HomeMy WebLinkAboutF-3d - Amend Agreement for Operating City Owned Oil Facilities in West NewportTO:
FROM:
SUBJECT:
CITY COUNCIL
October 27, 1986
BY THE MTV COUNCIL
CITY OF HEY -PORT Ott ACIM CITY COUNCIL AGENDA
ITEM NO. F -3(d)
OCT 2 7 1986
APPROVED
Utilities Department
AMEND AGREEMENT FOR OPERATING CITY OWNED OIL FACILITIES
IN WEST NEWPORT
RECOMMENDATION:
That the City Council authorize the execution of an
amended agreement with the Sampson Oil Company in the
form attached hereto.
DISCUSSION:
At the present time the City owned facilities in West
Newport are operated by the Sampson Oil Company of Long Beach.
Their present contract with the City of Newport Beach expired
in March, 1986. Since that time the City has been paying them
for their services on a month to month basis.
The amended agreement, if approved, would provide for
an additional five year term, unless cancelled by either party
giving the other written notice in advance.
Because of Sampson Oil Company's success in raising
the daily oil production and in supplying a high level of field
maintenance, the continuation of the agreement is highly recommended.
seph T.`.Devlin
ilitiesjDirector
iIONFew
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