LA County Board

77. Tesoro SoCal Pipeline Company LLC Proprietary Petroleum Pipeline\nFranchise Ordinance Amendment\nOrdinance for introduction granting a proprietary petroleum pipeline\nfranchise to Tesoro SoCal Pipeline Company LLC, a Delaware limited\nliability company (Franchisee), to operate and maintain its existing\npetroleum pipeline system for a period of five years, beginning on June 13,\n2024, and expiring on June 12, 2029, the base annual fee payable to the\nCounty by the Franchisee will be determined according to a formula set\nforth in Section 2 of the ordinance, and the Franchisee will also pay the\nCounty a granting fee of $10,000. INTRODUCE, WAIVE READING, AND\nSET MAY 14, 2024 FOR HEARING ON ORDINANCE FOR ADOPTION\n(Relates to Agenda No. 43) (24-1428)\nIII. SEPARATE MATTERS 78 - 81