THE AVIATION DEPARTMENT RECOMMENDS APPROVAL OF THE ABOVE MOTION.
This action approves the First Amendment to the Pipeline License Agreement between Florida Gas Transmission Company, LLC ("FGTC") and Broward County to revise the indemnification and insurance requirements to the County, and to extend the term of the Pipe License Agreement through November 30, 2023.
The first Pipeline License Agreement was approved by the Board on October 17, 1967. Additional information on the original agreement and subsequent Board actions is included in Exhibit 3.
On May 06, 2014 (Item No. 3), the Board retroactively approved a Pipeline License Agreement between the County and FGTC, for the continued operation and maintenance of the pipeline effective December 1, 2013, and terminating on November 30, 2018.
The proposed First Amendment allows FGTC to continue the construction, maintenance, repair, and operation of the pipeline on FLL property until November 30, 2023. Additionally, the proposed First Amendment updates the indemnification provision and insurance requirements.
The proposed First Amendment has been reviewed as to form by the Risk Management Division and the Office of the County Attorney.
The amount referenced in this agenda has been rounded to the nearest whole dollar. FGTC’s payments will be based on the actual amount payable under this Pipeline License Agreement. The agreement summary sheet reflects the actual amount payable.
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