HomeMy WebLinkAboutContract 44836- a,...�.,,
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STATE OF TEXAS
COUNTY OF TARRANT
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§ KNOW ALL MEN BY THESE PRESENTS:
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BE IT REMEMBERED that on the day of , 2013, a Paid Up Oil
and Gas Lease was made and entered into y and betwee e 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 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 therea$er 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 of , 013.
LESSOR:
CITY OF FORT WORTH
G�l�IDrt do ��
By: Fernando Costa
Title: Assistant City Manager
APPROVED AS TO FORM AND LEGALITY:
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By: �, ;w; �,,�L; ����_ n�-�►-��.� ,
Assistan Ct ti Attorney� �
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ATTEST:
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ACKNOWLEDGEMENT
THE STATE OF TEXAS
COUNTY OF TARRANT
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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 iTNDER MY HAND AND SEAL OF OFFICE this�_ day o�' 2013.
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Notary Public in and for the
State of Texas
EVONIA DANIELS
A(/ ���i
e`�; Notary Pubilc, State of iexas
'`-'��. �" MY Com �� �� 201 j Ires
- July
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My Commission Expires:
�/(`j /% Print Name of Notary Public Here
LESSEE:
XTO ENERGY INC.
By: �� 7. �r � � �.-�,�/
Its: Sr. Vice Yresident — Land Admiiiistration I
THE STATE OF TEXAS
COUN�i'Y OF TARRANT
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BEFORE ME, the undersiQned, a Notaiy Public, on this day personally appeared
Edwiv S. T�van, Jr. , on behalf of XTO Energy, Inc., 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. _
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GNEN UNDER MY HAND AND SEAL OF OFFICE this �_ day of \, �_�1 t'. }� i�� �.__i t._ i, 2013.
[SEAL]( I ��`� I
� 1►L(..�� ���_ �� �����I'�otary Public in and for the
�` State of
My Commission Expires:
'; 4- � t�' Print Name of Notary Public Here
ACKNOWLEDGEMENT
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0.280 ACRES, MORE OR LESS, LOCATED IN THE WILLIAM EDWARDS SURVEY, A-471,
TARRANT COUNTY, TEXAS, AND BEING A PORTION OF LOTS 15, 16, 17, 18 AND 19,
BLOCK 3, SCENERY HILL ADDITION, ACCORDING TO THE PLAT RECORDED AT VOLUME
800, PAGE 59 OF THE PLAT RECORDS OF TARRANT COUNTY, TEXAS, AND BEING
MORE PARTICULARLY DESCRIBED IN THAT CERTAIN QUIT CLAIM DEED DATED
JANUARY 20, 1927, FROM W. B. MARTEL AND WIFE, EVA M. MARTEL, TO THE CITY OF
FORT WORTH, AS RECORDED AT VOLUME 969, PAGE 37, OFFICIA� PUBLIC RECORDS,
TARRANT COUNTY, TEXAS.
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M&C Review
Page 1 of 2
�Jfficia! site af the C:ity c>f Fort 4{lorth, Texas
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COUNCIL ACTION: Approved As Amended on 11/17/2009 - Amendment is Highlighted in Yellow
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DATE:
CODE:
11 /17/2009
L
REFERENCE NO.: L-14889
TYPE:
NON-CONSENT
LOG NAME:
PUBLIC
HEARING:
06ADMIN
LEASES
f�[�7
SUBJECT: Authorize Administrative Approval and Execution of Leases for Natural Gas Drilling Under
City-Owned Properties of Five Acres or Less in Size
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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 �ease 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
properties under five acres if opposition to conversion is expressed by citizens in the
affected neighborhood or a Council Member requests such consideration.
FISCAL INFORMATION/CERTIFICATION:
http://apps.cfwnet.org/council�acket/mc review.asp?ID=12668&councildate=ll/17/2009 5/31/2013
M&C Review
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 bv:
Originating Department Head:
Additional Information Contact:
ATTACHMENTS
Fernando Costa (6122)
Susan Alanis (8180)
Jean Petr (8367)
http://apps.cfwnet.org/council�acket/mc review.asp?ID=12668&councildate=ll/17/2009
Page 2 of 2
5/31/2013