Label
DEBD013018-SunocoPipelineAmend
Real Estate Div.
C. Watkins (x1154)
Title
Authorizing the Mayor to renew and amend the License Agreement with Sunoco Pipeline L.P. for the location, operation and maintenance of a petroleum pipe line and casting located within public rights-of-way and parcels of the City of Toledo, subject to certain conditions; authorizing acceptance of a license fee in the amount of $10,553, waiving provisions of TMC Ch. 187, and declaring an emergency.
Body
SUMMARY & BACKGROUND:
As authorized by Ord. 621-88, Sunoco Pipeline L.P. entered into a 30-year Real Property License Agreement with the City of Toledo on Sept. 15, 1988, for the construction, installation and operation of a liquid pressurized petroleum products pipe line and casing in, under, across and along city-owned land and right-of-way, referred to as the "Maumee Riverfront, Riverfront Northwest, L.W.C.F., Project No. 39-00632", hereinafter referred to as the "License". The original license agreement expired January 31, 2018. Sunoco has requested the continuation and renewal of the License for an additional 30 years. The proposed Amendment to the License includes certain changes to terms as determined to be in the best interest of the city and has been approved by the Departments of Public Service, Law and Community and Economic Development. The License also doubles the previous one-time license fee to $10,533. This Ordinance would authorize the renewal and amendment of the previous License Agreement for an additional thirty (30) years.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor is authorized to execute an Amendment to the Real Property License between the city of Toledo and Sunoco Pipeline L.P., as the successor in interest, originally executed on September 15, 1988, ("Amended License") for the following described property:
A parcel of land being part of Water Block 6, all of Water Blo...
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