Loading...
HomeMy WebLinkAboutContract 42203dt'i ETAS 1n ir TOACT 0YJ - MINERAL AGREEMENT This Mineral Agreement (the "Agreement") is made and entered into as of Augu s t 19 , 2011 (the "Effective Date"), by and between EILENE MUNCIE RALL MINCH, OLIVE ELLIS GREENWALD, MARGARET JOLLEY, JANIS SWENSON, AND BLAIR MCGROARTY (collectively, the "Boaz Heirs") and THE CITY OF FORT WORTH, a home rule municipal corporation organized under the laws of the State of Texas ("City"). WITNESSETH WHEREAS, pursuant to that certain July 13, 1928 Deed executed by Z. Boaz and Teck Boaz (collectively "Boaz") and N. A. Dodge ("Dodge") (Boaz and Dodge collectively referred to herein as the "Boaz Grantors"), recorded at Volume 1036, Page 125 of the Real Property Records of Tarrant County, Texas, the City acquired an interest in the surface and minerals with respect to two (2) tracts of land in Fort Worth, Tarrant County, Texas (the "Deed"); WHEREAS, among other things, the Deed requires that the tract of land described herein as Tract 1 at the attached Exhibit "A", be used by the City for improvement and use as a public park under the name Boaz Park (the "Park Tract"); WHEREAS, among other things, the Deed requires that the tract of land described herein as Tract 2 at the attached Exhibit "B", be used by the City for development and use as a first-class municipal golf course for a period of at least ten (10) years and thereafter for such course or park purposes as the City determines (the "Golf Course Tract"); WHEREAS, the Deed states that the abandonment of the use and maintenance of the Park Tract for park purposes or change in the name thereof shall operate to defeat such conveyance to the City and revert the title to and possession of the Park Tract to Z. Boaz and his heirs (the "Park Reversion Provision"); WHEREAS, the Deed states that the abandonment of the use and maintenance of the Golf Course Tract for golf or park purposes shall operate to defeat such conveyance to the City and revert the title to and possession of the Golf Course Tract to the Boaz Grantor's and their heirs (the "Golf Course Reversion Provision") (the Park Reversion Provision and the Golf Course Reversion Provision collectively referred to herein as the "Reversionary Provisions"); WHEREAS, the Boaz Heirs affirm that they are the sole heirs of Boaz; WHEREAS, the Park Tract and the Golf Course Tract, save and except that certain seven (7) acre portion of the Golf Course Tract wherein an undivided Fifty percent (50%) interest in same was owned by Dodge (the "Dodge Tract"), are collectively referred to herein as the "Boaz Tracts"; WHEREAS, the Dodge Tract and the Boaz Tracts are collectively referred to herein as the "Property"; WHEREAS, the Dodge Tract is depicted herein at the attached Exhibit "C" and legally described at Exhibit "D"; and WHEREAS, in order to avoid potential litigation regarding the Reversionary Provisions, the City and the Boaz Heirs have agreed to enter into this Agreement in order to allow the development and production of the oil, gas and other minerals with respect to the Property; 220926v19 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX • (, Page 1 of 18 NOW, THEREFORE, for and in consideration of the mutual promises, covenants and undertakings described herein, the parties hereto mutually agree as follows: 1. Correction Deed Simultaneously with the execution of this Agreement the City and the Boaz Heirs will execute the Correction Warranty Deed attached hereto as Exhibit "E" (the "Correction Deed") wherein the Deed shall be corrected to provide that an undivided forty percent (40%) interest in and to all of the oil gas and other minerals in, on and under and that may be produced from the Property shall be reserved to Boaz. The Correction Deed shall also provide that if the terms conditions and restrictions contained in the Correction Deed are complied with by the City, the City's lease of its mineral estate conveyed to the City pursuant to such Correction Warranty Deed will not be considered an abandonment of the use and maintenance of said Park Tract or Golf Course Tract for golf or park purposes. 2. Leasing of Minerals. Promptly after the execution of this Agreement and the Correction Deed by the parties, the City and the Boaz Heirs will use their best efforts to promptly lease their respective mineral interests in the Property. 3. Upkeep. Maintenance and Beautification. The City hereby agrees that for so long as oil, gas or other minerals are being produced from the Property, seventeen percent (17%) of all royalties, bonus proceeds and any other sums received by the City in connection with the oil, gas and other minerals in, on and under the Property, shall be used for the upkeep, maintenance, and beautification of the park located on the Park Tract and the golf course located on the Golf Course Tract. 4. Heirs of Z. Boaz and Teck Boaz. The Boaz Heirs represent and warrant that they fully comprise and represent all heirs of Boaz. The Boaz Heirs agree to indemnify and hold the City free and harmless against any and all losses, damages, claims demands and suits which the City may suffer, incur or to which it may be liable in connection with the representation made by the Boaz Heirs in this Section 4. 5. Binding Effect and Assignment. This Agreement will inure to the benefit of, be binding upon and enforceable against the parties hereto and their respective successors, heirs, beneficiaries and permitted assigns. Either party may assign this Agreement and its rights, interests, and obligations under this Agreement at any time without the consent of the other party. 6. Entire Agreement. This Agreement, along with the Exhibits attached hereto (which are incorporated herein by reference), embodies the entire agreement of the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings of the parties with respect to the subject matter hereof. No amendment or modification of this Agreement will be effective unless made in writing signed by both parties hereto 7. Further Assurances. At the request of either party, the other party shall execute and deliver or cause to be delivered any documents or take any action reasonably deemed necessary or appropriate to effectuate the terms and conditions of this Agreement 8. Headings. The headings contained in this Agreement are for convenience of reference only and will not affect in any way the meaning or interpretation of this Agreement. 9. Notices All notices, consents, approvals or demands required under this Agreement will be in writing, and will be deemed delivered when either (i) deposited in the U.S. Mail postage prepaid, certified or registered, return receipt requested, or (ii) delivered in person (including delivery by any courier service) provided that there is a written record confirming such personal delivery in any event addressed to or delivered to the appropriate party at: 220926v19 Page 2 of 18 If to the Boaz Heirs, to: DATCO 4525 Odessa Ave. Fort Worth, Texas 76133 With a copy to: If to City, to: With a copy to: Bourland, Wall & Wenzel, P.C. 301 Commerce Street, Suite 1500 Fort Worth, Texas 76102 Attn: Michael V. Bourland City of Fort Worth 1000 Throckmorton Street Fort Worth, Texas 76102 Attila Jean Petr, Plannmg and Development Department City of Fort Worth 1000 Throckmorton Street Fort Worth, Texas 76102 Attn: Sarah Fullenwider, Law Department or to such other address(es) as either party may from time to time designate for this purpose. The parties understand and agree that a notice sent to the Boaz Heir representative in accordance with this Section shall be considered to be effective upon each and every Boaz Heir. 10. Waiver. The waiver by either party of a breach of any provision of this Agreement will not operate or be construed as a continuing waiver of any subsequent breach by either party. No waiver by either party of any provision or condition to be performed will be deemed a waiver of similar or dissimilar provisions or conditions at the same time or any prior or subsequent time 11. Governin2 LawNenue. Regardless of the place of execution or performance, this Agreement will be governed by and construed in accordance with the laws of the State of Texas without giving effect to such state's conflicts of laws provisions Venue for any action arising out of this Agreement will lie exclusively in Tarrant County, Texas. 12. Severability. If, for any reason, any provision of this Agreement is held invalid, illegal or unenforceable in any respect in any jurisdiction, such invalidity, illegality or unenforceability will not affect any other provision of this Agreement or the validity thereof, but this Agreement will be reformed and construed in any such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein and such provision will be reformed so that it would be valid, legal and enforceable to the maximum extent permitted in such jurisdiction. If any provision of this Agreement will be held invalid, illegal or unenforceable in part, such invalidity, illegality or unenforceability will in no way affect any other part of such provision not held so invalid, illegal or unenforceable and any other part of such provision, together with all other provisions of this Agreement, will to the full extent consistent with law continue in full force and effect. 13. Counterparts This Agreement may be executed in one or more original or facsimile counterparts, each of which will be deemed an original, but all of which together will constitute one of the same instrument 220926v19 Page 3 of 18 lia v___,....___-, • NO M . f t; i�a r • t Rk aQU! . lb ITS^-• OI•1=L716 - - ....c4_. zw, ax_ ' n s. . "yOCiirT�.2'S�= ITIC 220926v19 CITY: CITY OF FORT WORTH, TEXAS By: Printed Name: ¢a Title: Art. itiet cier Date executed: S/!97/1 APPROVED AS TO FORM AND LEGALITY: B • — Ceti-9Q!4-t y _ Printed Name �. 4// J • {- G E' to Cite Title: ertrt7 rt- c7 Date executed: 6-et Attesi:ed by: Marty Hendrix, - ty Soerste ra ea Ts- 14, I, `, r .007 �' S' . 5 9 Al, giscr 0 \:3 en, d 017_00 174, rL• •1 is6 .76 J 1s, ., tia 1: f3ivi �i ?. 1. h ' + • Page 4 of 18 o / 0 i BOAZ HEIRS: A °rh et/ jaA#Wieeer( E�Iene Muncie all Minch by her agent and Attorney -in -Fact, Thomas M. Rall, pursuant to a Statutory Durable Power of Attorney dated April 17, 002 i -1.A,P4) t, Olive Ellis Greenwald 77LCZYtAnyttiL acga�et Jollef /l Ja,��g,"S�yvenson et, iBlair cOroarty t. ACKNOWLEDGEMENT COUNTY OF rrA rwir§ This instrument yvas ac dged before me on the r rhomart M gafas Power o et-mar"v rule municipal corporation organized under the law BEN Q. STARN Not YE Of TEXAS y Comm. Exp. February 17, 2013 s r. STATE OF TEXAS COUNTY OFT; r ra n d yas LAlq ,201/ by e City of Fort Worth, Texas, a home tate of Texas, on behalf of said City. Notary Public, State of Texas ACKNOWLEDGEMENT -74/ This insment was acknowledged before me on the � � day of �l%�j(�S� fail4xido (os as A&57'. O5"M'+(4-($T4 of the City of Fort Worth, Texas, a home rule municipal corporation organized undlaws of the State of Texas, on behalf of said City. rt rzi Mc EVO,NIA DANIELS $1 '`' _ ,' r MY COJuly 10, 2013 MMISSION EXPIRES lI 220926v19 • r rh th e e Andri, otary Public, State of'Texas I•t .Ta -s kJ ! ,20//by i by Page 5 of 18 by STATE OF fei'ocs COUNTY OF erg min ate ACKNOWLEDGEMENT This instrument was acknowledged before me on the 5+' day of by Thomas M. Rall as attorney -in -fact on behalf of Eitene Muncie Rall Minch. . _ i a all a _1-.a _ EDWARD H. GREEN III Notary Public, State of Texas My Commission Expires September 18, 2011 STATE OF I\\orVn CCtol\nc COUNTY OF %, _ -Vy. T • Vegeta Me Agest,swt- Notary Public, State of TCJacc$ ACKNOWLEDGEMENT This instrument was acknowledged before me on the LAU/ dayof byOlive Ellis Greenw4 Id MAIRA D GARCIA NOTARY PUBLIC (AA ALA MANCE COUNTY NORTH CAROLINA 3 2015 MY COMMISSION EXPIRES JUNE 23, Notary Public, State of SOL i ACKNOWLEDGEMENT STATE OF ! "gib' ,t`.� sf , �� § § COUNTY OF \\\ ,) ; . (1/45 § This instrument was acknowledged before me on the day of JOIIDAM YEttC10 Georg Won tM1 of Nobhsko CMMIMNIep Expires Mgt 23, 2015 444Notary Puic, State of nJ� ACKNOWLEDGEMENT STATE OF .4e(`Zp n/,4 § COUNTY OF iMejCf)PA- § This instrument was acknowledged before me on the 1 S day of by Janis Swenson. OFFICIAL. SEAL MARY KAY SULLIVAN NOTARY PUBLIC • State of Arizona MARICOPA COUNTY My Comm, Expires April 14, 2013 220926v19 cu.getitia,,,,, Notary Publi ¢{-Z OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX :SCALA , 20 t� ,20'� ,2o'I Page 6 of 18 ACKNOWLEDGEMENT STATE OFalgar COUNTY OF at,'nvU This instrument was acknowledged before me on the by Blair McGroarty. DENISE KERSTETTER Notary Public State of Colorado r' 4 �' sue 4.' A iato Notary Public, State of n� day of e�/7 My Commission 1 FFICIAL R D � ��oR K'.:tA + %�ry1,yes #► CITY 'fill 2 =';s s; fr,3 ) 20� 220926v19 Page 7 of 18 EXHIBIT A TRACT NO. ONE: Parts of the B. J. Foster and J. S. Wilburn Surveys, situated about 8 miles southwest from the courthouse in Tarrant County, Texas: Beginning at a stake in the north line of the said B. J. Foster Survey, where it is intersected by the west line of the New Fort Worth and Granbury road, 471-9/10 varas from the northeast corner of the said Foster Survey; Thence west along the north line of said Foster Survey 682-9/10 varas to a stake; Thence south, to and along the east line of the 15 acres tract conveyed to S. B. Hamilton by deed of record in Vol. 105, page 542, Tarrant County, deed records, in all 425-3/10 varas to an iron pin; thence west 249-1/2 varas thence south 8 varas; thence west 212 varas to the west line of the said Foster Survey; thence south, along the west lines of the said Foster and of the said J S. Wilburn Surveys, at 625 varas the middle of the track of the Texas & Pacific Ry. and in all 946-7/10 varas to the middle of the said Fort Worth and Granbury road; thence along the middle of the said road, fifty feet wide, north 66-1/2 east 93-1/2 varas; and north 59-1/2 east 160 varas; and north 68 east 160 varas; and north 48 east 330 varas; and north 35 east 662 varas, to the middle of the old channel of Walnut creek; thence west 9 varas to the west line of the said road; thence along said west line, north 35 east 78 varas; and north 18-3/4 east 160 varas, and north 21-1/4 east 176-1/2 varas to the place of beginning, and containing, exclusive of the right of way of the said Texas & Pacific Ry. Co., and of the half of the said fifty foot road, one hundred thirty-four and 38/100 acres, of which 127-38/100 acres are embraced within the B. J. Foster, and 7 acres within the J. S. Wilburn, Surveys. 220926v19 Page 8 of 18 EXHIBIT B TRACT NO. TWO. Parts of the H. Covington and E. Wilburn Surveys, situated about 7 miles south 65 west from the courthouse in Tarrant County, Texas: Beginning at an iron pipe, the southwest corner of block 18 of the Z. Boaz Country Place, as the map of said Country Place appears of record in Vol. 204, Page 93, Tarrant County Deed records; thence north along the west lines of blocks 18, 17 and 16, in all 1550 feet to a point whence a stake bears south 10 feet; thence east 400 feet to a point whence a stake bears south 10 feet; thence north along the east line of said block 16 and in all 3003-3/10 feet to the south line of the old Weatherford road; thence along said road line, south 88 west 1420 feet to a stake; thence south 1256 feet to a stake; thence west 420 feet to a stake; thence south 726 feet to a stake; thence east 420 feet to a stake; thence south 2397.4 feet to a stake in the north line of the present Fort Worth and Weatherford road; thence along said road line, south 83 east 1026-4/10 feet to the place of beginning, and containing about one hundred and forty acres. 220926v19 Page 9 of 18 P4 �w A4 c N 99'2810'E 553,30' EXHIBIT C (MIDDLE OF OLD WEATHERFORD ROAD - NO DISTANCE IN DEED) N 87'57'00'E 1981•99' Dodge Tract L BOAZ TO DODGE 989/320 217 AG N 83'06'0011 25 <N. ROM. BANKI9ZAD06,60. NO DISTANCE IN DEED) �Y - D CALLED TO 3E IN NI LINE HIG IVAY AND RIDDLE OF FAIRWAY DR. DIVIDING LAND AND PROPOSED GOLF' CASE AMONG ON 'ME EAST 220926v19 WEST r\ S7 420.00' kisE ip b q al rn 1- 0 r.� 1 0 Lel (SOW Li t DE OLD drATHt Prf ]n RiAD) S 88 C0'00'V 14120,C0' 00400'00`E 3005 50' BOAZ & DODGE TO CITY OF F,W. 1036/ 125 (CALLED 140 AC IN DEED) 134,4 AC, CALC, NORTH 1550 EAST w400.00' u J a_ r fY 0 u LINE i. BOAZ S 83t �33'G0'Q0•_ E 1026:79' CICIRTII LINE 919 � R iN l VEATHEW-0RD ,4dWCJ►�) CALLED S, W. COP. BLK 18 Z, BOAZ COUNTRY PLACE DIVIDING LAND AND PROPOSED GOLF COURSE ADJOING ON THE EAST Page 10 of 18 EXHIBIT D Dodge Tract Legal Description BEING a tract of land located in the HAYS COVINGTON SURVEY, ABSTRACT No. 256, City of Fort Worth, '1arrant County, Texas and being a portion of that certain tract of land described as Tract No. 'I'wo in deed to the City of Fort Worth recorded in Volume 1036, Page 125 of the Deed Records of Tarrant County, Texas and more particularly described by metes and bounds as follows: COMMENCING at the Southwest corner of said City of Fort Worth Tract lying in the m the Noith right-of-way line of the Foit Worth and Weatherford Road and lying by deed N 83° W, 1026.4 feet fiom the Southwest corner of Block 18, Z. Boaz Country Place, an addition to the City of Fort Worth, Texas according to the plat recorded in Volume 204, Page 95 of the Plat Records of Tarrant County, Texas, said point also being the Southeast corner of Alta Mere Addition to the City of Fort Worth, Texas according to the plat recorded in Volume 1037, Page 413 of the Deed Records of Tarrant County, Texas; THENCE along the common boundary line between said City of Fort Worth Tract and said Alta Mere Addition as follows: North, 2397.4 feet with the East right-of-way line of Irene Drive to its intersection with the North right-of-way line of Slocum Avenue and the PLACE OF BEGINNING of the tract herein described; WEST 420 feet with the said North right-of-way line of Slocum Avenue to its intersection with the East right-of-way line of Alta Mere Drive as shown on aforesaid plat; NORTH, 726 feet with the said East right-of-way line of Alta Mere Drive to its intersection with the South right-of-way line of Rosewood Avenue; EAST, 420 feet with the said South right-of-way line of Rosewood Avenue to a point; THENCE SOUTH, 726 feet to the PLACE OF BEGINNING, containing 7.000 acres of land. 220926v19 Page 11 of 18 EXHIBIT E CORRECTION WARRANTY DEED NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. Effective Date: July 13, 1928 Grantor: Z Boaz and wife, Teck Boaz (by their heirs, being Eilene Muncie Rall Minch, Olive Ellis Greenwald, Margaret Jolley, Janis Swenson, and Blair McGroarty) Grantor's Mailing Address: Eilene Muncie Rall Minch 7539 Highway 1187 Fort Worth, Texas 76126 Olive Ellis Greenwald 4001 Carrington Lane Efland, NC 27243 Margaret Jolley 13612 Stanford Street Omaha, NE 68144-2440 Janis Swenson 8042 E. Juan Tabo Rd. Scottsdale, AZ 85255 Blair McGroarty 3765 S Poplar St. Denver CO 80237 Grantee: City of Fort Worth, Texas, a municipal corporation Grantee's Mailing Address: 1000 Throckmorton Street, Fort Worth, Texas 76102 Consideration: The sum of One Dollar ($1.00) and other valuable consideration paid by Grantee, the receipt whereof is hereby acknowledged, and the further consideration of the covenants and agreements hereinafter set out. Property (including any improvements): Those certain tracts of real property identified as Tract No. One and Tract No. Two at the attached Exhibit A, which is attached hereto and incorporated herein by reference 220926v19 Page 12 of 18 Reservations from Conveyance and Exceptions to Conveyance and Warranty: The said Tract No. One is conveyed for improvement and use as a public park under the name Boaz Park, and the Grantee covenants and agrees to maintain the same through its proper Department for such use under said name; the Grantee also agrees to open and construct a proper roadway or entrance for vehicle and pedestrian travel from the Fort Worth and Gianbury Road (State Highway No. 10) into said park within a reasonable time after this conveyance and thereafter maintain the same, said entrance to be substantially opposite the terminus of what is known as the Fort Worth and Benbrook road (also known as Stove Foundry Road), as now located, and further agrees that a zone one hundred (100) feet wide adjoining said Fort Worth and Granbury road extending from the Northeast corner of said park South to the rail -road right of way shall never be used for commercial purposes. Abandonment of the use and maintenance of said tract for park purposes or change in the said name thereof, shall operate to defeat this conveyance and revert the title to and possession of said tract unto the Grantor Z Boaz and his heirs. With respect to Tract No. Two, the same is conveyed for development and use as a municipal golf course, and shall be so used for a period of at least ten years from date of this deed, and thereafter for such course or for park purposes as the City may determine. The Grantee, through its Park Department, covenants and agrees to provide for a first-class municipal golf course on said tract and to expend in developing such course and appurtenances at least $30,000.00 within two years after date hereof, which development shall be planned and money expended as shall be approved by the City Council; said expenditure shall be deemed consideration for and a condition subsequent under this conveyance of said tract. Abandonment of the use and maintenance of said tract for golf or park purposes, for which conveyance is made as herein set out, shall operate to defeat this conveyance and revert the title to and possession of said tract unto the Grantor and their heirs. Notwithstanding anything to the contrary contained or implied elsewhere herein, Grantor for Grantor and Grantor s heirs, successors and assigns forever hereby reserves, retains, and excepts from this conveyance an undivided forty percent (40%) interest in and to all of the oil, gas and other minerals in, on, and under and that may be produced from the Property; provided, however, that Grantor hereby expressly waives any and all rights to utilize the surface estate of the Property for any purpose whatsoever in connection with such oil, gas, or other minerals, including, but not limited to, drilling, extraction, production, or other exploration, or mining for oil, gas, or other minerals, or the storage or transportation thereof Such waiver shall not, however, restrict or prohibit the pooling or unitization of the mineral estate reserved by Grantor hereunder with other mineral estates for the exploration or production of the oil, gas, and other minerals by means of wells that are drilled or mines that open on land other than the Property, but enter or bottom under the Property provided that such operations (a) in no manner interfere with the surface or subsurface support of any improvements constructed or to be constructed on the Property, and (b) comply with all applicable rules, regulations, ordinances, and laws. Grantee is hereby permitted to lease any or all of the portion of the mineral estate conveyed to Grantee hereunder and Grantor acknowledges that if the terms, conditions and restrictions contained herein are complied with, the Grantee's lease of the mineral estate conveyed to the Grantee hereunder will not be considered an abandonment of the use and maintenance of said tract or tracts for golf or park purposes; provided, however, that Grantee hereby expressly waives any and all rights to utilize the surface estate of the Property for any purpose whatsoever in connection with such oil, gas, or other minerals including but not limited to, drilling, extraction, production, or other exploration or mining for oil, gas, or other minerals or the storage or transportation thereof. Such waiver by Grantee shall not, however, restrict or prohibit the pooling or unitization of the mineral estate conveyed by Grantor to Grantee hereunder with other mineral estates for the exploration or production of the oil, gas, and other minerals by means of wells that are drilled or mines that open on land other than the Property, but enter or bottom under the Property, provided that such operations (a) in no manner interfere with the surface or 220926v19 Page 13 of 18 subsurface support of any improvements constructed or to be constructed on the Property, and (b) comply with all applicable rules, regulations, ordinances, and laws. Grantor, for the Consideration and subject to the Reservations from Conveyance and Exceptions to Conveyance and Warranty, grants, sells and conveys unto the said City of Fort Worth, a municipal corporation, for the purposes and uses herein stated, the Property, to have and to hold the above described two tracts of land, together with all and singulai the rights and appurtenances thereto in anywise belonging, except as expressly reserved to Grantor herein, unto the said City of Fort Worth, a municipal corporation, and its successors, forever for the uses aforesaid• and we do hereby bind ourselves and our heirs, executors and administrators, to Warrant and Forever Defend, all and singular the said premises unto the said City of Fort Worth and its successors against every person whomsoever lawfully claiming or to claim the same or any part thereof. The said tracts of land are vacant, and not used or occupied by Grantor as a homestead, and Grantor severally covenant that neither of the said tracts or any part thereof has any homestead connections. This Correction Warranty Deed is made as a correction deed in substitution of the July 13, 1928 deed recorded at Volume 1036, Page 125 in the Real Property Records of Tarrant County, Texas (the "Corrected Deed"), to include, among other things: (1) a reservation unto Grantor of an undivided forty percent (40%) interest in and to all of the oil, gas, and other minerals in, on, and under and that may be produced from the Property; and (2) an acknowledgement by Grantor that Grantee's lease of the mineral estate conveyed to the Grantee hereunder will not be considered an abandonment of the use and maintenance of said tract or tracts for golf or park purposes, provided that the terms, conditions and restrictions contained herein are complied with. As evidenced by Grantee's signature below, Grantee accepts this Correction Warranty Deed. Other than the corrections contained herein, this Correction Warranty Deed is intended to restate in all respects the Corrected Deed, and the effective date of this Correction Warranty Deed relates back to the effective date of the Corrected Deed. This Correction Warranty Deed does not alter or amend any conveyance made by N.A. Dodge to the Grantee and, therefore, no representative or heir of N.A. Dodge has executed this Correction Warranty Deed. When the context requires, singular nouns and pronouns include the plural. [Signatures on Following Page] 220926v19 Page 14 of 18 GRANTOR (By Grantor's Heirs): Eilene Muncie Rall Minch by her agent and Attorney -in -Fact, Thomas M. Rall, pursuant to a Statutory Durable Power of Attoiney dated April 17, 2002 Olive Ellis Greenwald Margaret Jolley Janis Swenson Blair McGroarty GRANTEE CITY OF FORT WORTH, TEXAS By: Printed Name. Title: Date executed: • APPROVED AS TO FORM AND LEGALITY: By: Printed Name. Title: Date executed: 220926v19 Page 15 of 18 ACKNOWLEDGEMENT STATE OF § COUNTY OF § This instrument was acknowledged before me on the day of , 20 by Thomas M. Rall as attorney -in -fact on behalf of Eilene Muncie Rall Minch. Notary Public, State of ACKNOWLEDGEMENT STATE OF COUNTY OF § This instrument was acknowledged before me on the day of , 20 by Olive Ellis Greenwald. Notary Public, State of ACKNOWLEDGEMENT STATE OF § COUNTY OF § This instrument was acknowledged before me on the day of , 20 by Margaret Jolley. Notary Public, State of ACKNOWLEDGEMENT STATE OF § COUNTY OF § This instrument was acknowledged before me on the day of , 20 by Janis Swenson. Notary Public, State of 220926v19 Page 16 of 18 ACKNOWLEDGEMENT STATE OF § COUNTY OF § This instrument was acknowledged before me on the day of , 20 by Blair McGroarty. Notary Public, State of ACKNOWLEDGEMENT STATE OF TEXAS COUNTY OF This instrument was acknowledged before me on the day of , 20 by as of the City of Fort Worth, Texas, a home rule municipal corporation organized under the laws of the State of Texas, on behalf of said City. STATE OF TEXAS COUNTY OF Notary Public, State of Texas ACKNOWLEDGEMENT This instrument was acknowledged before me on the day of . 20 by as of the City of Fort Worth, Texas, a home rule municipal corporation organized under the laws of the State of Texas, on behalf of said City. Notary Public, State of Texas AFTER RECORDING RETURN TO: Bourland, Wall & Wenzel, P.0 301 Commerce Street Suite 1500 Fort Worth, Texas 76102 220926v19 Page 17 of 18 EXHIBIT A TRACT NO. ONE: Parts of the B. J. Foster and J. S. Wilburn Surveys, situated about 8 miles southwest from the courthouse, in Tarrant County, Texas: Beginning at a stake in the north line of the said B. J. Foster Survey, where it is intersected by the west line of the New Fort Worth and Granbury road, 471-9/10 varas from the northeast corner of the said Foster Survey; Thence west along the north line of said Foster Survey 682-9/10 varas to a stake; Thence south to and along the east line of the 15 acres tract conveyed to S. B. Hamilton by deed of record in Vol. 105, page 542, Tarrant County, deed records, in all 425-3/10 varas to an iron pin; thence west 249-1/2 varas; thence south 8 varas; thence west 212 varas to the west line of the said Foster Survey; thence south, along the west lines of the said Foster and of the said J. S. Wilburn Surveys, at 625 varas the middle of the track of the Texas & Pacific Ry., and in all 946 7/10 varas to the middle of the said Fort Worth and Granbury road; thence along the middle of the said road, fifty feet wide, north 66-1/2 east 93-1/2 varas; and north 59-1/2 east 160 varas; and north 68 east 160 varas; and north 48 east 330 varas; and north 35 east 662 varas, to the middle of the old channel of Walnut creek; thence west 9 varas to the west line of the said road; thence along said west line, north 35 east 78 varas; and north 18-3/4 east 160 varas; and north 21-1/4 east 176-1/2 varas to the place of beginning, and containing, exclusive of the right of way of the said Texas & Pacific Ry. Co., and of the half of the said fifty foot road, one hundred thirty-four and 38/100 acres, of which 127-38/100 acres are embraced within the B. J. Foster, and 7 acres within the J. S. Wilburn, Surveys. TRACT NO. TWO. Parts of the H. Covington and E. Wilburn Surveys, situated about 7 miles south 65 west from the courthouse, in Tarrant County, Texas: Beginning at an iron pipe, the southwest corner of block 18 of the Z Boaz Country Place, as the map of said Country Place appears of record in Vol. 204, Page 93, Tarrant County Deed records; thence north along the west lines of blocks 18, 17 and 16, in all 1550 feet to a point whence a stake bears south 10 feet; thence east 400 feet to a point whence a stake bears south 10 feet; thence north along the east line of said block 16 and in all 3003-3/10 feet to the south line of the old Weatherford road; thence along said road line, south 88 west 1420 feet to a stake; thence south 1256 feet to a stake; thence west 420 feet to a stake; thence south 726 feet to a stake; thence east 420 feet to a stake; thence south 2397.4 feet to a stake in the north line of the present Fort Worth and Weatherford road; thence along said road line, south 83 east 1026-4/10 feet to the place of beginning, and containing about one hundred and forty acres. 220926v19 Page 18 of 18 Chakrathouk, Manivanh From. Lacker, Judy Sent: Wednesday, August 31, 2011 11:14 AM To: Chakrathouk, Manivanh Subject: RE: CintractL Mineral Agreement Thanks for being so vigilant. In this instance, there was no M&C. Judy L Lacker Assistant to Sarah Fullenwider, City Attorney; Peter Vaky, Deputy City Attorney; and Melinda Ramos, Ass't. City Attorney City of Fort Worth 1000 Throckmorton Street Fort Worth, TX 76102 817/392-8006; (Fax) 817/392-8359 Think Green- do not print this email unless necessary THIS EMAIL AND RESPONSES MAY BE SUBJECT TO TEXAS OPEN RECORDS LAWS. PLEASE RESPOND ACCORDINGLY. From: Chakrathouk, Manivanh Sent: Wednesday, August 31 2011 10:32 AM To: Lacker, Judy Subject: CintractL Mineral Agreement Hello Judy, Please advise if this contract requires an M&C? If so, please provide a printed hard copy to City Secretary's Office. Thank you, Manivanh.Chakrathouk cr fortworthgov.org