City Council

9.1 CONDUCT SECOND READING, READY BY TITLE ONLY AND ADOPTION OF THE\nATTACHED ORDINANCE ENTITLED, "AN ORDINANCE OF THE CITY COUNCIL OF\nTHE CITY OF LYNWOOD GRANTING A NONEXCLUSIVE FRANCHISE TO\nTORRANCE PIPELINE COMPANY TO OPERATE AND MAINTAIN A PIPELINE\nSYSTEM FOR THE TRANSPORTATION OF OIL AND GAS UNDER CERTAIN PUBLIC\nWAYS AND PUBLIC PLACES IN THE CITY OF LYNWOOD; SETTING FORTH\nCONDITIONS ACCOMPANYING A GRANT OF NONEXCLUSIVE FRANCHISE;\nPROVIDING FOR AMOUNT AND METHOD OF PAYMENT BY FRANCHISEE FOR THE\nPRIVILEGE GRANTED, AND PROVIDING FOR THE TERM OF THE NONEXCLUSIVE\nFRANCHISE."\nComments:\nApprove Ordinance Granting a new franchise agreement to Torrance Pipeline Company\nfor a 10-year term to an existing Oil and Gas Pipeline system. (CD)\nRecommendation:\nStaff recommends that the City Council conduct a second reading and adopt the\nordinance approving the franchise agreement.