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HomeMy WebLinkAboutContract 41827 CITY SECRETARY CONTRACT NO. MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § y BE IT REMEMBERED that on thee day of /ZW T, 2011, a Paid Up Oil and Gas Lease was made and entered into by and between tliVCITY OF FORT WORTH,a home rule municipal corporation of the State of Texas, 1000 Throckmorton Street, Fort Worth, Texas 76102, hereinafter called "(LESSOR)"; and VANTAGE FORT WORTH ENERGY, LLC, 777 Main Street, Suite 790, 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 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. �/ Executed this the/d day of /,� ,2011. LESSOR: ESSEE: CITY OF FORT WORTH VANTAGE ORT WORTH ENERGY,LLC a Delaware invited Liability Company By:Fernando Costa By: arry Osborne Title:Assistant City Manager Its: Attorney in Fact ATTEST: Q° F 1F�Rr as p000000 � o>� City Secretaryv$ *d �0p000000° ,d APPROVED AS TO FORM AND LEGALITY: 441rtA 54�p By: A�J 1�Ltk� Vyt°� E® M �_)UIRED Assistant City Attorney Date: t1 ILL 1 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. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of 2011. [SEAL ' i44t"'6� Notary Public in and for the 44111,11. EVONIA D,ANIEL6 State Of Texas WCOMMISSION EXPIF[s July iQ 2013 My Commission Expires: — Print Name of Notary Public Here THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned, a Notary Public, on this day personally appeared C. Barry Osbome,Attorney in Fact of Vantage Fort Worth Energy,LLC,a Delaware Limited Liability Company 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 this Z-- ,day of 2011. 0f tary Public in and for the P j State of Texas t :: AMANDA D.CQULTER - e MY COMMISSION EXP19ES ce Dember 10,2013 6 My Co missi n Exp' s: --� (•,y -, Print Name of Notary Public Here 0.VjG 1.,Kr RD C1 $ECRs'iAR`t 2 Exhibit"A" Two parcels of land,containing 1.1990 acres,more or less,described as follows: Tract 1: Being a 0.1230 tract of land out of the W.J.Morgan Survey,A-1092,City of Fort Worth,Tarrant County,Texas,more particularly described in a Warranty Deed,Volume 3425, Page 263,Dated 3/15/1960,in the Deed Records,Tarrant County,Texas. Tract 2: Being a 1.0760 tract of land out of the W.J.Morgan Survey,A-1092,City of Fort Worth,Tarrant County,Texas,more particularly described in a Warranty Deed,Volume 4010, Page 512,Dated 11/16/1964,in the Deed Records,Tarrant County,Texas. (GRANBURY ROAD ROW) 3