HomeMy WebLinkAboutResolution - 2003-R0447 - Royalty Owner Ratification Of Agreement - 10_09_2003Resolution No. 2003-RO447
October 9, 2003
Item No. 59
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock BE and is hereby authorized and
directed to execute for and on behalf of the City of Lubbock the Royalty Owner
Ratification of Agreement Entitled Declaration of Pooled Unit Lubheirs Coop #20 Unit
Lubbock County, Texas. Said Ratification is attached hereto and incorporated in this
Resolution as if fully set forth herein and shall be included in the minutes of the City
Council.
Passed by the City Council this 9th day of
ATTEST:
Rebecca Garza, City Secretary
APPROVED AS TO CONTENT:
Ed Bucy, Right -of -Way Ag nt
APPROVED AS TO FORM:
Richard K. Casner
First Assistant City Attorney
ke/ccdocs/Texland. Declaration.#20. Res.
September 24, 2003
October
UGAL, MAYOR
Resolution No. 2003-RO447
ROYALTY OWNER
RATIFICATION OF AGREEMENT ENTITLED
DECLARATION OF POOLED UNIT
LUBHEIRS COOP #20 UNIT
LUBBOCK COUNTY, TEXAS
STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LUBBOCK §
WHEREAS, each undersigned party hereby acknowledges receipt of a true and correct copy of that
certain agreement dated as of November 15, 2002, and entitled Declaration of Pooled Unit, Lubheirs Coop
#20 Unit, Lubbock County, Texas, which said agreement is hereinafter referred to as the Unit Agreement;
and
WHEREAS, Exhibit `A', attached to and made a part of said Unit Agreement, identifies the
separately owned tracts out of Sections S and 6, Block A, Lubbock County, Texas, which are being pooled
together into a 40 acre production unit for Texland Petroleum, Inc.'s Lubheirs Coop #20 Unit.
WHEREAS, each undersigned party represents that it is a Royalty Owner, defined as a person or
entity who holds record title to a royalty or overriding royalty interest, in one or more of the Tracts identified
in Exhibit `A' hereof, and
WHEREAS, each undersigned Royalty Owner, being familiar with the Unit Agreement, desires to
ratify and confirm said Unit Agreement, and to ratify and confirm as being in full force and effect the lease
or leases under which said Royalty Owner owns a royalty interest.
NOW, THEREFORE, each undersigned Royalty Owner does hereby ratify and confirm said Unit
Agreement, and does hereby ratify and confirm as being in full force and effect the lease or leases under which
said Royalty Owner owns a royalty interest. Each Royalty Owner with respect to all of its interests in all of
the separately owned tracts identified in Exhibit `A', hereby becomes a party to the Unit Agreement, the same
as if the undersigned party had signed an original of said Unit Agreement.
The undersigned party has read the Unit Agreement prior to executing this Ratification. Zhoiaco;Porated*nsa;ALTakA,8A= — haue be= made to the undenigned and that this Raliflcat;on hap, heexL—
signed and deliuemd subject onLy to the terms and prwAsiovs hereof and ofsaid Unit Agreement. 1-11,
-
EXECUTED this 9th day of October , 2002.3
Royalty
dty Owner Signature
C MCDOUGAL, MAYOR
ATTEST:
ARebe ca a4-A.:e -
City Secretary
Page 1 of 2
STATE OF TEXAS
COUNTY OF LUBBOCK §
This instrument was acknowledged before me on this 1E day of
2003, by MP.re- 11--D(9 q& A4- as Mayor of the City of Lubbock, Texas.
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Notw y Pubk, State of Texas
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APPROVED AS TO CONTENT:
Ed Bucy, Right -of -Way Agent
APPROVED AS TO FORM:
Richard . Casner
First Assistant City Attorney
(�� ';t; �.e 1 �_
Notary Public, State of Texas
My commission expires: 03 -o
Royalty owner ratification-lubheirs coop#20 unit Page 2 of 2
Resolution No. 2003 R 0447
EXHIBIT "A"
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