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HomeMy WebLinkAboutContract 42754 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 thday of O(��VAXc , 2011, a Paid Up Oil and Gas Lease was made and entered to 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 CHESAPEAKE EXPLORATION, LLC,P.O.Box 18496,Oklahoma City,Oklahoma 73154,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. 5f Executed this thq day of ( ,2011. LESSOR: LESSEE: CITY OF FORT WORTH CHESAPEAKE EXPLORATION,LLC an O lahom 1� irrted liability company J\`�*1 By:Fernando Costa a,r.zI?iDavid G.Brannen Title:Assistant City Manager pA� 1i t3ito ;Mand Manager p O O ouau u ATTEST: nQ� o City Secretary QS L Sol APPROVED AS TO FORM AND LEGALITY: Contract Authorization 11, NW33 �, pq gate By: Assistant +City ttorney Date: EOFFICIALCORD TARY ,TX 01-10-12 P03:25 IN 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. GNEN UNDER MY HAND AND SEAL OF OFFICE this�day of 6_1�1e___201 1. [SEAL �Notary Public in and for the State of TexasE7"1'h0<^hN My Commission Expires: X PIP Es 7-1 777777 ,1u1Y 201„ Print Name of Notary Public Her THE STATE OF OKLAHOMA § COUNTY OF OVIOL IQ Ia— § BEFORE ME, the undersigned, a Notary Public, on this day personally appeared David Brannen, Land Manager, on behalf of Chesapeake Exploration, L.L.C., an Oklahoma Limited Liability Company,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. GNEN UNDER MY HAND AND SEAL OF OFFICE this]*day of Ahj vr_� 12011. [SE Notary Public in and for theV1HU State of1��......... .MO�c My Commission Expires: = ? #110(1263 = Print Name of Notary Public Here EXP.02114/15 F't1f3�'G C) lJ/l t OF o Fo \\\\\1\\ I OFFICIAL RECORD CITY SECRETARY 2 FT.WORTH,TX Exhibit A 0.262 acres of land,being parts of the J.B.York Survey,Abstract No. 1754 and the Joel Walker Survey,Abstract No.1654,Tarrant County,Texas. Parcel 1: 0.071 acres of land, more or less, being a parcel of land out of Lot 1, in the Burkitt Subdivision, an addition to the City of Haltom City, Tarrant County,Texas, according to plat recorded in Volume 388, Page 50,Deed Records,Tarrant County,Texas,being more particularly described by metes and bounds in that certain Deed dated April 16`h, 1976, from Lawrence E. Winnett et ux, Marilyn Jane Winnett, as Grantor, to the City of Fort Worth, as Grantee, recorded in Volume 6007, Page 361, Deed Records, Tarrant County,Texas. Parcel: 2 0.015 acres of land, more or less, being a parcel of land out of Lot 1, Block 2, in the Reynold's Subdivision,an addition to the City of Haltom City,Tarrant County,Texas,according to plat recorded in Volume 388-P,Page 17,Deed Records,Tarrant County,Texas,being more particularly described in the 2nd tract by metes and bounds in that certain Deed dated April 6`h, 1976, from Carrie Olga Clark, as Grantor, to the City of Fort Worth, as Grantee, recorded in Volume 6007, Page 350, Deed Records, Tarrant County,Texas. Parcel 3: 0.046 of an acre,more or less,being a parcel of land,situated in the Reynold's Subdivision,an addition to the City of Haltom City, Tarrant County,Texas, and being more particularly described in the following two(2)tracts of land: TRACT 1: 0.019 acres of land,more or less,being a parcel of land out of Lot 1-A,Block 1, in the Reynold's Subdivision, an addition to the City of Haltom City, Tarrant County, Texas, according to plat recorded in Volume 388-0, Page 389, Deed Records, Tarrant County, Texas, being more particularly described by metes and bounds in that certain Deed dated April 6", 1976, from Douglas C. Clark et ux, Mary Clark, as Grantor, to the City of Fort Worth, as Grantee, recorded in Volume 6007,Page 346,Deed Records,Tarrant County,Texas. TRACT 2: 0.027 acres of land,more or less,being a parcel of land out of Lot 1-B,Block 1,in the Reynold's Subdivision, an addition to the City of Haltom City, Tarrant County, Texas, according to plat recorded in Volume 388-0, Page 389, Deed Records, Tarrant County, Texas, being more particularly described in the 1st tract by metes and bounds in that certain Deed dated April 6d, 1976, from Carrie Olga Clark, as Grantor, to the City of Fort Worth, as Grantee, recorded in Volume 6007,Page 350,Deed Records,Tarrant County,Texas. Parcel 4: 0.034 of an acre,more or less,being a parcel of land,situated in the Wood View Addition,an addition to the City of Haltom City,Tarrant County,Texas,and being more particularly described in the following two(2)tracts of land: TRACT 1: 0.017 acres of land,more or less, being a parcel of land out of Lot 2, in the Wood View Addition,an addition to the City of Haltom City,Tarrant County,Texas,according to plat recorded in Volume 388-D, Page 111, Deed Records, Tarrant County, Texas, being more particularly described by metes and bounds in that certain Deed dated April 14`h, 1976, from Luther H.Wood,Jr.et ux,Myrtle Ethel Wood,as Grantor,to the City of Fort Worth,as Grantee, recorded in Volume 6007,Page 329,Deed Records,Tarrant County,Texas. TRACT 2: 0.017 acres of land,more or less,being a parcel of land out of Lot 1, in the Wood View Addition,an addition to the City of Haltom City,Tarrant County,Texas,according to plat recorded in Volume 388-D, Page 111, Deed Records, Tarrant County, Texas, being more particularly described in the 2nd tract by metes and bounds in that certain Deed dated April 14`h, 1976, from Luther H. Wood et ux, Luella M. Wood, as Grantor, to the City of Fort Worth, as Grantee,recorded in Volume 6007,Page 325,Deed Records,Tarrant County,Texas. 3 Parcel 5: 0.029 acres of land,more or less,being a parcel of land out of Lot 13, in the Wood View Addition,an addition to the City of Haltom City,Tarrant County,Texas,according to plat recorded in Volume 388-D, Page 111, Deed Records, Tarrant County, Texas, being more particularly described in the 1st tract by metes and bounds in that certain Deed dated April 14`h, 1976, from Luther H. Wood et ux, Luella M. Wood, as Grantor, to the City of Fort Worth, as Grantee, recorded in Volume 6007, Page 325, Deed Records,Tarrant County,Texas. Parcel 6: 0.041 acres of land,more or less,being a tract of land out of the J. B.York Survey,Abstract No. 1754, Tarrant County,Texas,and being more particularly described by metes and bounds in that certain Deed dated April 8th, 1976,from Evelyn Reed,as Grantor,to the City of Fort Worth,as Grantee,recorded in Volume 6003,Page 100,Deed Records,Tarrant County,Texas. Parcel 7: 0.013 acres of land, more or less,being a parcel of land out of Lot"C", in the Rusty Dell Addition, an addition to the City of Fort Worth, Tarrant County, Texas,according to plat recorded in Volume 1939, Page 293,Deed Records,Tarrant County,Texas,being more particularly described by metes and bounds in that certain Deed dated March 30`h, 1976,from Vernon Irvin et ux,Inez Irvin,as Grantor,to the City of Fort Worth,as Grantee,recorded in Volume 6003,Page 88,Deed Records,Tarrant County,Texas. Parcel 8: 0.013 acres of land,more or less,being a parcel of land out of Lot`B", in the Rusty Dell Addition, an addition to the City of Fort Worth,Tarrant County,Texas, according to plat recorded in Volume 1939, Page 293,Deed Records,Tarrant County,Texas,being more particularly described by metes and bounds in that certain Deed dated March 30`h, 1976, from Luther R. McCollom et ux, Helen L. McCollom,as Grantor,to the City of Fort Worth,as Grantee,recorded in Volume 6003,Page 92,Deed Records,Tarrant County,Texas. (N BEACH ST ROW) (SASHA UNIT) 4 M&C Review Page 1 of 2 Offidal site of the City of Fort Worth,Texas CITY COUNCIL AGENDA F' RTWbItTy COUNCIL ACTION: Approved As Amended on 11/17/2009 -Amendment Is Highlighted In Yellow DATE: 11/17/2009 REFERENCE NO.: L-14889 LOG NAME. LASES 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. 121SCUSSION: 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 dediested•pm*properties under five acres if opposition to conversion is expressed by citizens in the affected neighborhood or a Council Member requests such consideration. 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 Managers Office by., Fernando Costa (6122) Originating Department Head: Susan Alanis (8180) Additional Information Contact: Jean Petr(8367) ATTACHMENTS