Gas Lease was made and entered into y 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 FOUR SEVENS ENERGY CO., LLC, 201 Main Street, Suite 1455, Fort Worth, Texas 76102, 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--I day ofA1L*rVFM OfA,,2009. LESSOR: LESSEE: CITY OF FORT WORTH FOUR SEVENS ENERGY CO, LLC By: By• Title: Assistant City Manager Its: ATTEST: "tc�4,)AAz City Secretary NO M&C REQUIRED APPROVED AS TO FORM AND LEGALITY: -7�By Aa-, / (--)� Assistant City A ,,orrney Date: ` e, ()'7 OFFICIAL REJTX CITY SECRE FT.WORT 1 s ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OFTARRANT § BEFORE ME, i the undersigned notary public, on this day personally appeared , 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 kova7glex , 2009. otary Public, State of Texas My Commission Expires: EVOMA mas Commission Number: MY COMMISSION EXPIRES J19Y 10,2013 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, 0.,u I c� R 1 vtA the undersigned notary public, on this day personally appeared , 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 M3-t OJQ 2009. Notary Pu lic, State of Texas My Commission Expires: Commission Number: ZO%YP�B4� DAVID R.:MOSSMY COMMISS. PIRESOMOBER0 N ICIAL RECORDY SECRETARY,WORTH,TX 2 Exhibit "A" .899 acres of land, more or less, out of the E. Ellis Survey, A-462, and further described as the two(2)tracts as follows: Tract 1: .512 acres of land, more or less, out of the E. Ellis Survey, A-462, conveyed to the City of Fort Worth by Warranty Deed in Volume 2485, Page 516, Deed Records, Tarrant County, Texas as Lots 39-C, 39-D and the South 25 feet of Lot 39-B, a revision of Lot 39, Westside Acres addition to the City of River Oaks, Tarrant County, Texas and further described as follows: Lot 39, Westside Acres Addition to the City of River Oaks, Tarrant County, Texas. SAVE AND EXCEPT: BEGINNING at the Northwest corner of said Lot 39; THENCE East along the north line of Lot 39, 102.3 ft. to the Northeast corner of Lot 39; THENCE South along the east lot line, 164.3 ft. to a point for corner; THENCE West 102 ft. more or less to a point in the west line of Lot 39; THENCE North along the west lot line, 163 ft. to the place of beginning. Tract 2: .387 acres of land, more or less, out of the E. Ellis Survey, A-462, further described as follows: Being the South 135 feet to Lot 40, Westside Acres Addition, being more particularly described by metes and bounds in that certain deed dated October 7, 1952, from Louis Benton and wife, Dorothy Jane Benton, as Grantor to the City of Fort Worth, as Grantee recorded in Volume 2485, Page 514 of the Official Public Records of Tarrant County, Texas. (Churchill Road Storm Drain) N L RECORDCRETARYRTH,TX 3