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HomeMy WebLinkAboutContract 39540 CITY SECRETARY CONTRACI NO 4 MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the k-L_ day of AJ6 V F_-m 43 F_(Z___ , 2009, 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 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_ZL day of/i p V FM Q%,2009. LESSOR: LESSEE: CITY OF FORT WORTH FOUR SEVENS ENERGY CO, LLC By: �-Jwn D ?D.5!bA_ By: )tel Title: Assistant City Manager Its: ATTEST: NO M&C REQUIRED City Secret APPROVED AS TO FORM AND LEGALITY: By. GLIA Assistant City /orney Date: �l � ` D`� OFFICIA REC ORD CITY SECRETARY FT. WORTH, TX 1 ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OFTARRANT § BEFORE ME, I S 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. 111' GIVEN under my hand and seal of office this day of 2009. 14otary Public, State of Texas My Commission Expires: Commission Number: ;�^�' EVW41A DANIELS MY COMMISSION CXP!FES July 10,2013 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, bc"I'c� 2 `�S the undersigned notary public, on this day personally appeared—Vu , 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 LU 2009. Notary Public, State of Texas My Commission Expires: Commission Number: rDAVID R. MOSS .-15 � MY COMMISS ON EXPIRES 1. G, y.�. Fy,fJ UC 059 19,2010 OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX EXHIBIT A 0.4443 acres of land, more or less, out of the E. Ellis Survey, A- 462, further described as follows: Lot 4, Block 3, in Troy Eubank Addition to the City of River Oaks, Tarrant County, Texas, according to plat recorded in Vol. 388-H, page 173, Deed Records of Tarrant County, Texas. Lot 3, Block 3, Troy Eubank Addition to the City of River Oaks, Tarrant County, Texas. SAVE AND EXCEPT: BEING a portion of Lot 3, Block 3, Troy Eubank Addition to the City of River Oaks as filed in Volume 388-H, Page 173 of the Deed Records of Tarrant County, Texas; and being more particularly described by the following metes and bounds: Beginning at a '/2" iron pin found for the Northeast corner of Lot 3, Block 3, Troy Eubank Addition as described in a deed to the City of Fort Worth recorded in Volume 2381, Page 239, Deed Records of Tarrant County, Texas; Thence South along the West right of way of Troy Court for a distance of 40.00 feet to a 5/8" iron pin set with a red cap stamped CITY OF FORT WORTH SURVEY SECTION; Thence West departing the West right of way of Troy Court for a distance of 68.00 feet to a 5/8" iron pin set with a red cap stamped CITY OF FORT WORTH SURVEY SECTION; Thence North 52 degrees 51 minutes 57 seconds West for a distance of 66.31 feet to a '/" iron pin found for the Northwest corner of Lot 3, Block 3, Troy Eubank Addition, Thence South 89 degrees 59 minutes 10 seconds East along the common property line for Lots 2 & 3, Block 3, Troy Eubank Addition for a distance of 120.86 feet to the POINT OF BEGINNING and containing 3778 square feet or 0.0867 acres of land more or less. (Troy Court Easement) OFFICIAL. RECORD CITY SECRETARY FT. WORTH, TX 3