HomeMy WebLinkAboutContract 39845 CITY 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 day of JA N V A et , 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 thell day of J/an►y A2`r, 2010.
LESSOR: LESSEE:
CITY OF FORT WORTH D E PROPERTY S RVICES, L.L.C.
By: By: s�-��. tie ;,,�a..�rn.
Title: Assistant City Manager Its:
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OFFICIAL RECORD
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ACKNOWLEDGEMENTS
THE STATE OF TEXAS §
COUNTY OF T44-kAr'r §
BEFORE ME, �//j] lQ✓ Qit/ the undersigned notary public, on
this day personally appearedAi(/a/d —5791� , 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 o7� day of.Jt�U.�e
2010.
otary Public, State of Texas
My Commission Expires:
.thy
Commission Number: =jA EVONIA DANIELS
*' My COMMISSION EXPIRES
July 10,2013
STATE OF TEXAS §
COUNTY OF — §
§
BEFORE ME, �P''�^'�''r-L /v`` the undersigned notary public, on
this day personally appeared SvS+ 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
2010. (?
air i"'y
•�� �s JEREMIAH PAUL MIKEL
Notary Public,state of Texas
My Commission Expires ary Public State of Texas
Jury 09,2013
My Commission Expires:
Commission Number:
EXHIBIT A
.285 acres of land, more or less, being a portion of Block 10-R, Fort Worth Stockyards Addition
in the City of Fort Worth according to the plat recorded in Volume 388-109, Page 5, Plat
Records, Tarrant County, Texas, and being more particularly described as follows:
BEGINNING at a /4 inch iron in the west line of said Block 10-R, said point being the northwest
corner of Lot 1, Block 10-R in said Addition according to plat recorded in Volume 388-112,
Page 61 of said Plat Records;
THENCE along the north line of said Lot 1, North 89 degrees, 49 minutes, 54 seconds East
110.0 feet to a 5/8 inch iron;
THENCE North 00 degrees, 10 minutes, 25 seconds West 113.0 feet to a 5/8 inch iron;
THENCE South 89 degrees, 49 minutes, 54 seconds West 110.0 feet to a mark "Y" in concrete
in the west line of said Block 10-R;
THENCE along the west line of said Block 10-R, South 00 degrees, 10 minutes, 25 seconds East
113.0 feet to the POINT OF BEGINNING and containing 12,430.0 square feet of land, more or
less.
(Stockyards II)