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HomeMy WebLinkAboutResolution - 3275 - Contract - State Of Texas School Land Board - Natural Gas Supply - 12/14/1989Resolution # 3275! BID #10357 December 14, 1989 Item #23 DGV:da 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 Gas Sales Contract by and between the City of Lubbock and the State of Texas School Land Board, attached herewith, 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 14th day of December 1989. Ranette Boyd, City Secr APPROVED AS TO CONTENT: KODert Massengale, Assistant C Manager for Financial Services APPROVED AS TO FORM: Uoinia G. Vandiver, Firs Assistant City Attorney c� B. C. Mc INN, MAYOR Resolution #3275 BID #10357 12-14-89 GLOContrac2No. 90--086 P GAS SALES CONTRACT by and between THE COMMISSIONER OF THE GENERAL LAND OFFICE AND THE CHAIRMAN OF THE SCHOOL LAND BOARD OF THE STATE OF TEXAS •••• and ••• THE CITY OF LUBBOCK, TEXAS •• • INDEX ARTICLE CONTENTS PAGE I Definitions 2 II Quantity 3 III Point of Delivery 3 IV Measurement 3 V Quality 5 VI Price 6 VII Invoicing, Payment & Audit 6 VIII Term 7 IX Force Majeure 7 X Non -Waiver of Future Default 8 XI Successors & Assigns 8 •• XII Representation of Title 8 ' XIII Responsibility g • XIV Regulatory Bodies g XV Addresses g •• XVI Miscellaneous 10 .....: Signatures 10 Exhibit A GAS SALES CONTRACT THIS CONTRACT, made, entered into and effective the 1st day of April, 1990, hereinafter referred to as "Effective Date"', by and between the STATE OF TEXAS, acting by and through the School Land Board and the Commissioner of the General Land Office, hereinafter referred to as "'Seller", and the CITY OF LUBBOCK, TEXAS, hereinafter referred to as "'Buyer". • • • • WITNESSETH: WHEREAS, Seller has available a supply of in-kind royalty •� natural gas which has been produced in Texas; and •••�; WHEREAS, Buyer owns and operates a 20 MW combustion turbine •� located on the campus of Texas Tech University, (the "turbine"), • and that said turbine generates and supplies steam and •. electricity for the primary benefit of Texas Tech University in Lubbock, Texas, and requires a supply of natural gas for the • •• utilization of said turbine; and WHEREAS, Seller desires to sell to Buyer and Buyer desires • to purchase from Seller such natural gas under the terms and conditions hereinafter set forth; NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements hereinafter set forth, and pursuant to the authority provided the School Land Board and the Commissioner of the General Land Office under Section 52.133, Texas Natural Resources Code and other applicable law, and the authority provided the City of Lubbock under Vernon's Ann. Civ. St. art. 4413(32c) and other applicable law, the parties covenant and agree as follows: ARTICLE I DEFINITIONS Except as otherwise specified, the following terms as used herein shall be construed to have the following meanings: 1. Day - shall mean a period of time commencing at seven o'clock (7:00) a.m. Local Time, hereinafter referred to as "LT", on any day and ending at seven o'clock (7:00) a.m. LT on the next succeeding day. 2. Month - shall mean a period of time commencing at seven o'clock (7:00) a.m. LT on the first day of any month and ending at seven o'clock (7:00) a.m. LT on the first day of the following month. 3. Year - shall mean a period of three hundred sixty-five (365) consecutive days commencing and ending at seven o'clock (7:00) a.m. LT; provided, however, that any year which contains the date of February 29 shall consist of three hundred sixty-six (366) consecutive days. 11. Gross heating value - shall mean the number of Btu's produced by the complete combustion, at constant pressure, of the amount of gas which would occupy a volume of one (1) cubic foot at a temperature of sixty (60) degrees F, if saturated with water vapor and at a constant pressure of fourteen and sixty-five hundredths (14.65) psia and under standard gravitational force (acceleration 980.655 centimeters per second) with air of the same temperature and pressure as the gas when the products of combustion are cooled to the initial temperature of the gas and air and when the water formed by combustion is condensed to the liquid state, and when corrected from the conditions of testing to that of the actual condition of the gas as delivered expressed 2 4. Psia - shall mean pounds per square inch, absolute. 5. Psig - shall mean pounds per square inch, gauge. •••• . . . 6. Gas - shall mean natural as as g produced in its natural • state. 7. Cubic foot of gas - shall mean the volume of anhydrous gas conta ned in one (1) cubic foot of space at a standard • 00 pressure base of fourteen and sixty-five hundredths (14.65) psis .. and a standard temperature base of sixty (60) degrees Fahrenheit, hereinafter referred to as "F". ,••, S. Mcf - shall mean one thousand (1,000) cubic feet. .....: 9. Btu - shall mean British thermal unit. 10. MMBtu - shall mean one million (1,000,000) Btu's. 11. Gross heating value - shall mean the number of Btu's produced by the complete combustion, at constant pressure, of the amount of gas which would occupy a volume of one (1) cubic foot at a temperature of sixty (60) degrees F, if saturated with water vapor and at a constant pressure of fourteen and sixty-five hundredths (14.65) psia and under standard gravitational force (acceleration 980.655 centimeters per second) with air of the same temperature and pressure as the gas when the products of combustion are cooled to the initial temperature of the gas and air and when the water formed by combustion is condensed to the liquid state, and when corrected from the conditions of testing to that of the actual condition of the gas as delivered expressed 2 in Btu per cubic foot and reported at a pressure base of fourteen and sixty-five hundredths (14.65) psia; provided, however, if the gas as delivered contains seven (7) pounds of water or less per one million (1,000,000) cubic feet, such gas shall be deemed to be anhydrous. 12. WACOG - shall mean the weighted average cost of gas as recorded by the General Land Office - Gas Marketing Division for sales of state royalty gas to state customers on a monthly basis to which Buyer shall have reasonable access upon written request to Seller. 13. Gas Transporter - shall mean any gas transportation company w th which Seller may from time to time contract for the purpose of providing transportation of Seller's gas as required under this Contract. ARTICLE II QUANTITY Commencing with the Effective Date and continuing throughout the term hereof, Seller agrees to use its best efforts to deliver and sell and Buyer agrees to accept and purchase up to 4,680 MMBtu's (based on a Btu content of 1,040 per cubic foot) of gas each day during the term of this Contract for Buyer's operation of the turbine; provided, however, that in the event Seller is •• unable, for any reason other than force majeure, to deliver an average of the full daily requirements up to 4,680 MMBtu's (based on a Btu content of 1,040 per cubic foot), Buyer may, upon 10 •� days' written notice to Seller, reduce the volume under this • Contract to the average daily volume delivered by Seller during ,. the preceding sixty (60) day period. • • • ARTICLE III • •• POINT OF DELIVERY • Point of Delivery - The point of delivery shall be in Hockley County, Texas, at Northern Natural's natural gas pipeline where it connects with the Northern -Adobe interconnect serving the Texas Tech University cogeneration facility. ARTICLE IV MEASUREMENT 1. Unit of Volume - The Unit of Volume for measurement of gas sold and purchased hereunder shall be one (1) cubic foot of gas at a base temperature of sixty (60) degrees F and at a pressure of fourteen and sixty-five hundredths (14.65) psia, as 3 provided by the Natural Resources Code of the State of Texas (Sections 91.051 through 91.062 of Vernon's Texas Codes Annotated). 2. Basis - All measurement facilities hereunder shall be operated Tn accordance with the standards approved by the American National Standards Institute of June 28, 1977 and prescribed in the Gas. Measurement Committee of the American Gas Association, hereinafter referred to as IwAGA", Report Number 3 (ANSI/API 2530, First Edition) as it is now and from time to time may be revised, amended or supplemented. Where measurement is by other than orifice meters, determination of the necessary factors for proper volume shall be as mutually agreed by the Parties. Buyer understands that Seller does not own or control any measuring facilities of gas transporter. However, Seller agrees to use its best efforts to assure Buyer's access to gas transporter's measuring facilities to the extent that in the event the meters are found to be inaccurate, such meters will be adjusted to register accurately. Also, in the event Seller and/or Buyer desires a special test of said measuring facilities, the Seller and/or Buyer shall cooperate to secure prompt verification of the accuracy of such facilities. Seller and/or Buyer agree to give the other parties sufficient advance notice of the time of all such special tests so that any party may conveniently be present or have its representative present. If •••. upon any test, the percentage of inaccuracy of the measuring • facilities is found to be in excess of one (1) percent, Seller and/or Buyer shall use its best efforts to assure that ••• registrations thereof shall be corrected for a period extending • back to the time such inaccuracy occurred if such time is • . ascertainable, and if not ascertainable, then back one-half (1/2) • •� of the time elapsed since the last date of calibration not to exceed fifteen (15) days. 3. Ideal Gas Laws - The measurement hereunder shall, unless otherwise agreed to by the parties, be corrected for •�•�•; deviation from Ideal Gas Laws, such shall be determined by use of • the tables of formulas published by the AGA Par Research Project NX -19, corrected for carbon dioxide and nitrogen. Determination of the molecular percentage of carbon dioxide and nitrogen in the gas shall be made within thirty (30) days after initial deliveries commence hereunder and at least quarterly thereafter. The molecular percentage of carbon dioxide and nitrogen thus determined will be used to determine the supercompressibility factors during the ensuing period, with corrections for specific gravities, temperatures and pressures under which gas is delivered hereunder. 4. Determination of Flowing Temperature - The temperature of the gas flowing through the measure facilities hereunder shall be determined by means of the continuous use of a recording thermometer, or by such other methods as the parties may mutually U agree. The arithmetic average temperature of the gas each day, during periods of flow only, shall be used in computing the quantity of gas delivered for that day. 5. Determination of Specific Gravity - The specific gravity of the gas flowing through the measuring facilities hereunder shall be determined by means of the continuous use of a recording gravitometer, or such other methods as may be agreed to by the parties. The arithmetic average specific gravity recorded each day, during periods of flow only, shall be used in computing the gas volume for that day. 6. Determination of Gross Heating Value - The gross heating value of the gas hereunder shall be determined by means of a recording calorimeter, employing the Thomas principle of calorimetry, proportional to flow continuous sampler or such other recording device mutually agreed upon by the parties hereto and acceptable within the industry. The arithmetical average of the hourly gross heating value recorded each day, during period of flow only, shall be considered as the heat content of the gas during such day. The gross heating value of such sample to be obtained either by calorimeter or chromatographic analysis using the values of the physical constants for the gas compounds and the procedure for determining the gross heating value of the gas shall be on a real basis in accordance with ANSI/ASTM D3588-79, as it is now and from time to time may be revised, amended or ••.. supplemented. The gross heating value of gas so determined in •••� Btu's shall be considered for all purposes to be the gross • •• heating value of the gas hereunder for the month in which the • •• sample is taken and all succeeding months until that month in which a new sample is taken. • i • • ARTICLE V UALITY ••�•' 1. All gas delivered hereunder shall conform to the •••,•� following specifications. The gas will: (a) Contain not more than one-quarter (1/4) grain of hydrogen sulfide or more than ten (10) grains of sulphur per one hundred (100) cubic feet; (b) Have a"Gross Heating Value of not less than nine hundred fifty (950) Btu's per cubic foot of gas but not more than one thousand one hundred eighty (1180) Btu's when saturated with H2O vapor; (c) Have a temperature of not greater than one hundred twenty (120) degrees F or less than forty (40) degrees F; 5 (d) Contain not more than three (3) percent by volume of carbon dioxide or one (1) percent by volume of oxygen; (e) Be commercially free of all liquids, suspended matters, dust, all gums and gum forming constituents, and other objectionable substances; and (f) Contain not more than seven (7) pounds of H2O vapor per one million (1,000,000) cubic feet. 2. If at any time gas tendered hereunder shall fail to substantially conform to any of the quality specifications set forth above, Buyer shall notify Seller of such deficiency and Seller shall remedy such deficiency as soon as practicable. If Seller shall not have corrected any failure to meet such quality specifications within thirty (30) days after receiving notice from Buyer of such failure, then Buyer shall have the right to terminate this contract by giving Seller notice of termination after said thirty (30) day period and prior to the date Seller's gas being delivered to Buyer begins to meet such quality specifications. ARTICLE VI 600:% PRICE •• . • ••0 08 The price for gas delivered to the Point(s) of delivery shall be the General Land Office -Gas Marketing Division monthly • in-kind Weighted Average Cost of Gas (WACOG) plus $.03 per MMBTU. •;�•�� In addition to the WACOG plus $.03 per MMBTU mentioned in the first sentence of this paragraph, $.03 per MMBTU shall be due as •. •„ a contract maintenance fee. In addition, Buyer shall reimburse Seller for all transportation and fuel charges, including any .. Federal Energy Regulatory Commission fees or charges, and •• compression fees assessed Seller by any pipeline companies •����; transporting gas sold under this contract, including, without • • limitation, those charges set out in Exhibit A. Seller will use its best efforts to use the lowest priced gas transportation available to it that will substantially achieve the objectives of this Contract. ARTICLE VII INVOICINGo. PAYMENT & AUDIT 1. Invoice - On or before the last day of each calendar month, Seller shall render unto Buyer at Buyer's address, as reflected in Article XV hereof, an invoice showing the amount of gas delivered to Buyer during the previous month at the applicable price or rate, as defined in Article VI hereof. This invoice shall also include any other amount due under the terms and conditions of this Contract, including any transportation costs, fuel charges, Federal Energy Regulatory Commission fees and compression fees. 2. Payment - On or before the 15th day of the second month following the month of delivery, Buyer shall pay to the Commissioner of the General Land Office in Austin, Texas the amount due pursuant to this Contract for deliveries during the second preceding month. 3. Penalty Clause - Payments received after the due date will be subject to the following penalty: 1 - 30 days 5% 31 - 59 days 10% Over 59 days 10% + 12% interest per annum The annual interest rate of 12% shall begin to accrue on the 60th day following the due date and accrue at the rate of .0329% per day. The minimum penalty is $25.00 per monthly payment. 4. Adjustment of Errors - In the event an error is discovered by either party in any statement or payment hereunder, such error shall be adjusted within ninety (90) days of the determination thereof. •••;•• 5. Examination of Books Records and Charts - Each party r •• hereto shall have, at is own expense, the ght, at reasonable hours, to examine the books, records and charts of the other party to the extent necessary to verify the accuracy of any statement, charge, computation, or demand made under or pursuant •, ••; to the provisions of any article hereof. Each party agrees to .. keep records and books of account in accordance with generally •.; accepted accounting principles and practices in the industry. • ARTICLE VIII • TERM Subject to the provisions hereof, this Contract shall commence April 1, 1990 and continue through March 31, 1991 and month to month thereafter until either party terminates by giving at least 120 days written notice to the other party of its intent to terminate. ARTICLE IB FORCE MAJEURE 1. The parties hereto shall be excused from performing under this Contract, to the extent they are rendered unable to perform an obligation in whole or in part by force majeure but only for the period of time and to the extent such force majeure 7 continues. The term "'force majeure" as employed herein shall mean any occurrence not reasonably within the control of the party claiming suspension and which by the exercise of due diligence such party is unable to prevent or overcome, including, but not limited to, the gas transporter's inability to transport gas on behalf of Seller. It is agreed that on such party's giving notice and reasonably full particulars of any force majeure, in writing or by telegraph, to the other party within a reasonable time after the occurrence of the cause relied on, then the obligations of the party giving such notice, so far as they are affected by such force majeure, shall be suspended during the continuance of any inability so caused, but for no longer period, and such cause shall, so far as possible, be remedied with all reasonable dispatch. 2. It is agreed and understood by the parties that in the event Seller's source of gas is no longer available due to circumstances beyond Seller's control to perform any act necessary to permit Seller to deliver gas to Buyer pursuant to the terms and provisions of this Contract, then such event shall per se constitute force majeure. In the event of Gas Transporter's inability to transport Seller's gas, Seller will use its best efforts to arrange alternative delivery of its gas as provided in this Contract. Buyer shall reimburse Seller for such transportation and any affiliated costs as provided in Article VI. ••�••� ARTICLE B • •• NON -WAIVER OF FUTURE DEFAULT • No waiver by either Seller or Buyer of any default by the other in performance of any of the provisions of this Contract •shall operate or be construed as a waiver of any other existing •� or future default, whether of a similar or of a different •• character. • ARTICLE XI SUCCESSORS & ASSIGNS No assignment of this Contract or any of the rights or obligations thereunder shall be made unless there first shall have been obtained the written consent thereto of the non - assigning party. ARTICLE XII REPRESENTATION OF TITLE Seller represents that it has good title to all gas delivered by Seller hereunder. Cj ARTICLE XIII RESPONSIBILITY 1. Buyer shall be in control and possession of the gas sold and purchased hereunder and responsible for any damage or injury caused thereby and shall bear the risk of any loss or destruction of said gas after the same shall have been delivered to Buyer at the Point of Delivery. 2. Each party will be responsible for its own acts and omissions and costs of defending, including attorneys fees, all suits, actions and claims for debt, damages and losses arising from its own acts or omissions or out of adverse claims by any and all persons to said gas or to royalties or to any charges against said gas. ARTICLE XIV REGULATORY BODIES This Contract is subject to all valid orders, rules and regulations of any state, federal or other regulatory body having jurisdiction over the purchase, transportation, sale or use of the gas sold hereunder and the parties agree to comply with such orders, rules and regulations. Should either of the parties by law or regulation, be ordered or required to do any act •••• inconsistent with the provisions of this Contract, this Contract • shall be deemed to be modified to conform with such law or • •• regulation. ••�; ARTICLE XV ADDRESSES Any notice or request provided for in this Contract shall be •. mailed or delivered to the party to whom given at such party's • •• address as follows: • SELLER: COMMISSIONER OF THE GENERAL LAND OFFICE STEPHEN F. AUSTIN BUILDING 1700 NORTH CONGRESS AVENUE AUSTIN, TEXAS 78701 ATTN: ANTHONY GALINDO BUYER: CITY OF LUBBOCK LUBBOCK POWER & LIGHT COMPANY P.O. BOX 2000 LUBBOCK, TEXAS 79457 ATTN: CARROLL MCDONALD 9 or at such other post office address as such party shall from time to time designate as the address for such purpose, by registered letter addressed to the other party. The mailing of notice by registered mail shall constitute service of notice hereunder. ARTICLE RVI MISCELLANEOUS 1. This Contract constitutes the entire understanding of the parties relating to the sale and purchase of gas and there shall be no modification or waiver hereof except by writing, signed by the party claimed to be bound thereby. 2. The descriptive headings of the provision of this Contract are formulated and used for convenience only and shall not be deemed to affect the meaning or construction of any such provision. 3. The provisions of this Contract shall not impart rights enforceable by any person, firm or organization not a party or not a successor or assignee of a party to this Contract. 4. This Contract, its performance, enforcement and interpretation, shall be governed to the fullest extent possible •..�.• by the laws of the State of Texas, without giving effects to •• principles of conflict of laws. "• IN WITNESS WHEREOF, the parties have caused this Contract to be executed in multiple counterparts by their respective officer • thereunto duly authorized, as of the Effective Date hereof. • SIGNATURES ��•��� SELLER: BUYER: • STATE DF TEXAS CITY OF LUBBOCK SCHOOL LAND BOARD 4 BBy'1l�• l� • �i'G�' Vnd sioner9-the General B. C. McMinn lei Office and Chairman TITLE: Mayor of the School Land Board UK. its] THE STATE OF TEXAS § COUNTY OF TRAVIS § BEFORE,ME, the u ersigne authority, on this day personally appeared Commissioner of the General Land Off ic4/ of the State of Texas, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purpose and consideration therein expressed and the capacity therein stated. GIV UNDER MY HAND AND SEAL OF OFFICE, THIS THE A?*day of 198 9 OL C4. Woitatwy Public in and f Travis County, Texas My commission expires: THE STATE OF TEXAS § COUNTY OF LUBBOCK § BEFORE ME, the undersigned authority, on this day personally appeared 6.(2. MC M i n Q , of CITY OF LUBBOCK, TEXAS, known to me to be the'person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purpose and consideration therein expressed and the capacity therein stated. GI N UNDER MY HAND AND SEAL OF OFFICE, THIS THE I day of 198_ NotAry Public in and for '= f Lubbock County, Texas My commission expires: 11 04' EXHIBIT A EFFECTIVE DATE: APRIL 1, 1990 AGENCY NAME: CITY OF LUBBOCK SERVICE ADDRESS: LUBBOCK REIMBURSABLE COST GENERAL LAND OFFICE RATE/MMBTU -----------•----- --------------- BASE PRICE * $1.58 CONTRACT MAINTENANCE FEE 50.03 BASE RATE TOTAL 51.61 PIPELINE COMPANY -----•----------- VALERO TRANSMISSION $0.18 VALERO COMPRESSION ** $0.07 NORTHERN NATURAL *** $0.15 TOTAL COST $2.01 FUEL CHARGE --------------- 2.00% 1.00% 1.25% THESE RATES ARE ROUNDED TO THE NEAREST CENT AND ARE SUBJECT TO REASONABLE ADJUSTMENTS AS CONDITIONS WARRANT. RECEIVING AGENCY WILL BE NOTIFIED OF ANY SUCH CHANGES. A FERC FILING FEE OF $240 MUST ALSO BE REIMBURSED TO THE GENERAL LAND OFFICE. * THE BASE PRICE WILL BE BASED ON A MONTHLY WACOG PLUS 3 CENTS. ** THESE ARE VARIABLE RATES WHICH CAN INCREASE OR DECREASE DEPENDING ON THE VOLUME OF GAS COMPRESSED. *** 4,680 MMBTU/D HAS BEEN RESERVED FOR FIRM TRANSPORTATION