Ordinance No. 4,66170312 -1
ORDINANCE NO. 4661
AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO
EXECUTE AND THE CITY CLERK TO ATTEST TO AN AMENDMENT TO
THE OIL, GAS, AND MINERAL LEASE BETWEEN THE CITY OF
BAYTOWN AND TRACE OIL AND GAS COMPANY; AND PROVIDING FOR
® THE EFFECTIVE DATE HEREOF.
WHEREAS, the City of Baytown entered into a two year lease
with Trace Oil and Gas Company which covers certain City owned
property, for which the City received $6,345.00 as bonus payment;
and
WHEREAS, Trace Oil and Gas Company desires to extend the
lease for one additional year for an additional bonus payment of
$3,172.50; NOW THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN,
TEXAS:
Section 1: That the City Council of the City of Baytown,
Texas, hereby approves an amendment to the oil, gas, and mineral
lease between the City of Baytown and Trace Oil and Gas Company
and authorizes and directs the Mayor and City Clerk of the City
of Baytown to execute and attest to said amendment. A copy of
said amendment is attached hereto, marked Exhibit "A," and made a
part hereof for all intents and purposes.
Section 2: This ordinance shall take effect immediately
from and after its passage by the City Council of the City of
Baytown.
INTRODUCED, READ and PASSED by the affirmative vote`of the
City Council of the City of Baytown, this the 12th day of March,
1987.
TT 0. HUTTO, a , -K
ATTEST:
EILEEN P. HALL, City Clerk
RANDALL B. STRONG, City At ney
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AMENDMENT OF OIL AND GAS LEASE
(Extension of Primary Term)
THE STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS; THAT,
COUNTY OF HARRIS §
WHEREAS, on the 29th day of April, 1985, the City of
Baytown, Texas, as Lessor, (hereinafter. "Lessor ") did
execute and deliver to Trace Oil & Gas Company, as Lessee,
(hereinafter "Lessee ") an Oil, Gas and Mineral Lease which
was recorded under Film Code Sequence No. 013 -75 -1922 et seq
of the Official Public Records of Real Property, Harris
County, Texas (hereinafter "the Lease ") and the Lease
covers certain land situated in the 'county and state
described in the Lease, reference to the Lease and the
record thereof being here made for all purposes; and
WHEREAS, on October 13, 1986, ,Lessor did execute and
deliver to Lessee an Amendment of Lease Description, which
was recorded under Film Code Sequence No. 063 -65 -0045 et sec
of the Official Public Records of Real Property, Harris
County, Texas (hereinafter "the Amendment ") and the
Amendment covers certain land situated in said county and
state described in the Amendment, reference to the Amendment
and the record thereof being here made for all purposes; and
WHEREAS, the Lease and all rights and privileges
thereunder are now owned and held by Lessee; and
WHEREAS, Lessor and Lessee desire to extend the primary
term of the Lease for one (1) additional year.
NOW, THEREFORE, in consideration of the payment by
Lessee to Lessor of ten dollars ($10.00) and other valuable
consideration, the receipt of which is hereby acknowledged,
Lessor and Lessee do hereby agree as follows:
The primary term of the Lease shall be and is hereby
amended and changed from two (2) years from date of the
Lease to three (3) years from date of the Lease; and for the
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® same consideration, Lessor and Lessee jointly and severally
do hereby ratify and confirm the Lease, upon and subject to
all of its terms and provisions as hereby amended, and
Lessor does hereby grant, lease and let to the Lessee, its
successors and assigns, all oil and gas in, on or under the
land described in the Lease and the Amendment upon and
subject to all of the terms and provisions of the Lease
during the primary term thereof, as extended hereby.
This amendment shall extend to and be binding upon the
successors and assigns of each of the undersigned.
EXECUTED this day of February, 1987.
THE CITY OF BAYTOWN, TEXAS
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By:
Emmett O. Hutto, Mayor
TRACE OIL & GAS COMPANY
BY,jy�� /.
" -Steph n F. Ferguson,
Vice President
THE STATE OF TEXAS §
§
COUNTY OF HARRIS. §
This instrument was acknowledged before me on the
day of February, 1987, by Emmett O. Hutto the Mayor
of the City of Baytown, Texas on behalf of said city.
Notary Public in and for
the State of Texas
Printed Name of Notary:
My Commission Expires:
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THE STATE OF TEXAS §
§
COUNTY OF HARRIS §
This instrument was acknowledged before me on the
f/, day of February, 1987, by Stephen F. Ferguson, the
Vice - President of Trace Oil & Gas Company, a Texas
corporation, on behalf of said corporation.
Notary Plic in and for
the State of Texas
Printed Name of Notary:
Al
My Commission Expires:
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MAILING ADDRESS OF LESSOR:
The City of Baytown, Texas
P. 0. Box 424
Baytown, Texas 77520
Attention: Randall B. Strong,.
City Attorney
MAILING ADDRESS OF LESSEE:
Trace Oil & Gas Company
922 Americana Bldg.
811 Dallas
Houston, Texas 77002
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