Long Beach, CA
File #: 04-1374    Version: 1 Name: OIL PROPERTIES-West Coast Energy Marketing, LLC
Type: Contract Status: Withdrawn
File created: 5/14/2004 In control: City Council
On agenda: 5/18/2004 Final action: 5/18/2004
Title: Crude Oil Marketing Agreement with West Coast Energy Marketing, LLC. (Districts 1,2)
Sponsors: Oil Properties (See Long Beach Gas and Oil)
Indexes: Agreements

Title

Crude Oil Marketing Agreement with West Coast Energy Marketing, LLC.  (Districts 1,2)

 

SUGGESTED ACTION

Authorize City Manager to execute agreement and provide for City Manager to approve extensions or to terminate the agreement for the sale of the oil allocated to the Long Beach Unit Townlot Working Interest Owners.  The agreement will have a three-year term, starting August 1, 2004, with two one-year extensions, at the discretion of the City Manager.