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HomeMy WebLinkAboutContract 39964 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 _Z_ day of MA i C 1- 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 ]eased 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 Z day of N1,42 C H 2010. LESSOR: LESSEE: CITY OF FORT WORTH DALE PROPERVICES, L.L.C. By: Fernando Costa By: OrR Title: Assistant City Manager Its: LC, ATTEST: ,4^4 00000 a'°V�®� ���1 O oo '�� O b M City Secretary -$ Q.�d n o r� APPROVED AS TO FORM AND LEGNT J01300000000 a By Assistant City A rney NO M&C REQUIRED Date: :3lZf i V 1 ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OFTARRANT § BEFORE ME, the undersigned, a notary public, on this day personally appeared Fernando Costa, 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 thisomd,-day of , 2010. tary Public, State of Texas My Commission Expires: Commission Number: '�' u = EVONtgppNS MY COMMISSION FJ(PIRESl Illy 10,2013 STATE OF TEXAS § COUNTY OF ,ry a k § BEFOV E ME, the undersigned, a notary public, on this day personally appeared st,,,-, , 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 8� ` day of 2010. ROBERT W. BUSSEY III --- "c Notary Public,State of Texas W My Commission Expires August 24,2011 Notary Public, tate of Texas My Commission Expires: Commission Number: 2 EXHIBIT A 2.046 ACRES OF LAND, MORE OR LESS, MORE PARTICULARLY DESCRIBED IN THE FOLLOWING TWO TRACTS: 1.046 ACRES OF LAND, MORE OR LESS. OUT OF THE ELLIS LITTLEPAGE SURVEY, ABSTRACT NO. 971, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS IN THAT CERTAIN DEED, DATED FEBRUARY 2ND, 1988, CONVEYED BY JERRY L. THOMAS, TRUSTEE, AS GRANTOR AND THE CITY OF FORT WORTH, AS GRANTEE, AND RECORDED IN VOLUME 9184, PAGE 843, OF THE DEED RECORDS OF TARRANT COUNTY, TEXAS. 1.00 ACRES OF LAND, MORE OR LESS, OUT OF THE ELLIS LITTLEPAGE SURVEY, ABSTRACT NO. 971, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS IN THAT CERTAIN DEED, DATED FEBRUARY 2ND, 1988, CONVEYED BY JERRY L. THOMAS, TRUSTEE, AS GRANTOR AND THE CITY OF FORT WORTH, AS GRANTEE, AND RECORDED IN VOLUME 9184, PAGE 847, OF THE DEED RECORDS OF TARRANT COUNTY, TEXAS. (SOUTHRIDGE PARK) 3