Title
Adopt a resolution:
a. Transferring an Oil Pipeline Franchise Agreement from ExxonMobil Oil Corporation (formerly Mobil Oil Corporation) to Green Gate San Ardo LLC.
b. Authorizing the Clerk of the Board to submit a copy of the resolution transferring the Franchise Agreement and a copy of the Resolution to the County Auditor-Controller for annual billing.
c. Authorizing the County Auditor-Controller to allocate all fees collected through this franchise to the General Fund.
d. Approving the release of the Faithful Performance Bond from ExxonMobil (Bond No. SU1205676) and replace it with Green Gate San Ardo LLC Performance Bond No. B014863 (Attachment D) to ensure the Faithful Performance of all the covenants, terms, and conditions of said Franchise Resolution pursuant to Resolution Number 00-271 (Attachment B).
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RECOMMENDATION:
It is recommended that the Board of Supervisors adopt a resolution:
a. Transferring of an Oil Pipeline Franchise Agreement from ExxonMobil Oil Corporation (formerly Mobil Oil Corporation) to Green Gate San Ardo LLC.
b. Authorizing the Clerk of the Board to submit a copy of the resolution transferring the Franchise Agreement and a copy of the Resolution to the County Auditor-Controller for annual billing.
c. Authorizing the County Auditor-Controller to allocate all fees collected through this franchise to the General Fund.
d. Approving the release of the Faithful Performance Bond from ExxonMobil (Bond No. SU1205676) and replace it with Green Gate San Ardo LLC Performance Bond No. B014863 (Attachment D) to ensure the Faithful Performance of all the covenants, terms, and conditions of said Franchise Resolution pursuant to Resolution Number 00-271 (Attachment B).
SUMMARY/DISCUSSION:
On April 17, 1990, the Board of Supervisors adopted a Resolution (90-231) granting a Private Purpose Franchise Agreement to Mobil Oil Corporation, under which Mobil Oil Corporation was authorized to operate and maintain certain...
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