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HomeMy WebLinkAboutResolution - 5995 - Amendment To Agreement- Energas Company- Main Extension, Gas Transportation, Etc - 09_10_1998Resolution No. 5995 Item No. 26 September 10, 1998 RESOLUTION 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 a First Amendment to Municipal Main Extension, Gas Transportation and Pipeline Operation and Maintenance Agreement by and between the City of Lubbock, d/b/a Lubbock Power & Light and Energas Company, attached hereto, which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this loth day of September , 1998. ATTEST: Kaythfe Parnell, City -Secretary APPROVED AS TO CONTENT: Paul Thompso , Managing Director of Electric Utilities APPROVED AS TO RM: chard K. Casner, Natural-kasources Attorney da/ccdocs/enMas.res August 27, 1998 Resolution No. 5995 Item No. 26 September 10, 1998 FIRST AMENDMENT TO MUNICIPAL MAIN EXTENSION, GAS TRANSPORTATION AND PIPELINE OPERATION AND MAINTENANCE AGREEMENT THIS FIRST AMENDMENT TO MUNICIPAL MAIN EXTENSION, GAS TRANSPORTATION AND PIPELINE OPERATION AND MAINTENANCE AGREEMENT ("Amendment") is made by and between ENERGAS COMPANY, a division of Atmos Energy Corporation, a Texas and Virginia corporation (hereinafter °Energas"), and the CITY OF LUBBOCK, d/b/a LUBBOCK POWER & LIGHT, a Texas incorporated municipality (hereinafter "LP&L"). WITNESSETH: WHEREAS, effective January 8, 1998, Energas and LP&L entered into that certain Municipal Main Extension, Gas Transportation and Pipeline Operation and Maintenance Agreement ("Agreement"); and WHEREAS, the Plant (as defined in the Agreement) will not be ready to receive gas transported by Energas under the provisions of the Agreement until on or about July 1, 1999; and WHEREAS, LP&L has entered into an agreement with a third party regarding the operation and maintenance of the LP&L' Pipeline (as defined in the Agreement) and desires to release Energas from any obligations under the Agreement concerning the operation and maintenance of the LP&L Pipeline; and WHEREAS, the parties desire to amend and modify certain terms and provisions of the Agreement to accommodate the extended date, as well as certain other terms and provisions of the Agreement; as hereinafter set forth in this Amendment. NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Energas and LP8,L hereby amend and modify the Agreement as follows: 1.. The second part of the fourth recital paragraph on Page 1 of the Agreement concerning the operation and maintenance of the LP&L Pipeline is deleted in its entirety. 2. Subparagraph (a) of Section 1.11 of the Agreement is deleted in its, entirety and the following new subparagraph (a) is substituted in lieu thereof: "a. For the Plant Pipeline, the Points of Receipt shall be the interconnection between the LP&L Lateral and the KN (Red River) pipeline located in the Northwest Comer, Section 54, Block S, Lubbock County, Texas, the interconnection between the LP&L Lateral and the LG&E (PowerTex) pipeline located at the LP&L Holly Station in Lubbock County, Texas, and the point of connection of the LP&L Pipeline (which is an eight -inch gas line owned by LP&L, approximately thirty miles in length and which runs from the Cedar Hill gas processing plant in Garza County, Texas, to a point ending at the interconnection between the LP&L Lateral and the KN (Red River) pipeline in Lubbock County, Texas) and the LP&L Lateral.' 3. Section 2.03 of the Agreement is deleted in its entirety and the following new Section 2.03 is substituted in lieu thereof: 02.03 From and after January 8, 1998 (the "Effective Time"), Energas will proceed with reasonable diligence to obtain all Easements for the Right -Of -Way, and Energas shall complete the acquisition of the Right -Of -Way so that the installation and construction of the Energas Lateral will be completed on or before March 15, 1999 (the "Completion Date"). if Energas has not completed the installation and construction of the Energas Lateral by the Completion Date, LP&L may, at its option, terminate this Agreement by sending written notice of its election to terminate to Energas. Said notice must be sent to Energas on or before the expiration of five (5) days after the Completion Date. In the event LP&L elects to terminate pursuant to this Section 2.03, LP&L shall, within thirty (30) days after the termination date, purchase all interests of Energas in and to the Right -Of -Way and the Energas Lateral from Energas in an amount equal to the total of all actual costs incurred by Energas, through and including the termination date, in connection with the acquisition of the Right -Of -Way and the construction of the Energas Lateral. If LP&L does not terminate this Agreement pursuant to and in accordance with this. Section 2.03, then LP&L shall be deemed to have waived the termination option under this Section 2.03 and the Completion Date shall, without the necessity of further action by either party hereto, be automatically extended to July 1, 1999. Notwithstanding anything herein to the contrary, the provisions of this Section 2.03 are expressly subject to the provisions of Article 17 of this Agreement." 4. The third sentence of Section 3.01 of the Agreement is deleted in its entirety and the following new sentence is substituted in lieu thereof: "The Lateral will be comprised of approximately eight (8) miles of standard construction grade steel pipeline, grade X-52, having a wall thickness of 0.250.' 5. Section 3.04 of the Agreement is deleted in its entirety and the following new Section 3.04 is substituted in lieu thereof: "3.04 From and after the Effective Time, Energas will proceed with reasonable diligence to complete the construction and installation of the Energas Lateral, and the. interconnections between the LP&L Lateral and the KN (Red River) and. LG&E (PowerTex) pipelines, on or before the Completion Date. If Energas has not completed the foregoing by the Completion Date, then LP&L shall have the option to terminate this Agreement as provided in and pursuant to the provisions of Section 2.03 of this Agreement. Notwithstanding the foregoing, Energas shall be entitled to extend the Completion Date as provided in Article 17 if, through no fault on the part of Energas, the completion of the construction and installation of the Energas Lateral is delayed." 6. Section 6.03 of the Agreement is deleted in its entirety and the following new Section 6.03 is substituted in lieu thereof: 2 "6.03 Subject to the provisions of this Agreement and commencing on January 1, 1999, Energas agrees to receive, transport and deliver, on an interruptible basis, for and on behalf of LP&L, and LP&L agrees to deliver or cause to be delivered to Energas for redelivery through the Lubbock System, all of the gas that LP&L or the City of Lubbock purchases and uses to meet all of LP&L's or the City of Lubbock's requirements at the Municipal Facilities identified in Exhibit A attached hereto, all of which are located in or near the City of Lubbock, Texas; provided, however, that Energas shall have no obligation to transport gas hereunder through the Lubbock System on account of LP&L or the City of Lubbock in "excess of 3,000 MMBtu per day. Energas shall receive such gas at the designated Point(s) of Receipt therefor and transport the same through the Lubbock System to the Point(s) of Delivery therefor. Receipt and delivery of more than 3,000 MMBtu per day through the Lubbock System is subject to available capacity therein." 7. Article 8 (inclusive of Sections 8.01 through 8.05) of the Agreement is deleted in its entirety. 8. Section 9.01 of the Agreement is amended by deleting the first sentence thereof and substituting the following in lieu thereof: "Unless otherwise specifically provided herein, the unit of measurement for gas delivered and redelivered hereunder at the Points of Receipt and the Points of Delivery shall be one MMBtu." 9. Sections 9.02 and 9.03 of the Agreement are amended by deleting all references therein to the "O&M Metering Point". 10. Section 9.04 of the Agreement is amended by deleting all references therein to the "O&M Metering Point" and the "LP&L Pipeline°. 11. Section 9.06 of the Agreement is amended by deleting all references therein to the "O&M Metering Poinf. 12, Subparagraph (b) of Section 12.01 of the Agreement is deleted in its entirety. 13. The reference to Article 11 in subparagraph (a) of Section 13.01 of the Agreement is changed to read "Article 12". 14. The following subparagraph (f) is added to Section 13.01 immediately following subparagraph (e): "(f) . LP&L shall fail to have the Plant operational and ready to receive gas through the Energas Lateral by July 1, 1999. .15. Section 13.03 of the Agreement is deleted in its entirety and the following is substituted in lieu thereof: "13.03 Upon the occurrence of any event of default enumerated in subparts (b) through (e) of Section 13.01, Energas shall be entitled to terminate this 3 Agreement and seek damages in accordance with Section 13.04 of this Agreement. Upon the occurrence of an event of default under subpart (f) of Section 13.01, Energas shall, as its sole and exclusive remedy hereunder on account of such default, be entitled to receive payment .from LP&L, in addition to any applicable charges under Article 11 of this Agreement, the sum of Three Hundred Dollars ($300.00) per day until the day on which - LP&L commences initial deliveries of gas to Energas for re -delivery by Energas to LP&L through the Energas Lateral. The parties agree that the foregoing daily sum is not a penalty but instead constitutes a reasonable pre -estimate of Energas' probable loss on account of any failure by LP&L to have the Plant operational and ready to receive gas through the Energas Lateral by July 1, 1999." 16. Section 15.02 of the Agreement is amended by deleting all references therein to the "LP&L Pipeline". 17. Except as modified by this Amendment, all terms, conditions and provisions of the Agreement remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the day and year last written below. ENERGA MPANY, a div' ion of .CITY OF LUBBOCK, TEXA Atmos erg Corporation AnthonAdoney Windy Si n, Mayor Vice President, Ce al Regio Date: Date: September 10, 1998 Approved as to Content: Paul Thompson Director of Electric Utilities, Lubbock Power and U ht Richard K. asner Natural -Resources Attorney 4