R214L
RESOLUTION N0.214
A RESOLUTION OF THE CITY OF KENNEDALE, TEXAS, AUTHORIZING
THE MAYOR TO EXECUTE AN OIL AND GAS LEASE WITH XTO
ENERGY, INC. FOR THE LEASE OF CERTAIN CITY OWNED MINERALS,
AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City has previously provided notice of its intention to award a
"no-drill" lease or leases for gas development for certain City-owned minerals pursuant to
a bid process; and
WHEREAS, on May 11, 2006 the City Council determined that XTO Energy, Inc.
("XTO") submitted the highest and best bid for seven separate City-owned tracts; and
WHEREAS, the City has now successfully negotiated all of the gas lease terms with
XTO for the tracts in question and the City Council now desires to authorize the Mayor to
execute an oil and gas lease for same.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF KENNEDALE, TEXAS, THAT:
SECTION 1.
The Mayor of the City of Kennedale is hereby authorized to execute an oil and gas
lease with XTO Energy, Inc. covering the following tracts:
1. Approximately 0.85 acres, Lots 1 &2, Blk. 89, City of Kennedale Addition,
Tarrant County, Texas.
2. Approximately 0.5 acres, Block 90, City of Kennedale Addition, Tarrant
County, Texas.
3. Approximately 0.88 acres, Tract 1A, Jesse B. Renfro Survey A 1260 Tarrant
County, Texas.
4. Approximately 8.75 acres, Tract 2, C. B. Teague Survey A 1506, Tarrant
County, Texas.
5. Approximately 3.60 acres, Tract 3, C. B. Teague Survey A 1506, Tarrant
County, Texas.
6. Approximately 5.610 acres, Tract 4C, C. B. Teague Survey A 1506, Tarrant
County, Texas.
W:\Kennedale\RESOLUTI\XTO.Gas Lease.wpd (09/05/06)
Page 1
7. Approximately 4.740 acres, Tract 4D, C. B. Teague Survey A 1506, Tarrant
County, Texas.
A true and correct copy of the fully executed lease shall be and remain on file with
the Office of the City Secretary.
SECTION 2.
This Resolution shall be effective on and after its date of passage
PASSED AND APPROVED on this 14th day of September, 2006.
~,.~•-- KENIV- -•.
'•.
.....
.
Q
~0 '.
.
;
~
,
,~ .
..
,,
~~,
~
~r s
.
.~ . N
• Q
.
,~~
Tai .. ~
.T:...••~
~G~~Y,GGv
City Secretary
W:\Kennedale\RESOLUTI\XTO.Gas Lease.wpd (09/05/06) Page 2
EXHIBIT "A"
PROPERTY DESCRIPTION
24.838 acres, more of less, and being a part of the C.B. Teague Survey, Abstract No.
1506, and the J.B. Renfro Survey, Abstract No. 1260, and Blocks 89 and 90 of the Town
of Kennedale, situated in the Southeast part of Tarrant County, Texas; and embracing the
tract described in the deed to The Fort Worth National Bank, Trustee, recorded in
Volume 5369, Page 787, of the Tarrant County Deed Records, described by metes and
bounds as follows:
BEGINNING at a 7/8 inch iron in the South line of said Teague Survey 805 feet East of
its most Westerly Southwest corner for the Southwest corner of said Bank Tract;
THENCE North along the West line of said Bank Tract 284-7/10 feet to a 7/8 inch iron
for its Westerly Northwest corner;
THENCE East along a North line of said Bank Tract 723-4/10 feet to a point for corner in
a creek from which a 5/8 inch iron bears West 35 feet;
THENCE North 33-3/10 feet to a Northwest corner of said Bank Tract in said creek from
which a 5/8 inch iron bears East 40 feet;
THENCE East along a North line of said bank Tract, at 40 feet pass said iron and
continue in a11769-4/10 feet to a 5/8 inch iron driven in the top of a Bois d'arc stake for a
re-entrant corner of said Bank tract;
THENCE North along a Northerly West line of said Bank Tract 234-28/100 feet to a 7/8
inch iron in the South line of the H. & T.C. Railway Co. right of way 50 feet Southerly at
right angle to its tract center;
THENCE along said South right of way line and the North line of said Bank Tract 50 feet
Southerly from and parallel to said tract center: South 76 degrees 14 minutes East 80-
42/100 feet; South 79 degrees 48 minutes East 102-55/100 feet; South 82 degrees OS
minutes East 101-80/100 feet; and South 83 degrees East 744-88/100 feet to a 7/8 inch
iron for the Northeast corner of said Bank Tract;
THENCE along the East line of said Bank Tract for the West line of County Road No.
2025: South IS degrees 30 minutes East 101-29/100 feet to a 5/8 inch iron; and South 18
degrees 30 minutes East 100 feet to a 5/8 inch iron; and South 22 degrees 45 minutes
East 400 feet to a 7/8 inch iron for the Southeast corner of said Bank Tract;
THENCE North 89 degrees 52 minutes West along the South line of said Bank Tract 176
feet to a 7/8 inch iron;
THENCE North 83 degrees 45 minutes West along the South line of said Bank Tract
1063 feet to a 5/8 inch iron;
THENCE North 35 feet to a 5/8 inch iron;
THENCE West along the South line of said Bank Tract 1492-8/10 feet to the PLACE OF
BEGINNING, and containing 24-838/1000 acres, of which 0-85/100 of an acre is within
the Renfro Survey and 23-988/1000 acres are within the Teague Survey, which includes
Blocks 89 and 90 of the City of Kennedale.