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Home My WebLink AboutContract 41488 CITY SECRETARY CONTRACT NO.+14�,_� MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the ty of 201 , a Paid Up Oil and Gas Lease was made and entered into by and between the CITY & FORT 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. Executed this the day Al 2019! LESSOR: LESSEE: CITY OF FORT WORTH XTO ENERGY INC. By:Fernando Costaanri�.�y Edwin S.Ryan,Jr. Title:Assistant City Manager ,y4o6 �oN( Sr.Vice President-Land Administration A7 OOp000000 ;4y ATTEST: Arc �0 o o 0"W � City Secretary (� o o ao* U 0" OA r.� �'��1�lU:d�d r' APPROVED AS TO FORM AND LEGALITY: I - 14 %" y onT.rBct Authorization IIa)oL Assistant CityAtt ney --- J / Date Date: OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX 1 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,]mown 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 j—day of J d.C1 26�I6 [ rA A"AnZn Notary Public in and for the �e�"� UNOA M.HIRRUNGER State of Texas S 3 MY COMMISSION EXPIRES MAt, x$2014 MCommission Expires: 9kMja tn, &bI LI Print Name of Notary Public Here THE STATE OF TEXAS § COUNTY OF TARRANT § the undersigned, a Notary Public, on this day personally appeared Uj&nYA of. ,on behalf of XTO Energy,Inc.,known to me to be the person whose n6me 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 201/. [SEALb h I" Notary Pu liicji�n(�andd for the State of J Q-3 My Co ssio p es: CPrint Name of Notary Public Here DEDRA L.NUNEZ Notary Public (&my STATE OF TEXAS Comm.Eap.0112812012 OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX 2 Exhibit A 1.183 acres of land,more or less,of a called 0.9421 of an acre,situated in the W.Edwards Survey,A-471, Tarrant County, Texas, being a portion of Block 4, Akers and Paxton Addition, according to the Plat thereof recorded in Volume 755, Page 181, Deed Records, Tarrant County, Texas, and being more particularly described in the following seven(7)tracts: TRACT ONE: 0.891 of an acre, more or less, and being more particularly described in that certain Warranty Deed dated March 20, 1929,from J.W.Akers,C.C.Paxton,T.B.Bell and T.F.Roden to the City of Fort Worth, as recorded in Volume 1078, Page 484, Official Public Records, Tarrant County, Texas; TRACT TWO: 0.071 of an acre,more or less,of a called 0.009 of an acre,and being more particularly described in that certain Warranty Deed dated April 22, 1980, from J. B. Kynard and Phyllis Irene Kynard, husband and wife, to the City of Fort Worth, a municipal corporation, as recorded in Volume 6938,Page 2329,Official Public Records,Tarrant County,Texas; TRACT THREE: 0.045 of an acre, more or less, of a called 0.008 of an acre, and being more particularly described in that certain Warranty Deed dated May 21, 1980, from Phyllis Marie Daley, a single woman, to the City of Fort Worth, a municipal corporation, as recorded in Volume 6953, Page 1816,Official Public Records,Tarrant County,Texas; TRACT FOUR: 0.048 of an acre,more or less,of a called 0.009 of an acre,and being more particularly described in that certain Warranty Deed dated May 6, 1980, from Arthur A. Gilmartin, a single man,to the City of Fort Worth,a municipal corporation,as recorded in Volume 6937,Page 1880,Official Public Records,Tarrant County,Texas; TRACT FIVE: 0.048 of an acre,more or less,of a called 0.009 of an acre,and being more particularly described in that certain Warranty Deed dated December 12, 1980, from Doris Jean Nelon, a single person, to the City of Fort Worth, a municipal corporation, as recorded in Volume 7055, Page 2379, Official Public Records,Tarrant County,Texas; TRACT SIX: 0.077 of an acre, more or less,of a called 0.016 of an acre,and being more particularly described in that certain Warranty Deed dated March 12, 1981, from Matthew Brown and Elaine Brown, husband and wife,to the City of Fort Worth,a municipal corporation,as recorded in Volume 7104,Page 1023,Official Public Records,Tarrant County,Texas; TRACT SEVEN: 0.003 of an acre, more or less, of a called 0.0001 of an acre, and being more particularly described in that certain Warranty Deed dated April 14, 1980, from G. B.Lewis and Lillian Lewis, husband and wife, to the City of Fort Worth, a municipal corporation, as recorded in Volume 6928,Page 2045,Official Public Records,Tarrant County,Texas. (EDERVILLE,PROVINE ROWS) OFFICIAL RECORD CITY SECRETARY FT.4901111H, TIK 3 M&C Review Page 1 of 2 Official site of the City of Foil Worth, Texas CITY COUNCIL AGENDA FORT N 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 HEARING: 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 dedieeted-park 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&councildate=l 1/17/2009 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=12668&councildate=l l/17/2009 12/16/2010 STUDY MAP FOR TUCKER'S ADDITION WESCO A 0.2373 XTO/Chis Norton would like to Lease ROW portions of BLK 32 Lots 5,6 8 7 1 13 1 36 1A A� 14 2 " 7E3 } 5 7r 6 WELCH,PETER T$URV Ot i 32 1 A 2 : 5 6 7 z f mx HATTIE 1 CITY GAS UNITS / ® CITY GAS LEASES 1 ' � ® Proposed Gas Lease 0 70 140 280 Feet DETAIL SHOWING THE PROJECT LOCATION i I i I I I i I (NOT TO SCALE)