Ordinance No. 5,069ORDINANCE NO. 5069
AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO
EXECUTE AND THE CITY CLERK TO ATTEST TO AN AMENDMENT TO
THE LEASE AGREEMENT BETWEEN THE CITY OF BAYTOWN AND
TRACE OIL AND GAS; AND PROVIDING FOR THE EFFECTIVE DATE
® HEREOF.
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 lease agreement with
Trace Oil and Gas, 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 28th day of July,
1988.
EMMETT 0. HUTTO, Mayor
ATTEST:
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EILEEN P. HALL, City Clerk
PRANDALE--B._O i torne
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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 sect 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;
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WHEREAS, on April 18, 1988, Lessor did execute and
deliver an Amendment of Oil and Gas Lease (Extension of Primary
Term), which was recorded under Film Code Sequence No. 116 -72-
2488, et secs extending the primary term of the Lease to three (3)
years and ninety (90) days from its date; 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 an additional period of time.
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 and ninety (90) days
from date of the Lease to three (3) years and six (6) months 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 28th of July, 1988.
is THE STATE OF TEXAS §
COUNTY OF HARRIS §
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THE CITY OF BAYTOWN, TEXAS
By:
Hutto, Mayor
TRACE OIL & GAS COMPANY
By:
Stephen F. Ferguson,
Vice President
This instrument was acknowledged before me on the
day of July, 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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91040086/LGJ
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THE STATE OF TEXAS §
COUNTY OF HARRIS §
® This instrument was acknowledged before me on the
day of July, 1988, by Stephen F. Ferguson, the Vice - President of
Trace Oil & Gas Company, a Texas corporation, on behalf of said
corporation.
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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
91040086/LGJ
Notary Public in and for
the State of Texas
Printed Name of Notary:
My Commission Expires:
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