Ordinance No. 4,97280414 -3
ORDINANCE NO. 4972
AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO
EXECUTE AND THE CITY CLERK TO ATTEST TO A SECOND
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 which was amended to extend the lease for one additional
year; and
WHEREAS, Trace Oil and Gas Company desires to extend the
lease for ninety (90) days for an additional bonus payment of
$793.13; 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 the second 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 14th day of April,
1988.
MM_ETT 0. HUTTO, Mayor
ATTEST:
EILEEN P. HAL ity Clerk
RANDALL B. STRONG, Ci A torney
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® AMENDMENT OF OIL AND GAS LEASE
(Extension of Primary Term)
THE STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRSENTS; 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 ") which 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 seq of the
Official Public Records of Real Property, Harris County, Texas
(hereinafter "the Amendment ") which 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, on February 25, 1987, Lessor did execute and
deliver an Amendment of Oil and Gas Lease (Extension of Primary
Term), which was recorded under Film Code Sequence No. 076 -71-
® 0011, which extended the primary term of the Lease to three (3)
years from its date;
IESA T A
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®
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 an
additional ninety (90) days.
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 three (3) years from date of the Lease
to three (3) years and ninety (90) days from date of the Lease;
and for the 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.
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This amendment shall extend to and be Binding upon the
successors and assigns of each of the undersigned.
EXECUTED this
THE STATE OF TEXAS §
§
COUNTY OF HARRIS §
day of April, 1988.
THE CITY OF BAYTOWN, TEXAS
B
mmett O. Hutto, Mayor
TRACE OIL & GAS COMPANY
L-
Stephen F. Ferguson,
Vice President
This instrument was acknowledged before me on the
day of April, 1988, by Emmett 0. 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 5
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COUNTY OF HARRIS 5
This instrument was acknowledged before me on the
® day of April, 1988, by Stephen F. Ferguson, the Vice - President of
Trace Oil & Gas Company, a Texas corporation, on behalf of said
corporation.
Notary Public in and for
the State of Texas
Printed Name of Notary:
My Commission Expires:
MAILING ADDRESS OF LESSOR:
® The City of Baytown, Texas
P. 0. Box 424
Baytown,'Texas 77522
Attn: 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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