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Home My WebLink AboutContract 41486 CIN SECRETARY CONTRACT NO. 4 )-02-, MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § r BE IT REMEMBERED that on the day of , 201/, a Paid Up Oil and Gas Lease was made and entered into by and between the CITY F F(3RT WORTH, a home rule municipal corporation of the State of Texas, 1000 Throckmorton Street, Fort Worth, Texas 76102, hereinafter called "(LESSOR)"; and XTO Energy Inc., 810 Houston Street, 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. 1 Executed this the day of d"o I/ LESSOR: LESSEE: CITY OF FORT WORTH XTO ENERGY INC. a,,/ 0 ,.-�- By: Fernando Costa B Edwin S.Ryan,Jr. Title: Assistant City Manager a,�4�®� Sr.Vice President-Land Administration ^� ®o� 0 ° Opp00O �YY ATTEST: PA0 U O O �f City Secretary A °°° -0 <{ �a44.ka aY APPROVED AS TO FORM AND LEGALITY:. —146 I 6 Contract Authorization Assistant Ci7/;y mey Date Date: G OFFICIAL RECORD CITY SECRETARY FT.WORTH, TX ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME,the undersigned, a Notary Public, on this day personally appeared Fernando Costa, Assistant City Manager of the City of Fort Worth, a home-rule municipal corporation of the State of Texas, known to me to be the person whose name is subscribed to the foregoing instrument and, that he has executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of Mu"T_20+(3 [SE Notary Public in and for the '��' ,_ LINDA M.liRRLINGER State of Texas py ,,=' M'COMMISSION EXRREs '•'•�;;,�� Februjuy 2,2014 my My Co ssion Expires: A as 1 4 Print Name of Notary Public Here THE STATE OF TEXAS § COUNTY OF TARRANT § �B E, the undersigned, a Notary Public, on this day personally appeared on behalf of XTO Energy, Inc., known to me to be the person whose ane is subscribed to the foregoing instrument and, that he has executed the same for the purposes and consideration therein expressed. in I GIVEN UNDER MY HANPAND SEAL OF OFFICE this day of , 201 . [SEAL Notary Pna� for the State of My Co ssion Expires: .2 ba Print Name of Notary Public Here ��arq DEDRA L.NUNEZ Notary Public t STATE OF TEXAS OF My Comm.Exp.0112812012 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX 2 Exhibit A 0.2373 of an acre,more or less, situated in the Peter T. Welch Survey,A-1643, Tarrant County,Texas, and being more particularly described in the following three(3)tracts: TRACT 1: 0.1048 of an acre,more or less,being a called 0.0572 of an acre,and being a portion of Block 32, Tucker's Addition, according to the Plat recorded in Volume 63, Page 124, Plat Records, Tarrant County, Texas, and being more particularly described in that certain Warranty Deed, dated September 3, 1975 from W.R. Childress Oil Company, Inc. to the City of Fort Worth as recorded in Volume 5883, Page 104, Official Public Records,Tarrant County, Texas; TRACT 2: 0.0694 of an acre,more or less,being a called 0.0379 of an acre, and being a portion of Block 32,Tucker's Addition, according to the Plat recorded in Volume 63, Page 124, Plat Records, Tarrant County,Texas, and being more particularly described in that certain Warranty Deed, dated July 16, 1975, from Bertie Mae Hardin, Individually and as Independent Executrix of the Estate of Fred Edward Hardin, deceased to the City of Fort Worth, Texas a municipal corporation as recorded in Volume 5865, Page 320, Official Public Records,Tarrant County,Texas; and, TRACT 3: 0.0631 of an acre, more or less,being a called 0.0344 of an acre, and being a portion of Block 32,Tucker's Addition, according to the Plat recorded in Volume 63, Page 124,Plat Records, Tarrant County,Texas, and being more particularly described in that certain Warranty Deed, dated May 28, 1975 from Joseph L. Moseley to the City of Fort Worth,Texas as recorded in Volume 5834, Page 761, Official Public Records, Tarrant County,Texas. (PENNSYLVANIA AVENUE ROW II) OFFICIAL RECORD CITY SECRETARY 3 FT. WORTH,TX M&C Review Pagel of 2 Official site of the City of Fort Worth,Texas CITY COUNCIL AGENDA FORT WORTH COUNCIL ACTION: Approved As Amended on 11/17/2009 -Amendment is Highlighted in Yellow DATE: 11/17/2009 REFERENCE NO.: L-14889 LOG NAME: 06ADMIN LEASES CODE: L TYPE: NON-CONSENT PUBLIC NO NO SUBJECT: Authorize Administrative Approval and Execution of Leases for Natural Gas Drilling Under City-Owned Properties of Five Acres or Less in Size RECOMMENDATION: It is recommended that the City Council authorize the City Manager to approve and execute leases for natural gas drilling under City-owned properties that are five acres or less in size. DISCUSSION: On January 18, 2007, (M&C G-15588) Fort Worth City Council authorized the City Manager to approve and execute leases for natural gas drilling under City-owned non-park properties that are two acres or less in size. From time to time, the City is asked to lease isolated City-owned properties in various locations that are five acres or less. City staff is recommending that gas leases for these properties be administratively approved for natural gas drilling leases after evaluation of the gas company's drilling plan, reputation, financial status, project team and compliance history by staff and the City's mineral asset management consultant, Midkiff Oil and Gas. The leases would be executed through an internal administrative process involving the Planning and Development Department, the City Attorney's Office and the City Manager's Office. The purpose of this change is to allow staff to negotiate and expedite processing of small leases in order to ensure that the City is not excluded from units due to the time necessary for City Council review. Requirements and guidelines to be followed in determining eligibility for inclusion in the Administrative Gas Lease Process are as follows: City-owned property five acres or less; No surface use of any kind; No identified adverse impact to the surrounding neighborhood; Compliance with the City's gas drilling ordinance; Minimum bonus to be determined by current market rate; Minimum royalty of 25 percent; The distribution of lease bonus and royalties will be in accordance with the revenue distribution policy approved by the City Council; and No M/WBE goal will be required due to the size of the parcels. The lease will be presented to City Council for consideration prior to execution for any City owned deelieeteel p&*properties under five acres if opposition to conversion is expressed by citizens in the affected neighborhood or a Council Member requests such consideration. http://apps.cfwnet.org/council_packet/mc_review.asp?ID=12668&councildatc=l l/17/2009 12/16/2010 M&C Review Page 2 of 2 FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that this action will have no material effect on City funds. TO Fund/Account/Centers FROM Fund/Account/Centers Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Susan Alanis (8180) Additional Information Contact: Jean Petr(8367) ATTACHMENTS http://apps.cfwnet.org/council_packet/mc_review.asp?ID=12 66 8&councildate=l 1/17/2009 12/16/2010 STUDY MAP FOR TUCKER'S ADDITION WESCO A 0.2373 ir-, A r XTO/Chis Norton would like to Lease ROW portions of BLK 32 Lots 5,6 &7 r _ 6A ,. 13 1 F r � 14 2 � ,78 R 5 7 r WELCH,PETER S�R1+c 1 3 4 1 " 2 m HATTI� 1 LIM1 CITY GAS UNITS CITY GAS LEASES W+ E ® Proposed Gas Lease 0 70 140 280 Feet DETAIL SHOWING THE PROJECT LOCATION I ! I I 1 1 f I (NOT TO SCALE)