HomeMy WebLinkAboutContract 44494 rte,'E IPA
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,0I, CTTY SECRETAR
CONTRACT NOS
MEMORANDUM OF OIL AND GAS;; LEASE
STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF TAR. NT
BE IT E that on the day of � 2013, a Paid Up Oil
and Gas Lease was made and entered into ly and between the VITY 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 76,102, hereinafter called "LESSEE" , where LESSOR hereby grants,
leases and lets exclusively to LESSEE for the purpose of exploring for, developing, producing
and arketin 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.,
SEA EXHIBIT Al ATTACHED HERETO AND MADE A PART HEREOF
Subject to the other provisions therein curtained., said lease provides for a primary tern
of two 2 : ears from the date thereof, and as lung -thereafter as coil or gas or other substances
covered herein are produced in paying quantities from the leased premises or from lands pooled
ur this lease .s otherwise maintained in effect pursuant to the provisi
'therewith, ons therein.
An Executed copy of said Oil and Gas Lease is in the possessi n of LESSEE .t its
address indicated above.
Executed this the day of , 2013.
LESSOR.-
CITY OF FORT WORTH AT TEST-.
o,
By.- Fernando Costa ity Se�cret r
Title: Assistant City Manager
APPROVED AS TO FORM AND LEGALITY:
By. wt �L "
Assistant Cit'�'Attorney 000 Ir
OVIVICIALS RIECORD
CITy SECRETARY
Sr,WOR1K TX
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7 lqll�
ORIGINAL/L
RECEIVED MAY 3 0 2013
ACKNOWLEDGEMENT
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 t y of_W_ 4,e000-ANO- 20 13.
[SEAL
............... .... E7- Notary Public in and for the
A16. State of Texas
C_
My Commission Expires': EVONA DANIELS
Y('OMMISSION EXPIRES
Print Name of Notary Public H a
July 10,2013
LESSEE:
XTO ENERGY INC.
Arft
By:
Its: Sr. Vice President—Land Administration
ACKNOWLEDGEMENT
THE STATE OF TEXAS §
COUNTY OF TAR RANT
' §
und -d a Notary Public, on this day person all appeared
FORE ME ers, e
y
on behalf of XTO Energy, Inc., known to me to be
L i n
.....................' 0 6 _.-
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 FLAND AND SEAL OF OFFICE this —day of 2013.
[SEA
AL A,AL,&AL JL
Notary Public in and for,the W
State of
My Commission Expires.—
WV W-V-W F 0
C V V
Print Name of Notary Public Here
Aa
Pr
EXHIBIT A
0.0422, ACRES, OF LAND, BEING LOT ELEVEN (11), IN BLOCK FIFTY SEVEN (57) OF
FOSTEPCO HEIGHTS ADDITION TO THE CITY OF FORT WORTH, TA ANT COUNTY,
TEXAS, ACCORDING TO THE PLAT RECORDED IN BOOK 204-A, PAGEi 126, DEED
RECORDS,TARRANT COUNTY.
(LONG AVE ROW IV)
(SLAUGHTER HEIGHTS; UNIT)
Electronic all iv Recorded Tarrant County Texas
Official Public Records 5/15/22-01 13 3:46 Ply D213123692
PGS 3 $24,00
Submifter: SIMPLIFILE
Mary Louise Garcia
MEMORANDUM OF OIL AND GAS LEASE
STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PR'SENTS.
COUNTY OF TARRANT §
BE IT REMEMBE D that on the Ihi day of 113, a Paid Up Oil
and Gas Lease was made and entered into by, and between tthe C Y 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 ("LE,S SEE")I, 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-
wits
SEE E "All ATTACHED HERETO AND MADE A PART HEREOF
41 0
Sub 0 ect, to the other provisions therein contained, said lease provides for a primary term
9
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 i's otherwise maintained in effect pursuant to the provis"Ions therein.
An Executed copy of said Oil and Gas Lease is in the possession of LESSEE at 'Its
address *indicated above.
A W" .4
Executed this theA4day of -2 2013.
04
LESSOR 1A
CITY OF FORT WORTH ATTEST: 0
()0Qf)o0
A X.
By: Fernando Costa ;qty Secret •
Title.- Assistant City Manager
APPROVED, AS TO FORM AND LEGALITY:
IJ
#0\
By: 14tAA\A,I L
Assi*stant City Attorney U
RECE13 0 n D I r I rk I A I
M&C ,Review Page I of 2
Official site of the C-ity of Fort Milli M Fs
is
CITY COUNCIL AGEN:DA FOU WORT11
COUNCIL ACTION,- Approved As Amended on 11/1712009 -Amen en is Highlightedin Yell�low
ru
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 Niatural Gas Diriil�ling Under
City-Owned Properties ofDive Acres or Less in Size
RECOMMENDATION,
It is recommended that-the City Council authorize the City Manager to approve and execute leases
for natural as drilling, under City-owned properties that acre five acres, or less in size.
DISCUSSION:
On January 18, 2007, (M&C G-1 5588) 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
admiinistratively 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 Dielvelopime�nt Department, the City
Attorney'l 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:
C'iity-owned property five acres oir 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 accoird�ance 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 presentedi to pity Council for consideration prior to execution for any City owned
2'41 i0ami0al QQ=L ^ro perties under fi ve acres if opposition to conversion is expressed by citizens in the
% U_Molf-4 1.%wo NA tj U I FN V
affected neighborhood or a Council Member irequests such, consideration.
FISCAL INF'O,RMIAT'l ON/CERTIIF'l�CAT'I'O,NI-
http-/ pps.,cfwnet.org/council
41 _pack t/mc—revi ew.asp?.ID=1266:8&co:unc Id ate=I 1/17/20019 5/31/2013
M&C Review Page 2 of 2
The Financial M�anagemeat Services Director certiifies, that this action will have no material effect on
City funds.
TO F'un /Account/Centers FROM Fund/Account/Centers
........... ................
Subm"Itad for Cl*!Y M'anaaer's, Office, Fernando Costa (6122)
go 0
Origi ngbingl Department Hileald'. Susan, Alards
Addlitionall Information Contact.
Jean Petr(8367)
ATTACHMENTS
http://apps.cfwnet.org/counc'l ?ID=I 2668&councI'Idate=11/17/2009 5/31/2013
1 _packet/mc—review'.asp.�