Res 421 7/11/1960r
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RESOLUTION NO . "/-4 /
BE IT RESOLVED by the Board of Aldermen of the City of
Wichita Falls, Texas:
THAT, WHEREAS, the City of Wichita Falls owns certain
lands , together with the mineral rights thereunder, adjacent to
Lake Kickapoo, in Archer County, Texas ; and ,
WHEREAS, it would be to the advantage of the City of
Wichita Falls to execute an oil and gas lease on a portion of such
lands , containing some 48.63 acres , more or less:
NOW, THEREFORE , BE IT RESOLVED by the Board of Aldermen
of the City of Wichita Falls , Texas , in compliance with Article
No . 5421p of the Revised Civil Statutes of Texas , as amended , that
the City Clerk publish the following notice in the official news-
paper of this city, for three consecutive weeks , and that on the
8th day of August, 1960, bids be opened for the sale of such oil
and gas leasehold irt4restof the lands described therein:
NOTICE is hereby given that the City of Wichita
Falls will offer to the highest bidder , for cash, a one
year term lease providing for a one-eighth ( 1/8th) roy-
alty on the following described lands situated in Archer
County, Texas , to vat:
BEGINNING at a point on the West boundary line of
Block No . One Hundred Twelve( i12) and the East boundary
line of Block One Hundred Eleven ( 111) of ATNCL Subdi-
vision 3527 . 56 feet North of the most Westerly Northwest
corner of Robert Carson Survey No . 154, Abstract No . 80 ;
THENCE West 1100 feet to a point;
THENCE South 980 feet to a point;
THENCE South 34° 30 ' East 1290 .77 feet to a point;
THENCE North 55° 30' East 1006 feet to a point;
THENCE North 34° 30 ' West 950 feet to a point;
THENCE North 608 feet, to the place of beginning ;
containing 48 .63 acres , more or less .
that interested bidders may bid therefor by filing their
bid setting out the bonus they are willing to pay for such
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oil and gas lease with the City Clerk of Wichita
Falls , Texas , on or before Twelve Noon of Augmat /4-‘041.
8, 1964.
That such bids shall be opened by the Board of Al-
dermen of the City of Wichita Falls , at its next
regular meeting after such date.
That the said lease shall be for a term of one year
and shall convey the oil and gas rights to a depth
of two thousand ( 2,000) feet only on the property
and that adequate provision therein shall be made
for the disposal of salt water , if any is produced
from said lease .
The City reserves the right to reject any and all bids .
CITY OF WICHITA FALLS
ATTEST:
By
C . 1J. Griggs , City Manager
A. L. Fitts , City Clerk"
That such bids shall be opened at the next regular meeting of
the Board of Aldermen of said City and the successful bidder,
if any, shall have fifteen days thereafter in which to perfect
his said lease ; the City to furnish such abstract as it has on
the property .
PASSED AND APPROVED this 11th d . of July, 1960.
ATTEST:
Mayor
A. L. Fitts , City Clerk /
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