HomeMy WebLinkAboutContract 44834 CITY SECIVARY
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MEMORANDUM OF...OIL AND GAS, LEASE
STATE ATE OF TEXAS
KNOW ALL E Y THESE P S NTS 0
COUNTY of T RRANT
BE IT REMEMBERED that on the Ord day o 2013, a raid U Oil
and Gas Lease was made and. entered. into y and bet peen . e CIT OF FORT WORTH, a
o a rule municipal corporation of the State of Texas,, 1000 Throckmorton Street, Fort
Worth, Texas 76102, hereinafter called. "(LESSOR)"; anal X o Energy Inc., 810 Houston
Street, Fort Worth, Texas 761012, hereinafter called. ("LESSEE"), where LESSOR hereby grants,
leases and lets exclusively to LESSEE for the purpose of exploring for, develop in , producing
and marketing oil and gas, together with any liquid or gaseous substances produced in
association therewith, from the following describeld land situated. in Tarrant County, Teas, to
-
Wit:
SEA EXHIBIT"A"'ATTACHEDRERETO AND MADE A PART HEREOF
Subject to the other provisions therein contained, lease ro° � e s for a primary term
of two 2 years, from the date thereof", and as long thereafter as oil or gas or ether 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 provisi
ons,therein..
An Executed copy of said.. Oil and Gas Lease is in the possession of,LESSEE at its
address indicated above.
Exectited this the 44 lay of 201.3.
LESSOR:
CITY OF FONT WORTH AT EST:
47 4--
n pw
By. Fernando Costa City Secret
Title: Assistant City Manager
APPROVED AS TO FORM AND LEGALITY.
By-
ml
Assistant Cit Ott Jrne
OFFICIAL RECORD
CITY SECRETARY
R E C E I V'E D WORTH,TX
B
Or
ACKNOWLEDGEMENJ
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 U-NDER MY HAND AND SEAL OF OFFICE this,-;/ (Jay 0' 2013.
[SEAL 4L
Notary Public, in and for the
"I EVONIA DANIELS
State of Texas NOtOfy PLjbllc,,Stote of'rexa,
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My C.ornrnlssion Expites
0,oh�6.
July 101, 2017
My Commission Expires:
-.—Print Name of Notary Public Here
LESSEE:
XTO ENERGY INC.
ei
By:
Its.- ._S'rvice P,iesident—Land Adininistration
ACKNOWLEDGEMENT
THE STATE OFTEXAS §
COUNTY OF TAM NT` §
BEFORE ME,, the undersigned, a Notary Public, on this day personally appeared
Edwin S_k)on. Jr. on behalf of XT O 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.,
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of
2013.
[SEA
lNotary Public in and for the
oo CM�U F.W"ES
State of No"Pubk$Is*of Tons
W cara"i":Ejxptw
Match C&2016
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My Commission Expires.-
.17
Print Name of Notary Public Here
EXHIBIT A
0.281 acres, more or less, located in the William Edwards Survey, A-471', Tarrant
County, Texas, and being a portion of Lots 20, 21 and 22, Block 2, Scenery Hill
Addition,, according to the Plat recorded at Volume 80:0,, Page 59 of the Plat Records of
Tarrant County, Texas, and being more particularly described in that certain Quit Claim
bead dated January 20, 1927, from W. B. Martel and, wife, Eva M. Martel, to The City of
Fort Worth, as recorded at Volume 9691, Page 37, Official Public Records, Tarrant
County, Texas.
(MARTEL AVE ROW 11)
M&C RevIew Page 1, of 2
()`ffl(J31 Of dl(�(`,ty of F(,,)rt 0)orth,Texas
FoRTWORTH
CITY COUNCIL AGENDA
COUNC11.ACTION.- Approved As Amended on 11i1 7/2009 - Amendment "Is Kighlightedin Yellow
06ADM IN
-14,889 LOCI NAME,-,
DATE: 11/17/2009 REFERENCE NO L LEASES
CODE"- L TYPE: NOWCONSENT PUBLIC NO
HEARING.-
41
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.
it
DISCUSSION'10
On, January 18, 20107, (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 propertiesthat are two
i
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, recommendi t,gi as, leases for thies,e properties be
administratively approved for niatural gas drilling leases after evalu�ation of the, gas, company's drilling
p:l,an,, reputation, financial status, project team and compliance history by staff r di the City's mineral
asset management consultant, Midkiff Oil and Gas. The leases would be executed t ugh an
internal administrative process involvinigi 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 all leases in
order to ensure that the City is not excluded from un,its due to the time necessary for pity Council
review.
Requirements and guidelines to be fol,lowed,: in determining eligibility for inclusion in the Administrative
Gas Lease Process are as, follows.:
City-owned property five acres or less,*
No surface use old any kind;
identified adverse impact to the surround�iru g neighborhood,
Compliance with the City's gas drilling ordinancel
Minimum dog us to, be determined by current market rate"
Minimum royalty of 25 percent',
f
The distribution of lease bonus and: royalties will be in accordanc It the, revenue, distribution
Polic�y approved by the City Council; and
I
No M/W&E goal will be required due to, the size of the parcels.
The lease will be presented to City Counci ow:l for consideration prior to execution for any City rued
propelfties und
%A 1U U 1 NJU L%;o NA e�r five acres if opposition to conversion is, expressed by citizens, in the
i
affectedi neighborhood or a Council Member requests such consideration.,
FISCAL INFORMATIO,N/CERTI::FICAITIO,,,,Nl-.
http://apps.cit'wnet.org/cou nc*I
.1 _packet/mc—review.asp?I Dl=I 2668&counci1 date='11/1,7'/2009 5/3 1 120 1 3
M eview .Page 2 of 2
The Financial Management Services Director certifies that this action mill have no material afifact on
City funds.
TO Fullnd/Acco.u,nt/Centers FROM Fund/'Account/Cent,ers
Submitted for City Manager's Office b Fernando Costa (6 122)
Orl"g,ing,fing De artmient eadl:...... Susan Ala in (8180)
Addoltionall In orr aUon Contactal Jean Petr(8367)
... ........, w,,,. ..... ..,...N, „......ry.....M. ry
ATTACHMENTS
: "ap s. fw .o c n 1 aicket/ rev" "tD�=t 2668&c a 1Idate=t t/1 2009 5/31/2013