City Council

14. SECOND READING AND ADOPTION OF ORDINANCE NO. 1757 - GRANTING A\nNONEXCLUSIVE FRANCHISE TO TORRANCE PIPELINE COMPANY\nComments:\nTorrance Pipeline Company LLC is requesting to extend the existing pipeline agreement. (CC)\nRecommendation:\nConduct second reading, read by title only and adoption of the attached ordinance entitled, "AN\nORDINANCE OF THE CITY COUNCIL OF THE CITY OF LYNWOOD GRANTING A\nNONEXCLUSIVE FRANCHISE TO TORRANCE PIPELINE COMPANY TO OPERATE\nAND MAINTAIN A PIPELINE SYSTEM FOR THE TRANSPORTATION OF OIL AND GAS\nUNDER CERTAIN PUBLIC WAYS AND PUBLIC PLACES IN THE CITY OF LYNWOOD;\nSETTING FORTH CONDITIONS ACCOMPANYING A GRANT OF NONEXCLUSIVE\nFRANCHISE; PROVIDING FOR AMOUNT AND METHOD OF PAYMENT BY\nFRANCHISEE FOR THE PRIVILEGE GRANTED, AND PROVIDING FOR THE TERM\nOF THE NONEXCLUSIVE FRANCHISE"