HomeMy WebLinkAboutResolution No. 16-7664-Transfer of Oil Pipeline Franchise-Exxonmobile to Torrance PipelineRESOLUTION NO. 16 -7664
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY CONSENTING
TO THE TRANSFER OF AN OIL PIPELINE FRANCHISE FROM EXXONMOBIL OIL
CORPORATION TO TORRANCE PIPELINE COMPANY LLC AND APPROVING THE
ASSUMPTION AND ASSIGNMENT AGREEMENT RELATED THERETO
WHEREAS, on September 12, 2006, through Ordinance No. 06 -1195, the Downey City
Council granted a 10 year franchise to ExxonMobil Oil Corporation to construct and operate a
pipeline system for the transportation of gas, petroleum oil and other hydrocarbon substances
and general operations incidental to the oil industry within certain streets of the City of Downey;
and
WHEREAS, said franchise was for a term of ten years and expires on October 12, 2016;
and
WHEREAS, on September 16, 2015, ExxonMobil Oil Corporation requested another 10
year franchise for their pipeline system within the City; and
WHEREAS, on June 1, 2016, ExxonMobil Oil Corporation assigned and transferred,
granted and conveyed all of its right, title and interest in and to the leases, easements, rights of
way, franchises, permits, licenses and other rights within the City to Torrance Pipeline Company
LLC; and
WHEREAS, per Ordinance No. 06 -1195, any sale, transfer, assignment or lease of the
franchise or any part thereof, or naming another person or entity to operate any pipeline or
related Facility subject to the franchise requires the consent of the City Council; and
WHEREAS, On July 19, 2016, ExxonMobil requested the City's consent for said transfer
to Torrance Pipeline Company LLC; and
WHEREAS, it is the intention of the City Council of the City of Downey to consent to the
transfer of franchise for a pipeline system for the transportation of gas, petroleum and other
hydrocarbon substances within the City from ExxonMobil Oil Corporation to Torrance Pipeline
Company LLC and approve an Assumption and Assignment Agreement.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The City Council of the City of Downey hereby consents to the transfer of
franchise from ExxonMobil Oil Corporation to Torrance Pipeline Company LLC and approves
the Assumption and Assignment Agreement attached hereto as Attachment "A" and furthermore
authorizes the Mayor to execute the Assumption and Assignment Agreement in a form
approved by the City Attorney.
SECTION 2. The City Clerk shall certify to the adoption of this resolution.
RESOLUTION NO. 16 -7664
PAGE 2
APPROVED AND ADOPTED this 23d day of August, 2016.
SAAB, Mayor
ATTEST:
&W"� . i i�1
ADRIA M. JIMENEI MMC
City Clerk
I HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of
the City of Downey at a regular meeting held on the 23rd day of August, 2016 by the following
vote, to wit:
AYES:
Council Members:
Ashton, Brossmer, Marquez, Vasquez, Mayor Saab
NOES:
Council Member:
None.
ABSENT:
Council Member:
None.
ABSTAIN:
Council Member:
None.
G44Et I . n4X_,
ADRIA M. JIMENEZ, 4MC
City Clerk