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HomeMy WebLinkAboutOrdinance #4075 ORDINANCE NO. 4 0 7 5 AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH PROVIDING CONSENT TO THE ASSIGNMENT OF THE PARAMOUNT PETROLEUM CORPORATION FRANCHISE TO CARDINAL PIPELINE, L.P. WHEREAS, on February 14, 2014, the City Council of the City of Huntington Beach adopted Ordinance No. 4008, which awarded a franchise to construct, operate and maintain a pipeline system for the transportation of oil to Paramount Petroleum Corporation; and Paramount Petroleum Corporation desires to assign said franchise to Cardinal Pipeline, L.P. and the City wishes to consent to such assignment, NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby ordain as follows: SECTION 1. The terms and conditions of the Consent to Assignment of Franchise Agreement approved by this ordinance are contained in the "Consent to Assignment of Franchise Agreement," a copy of which is attached hereto as Exhibit "A" and incorporated by this reference as though set forth herein. SECTION 2 The City Clerk shall cause this ordinance to be posted in three places designated by the City Council within the City and to be published by title with a brief summary at least once within fifteen days after its adoption in a daily, semi-weekly or weekly newspaper, published in the County of Orange or the City and circulated in the City, which is selected by the City Council for that purpose. 144438/116378 doc 1 Ordinance No . 4075 PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 7 t h day of December , 2015. a ar ATTEST* APPROVED FORM: Clerk V City Attorney vo�°� REVIEW D APPROVED INITIATED AND APPROVED 4&—J—L1 i y an ger Deputy D r ctor of Business Development 14-4438/116378 doc 2 EXHIBIT A Exhibit A - Ord . 4075 CONSENT TO ASSIGNMENT OF FRANCHISE AGREEMENT Tlus CONSENT TO ASSIGNMENT OF FRANCHISE AGREEMENT is made this day of bE65-1) 6W ,2015,by and between the City of Huntington Beach, a California municipal corporation, hereinafter"City,"Paramount Petroleum Corporation, hereinafter"Assignor,"and Cardinal Pipeline,L P.,hereinafter"Assignee." RECITALS WHEREAS,on February 14,2014,Assignor entered into a Franchise Agreement with City identified as"Franchise Agreement Between the City of Huntington Beach and Paramount Petroleum Corporation,"hereinafter"Franchise Agreement;"and Assignor wishes to assign all of its rights and obligations under the Franchise Agreement to Assignee; and The Franclse Agreement requires the prior written consent of the City for the assignment thereof, NOW THEREFORE,In consideration of the mutual covenants herein contained and other good and valuable consideration,the sufficiency of which is hereby acknowledged,City, Assignor and Assignee agree as follows: 1. Assignor hereby assigns all its right,title, and interest, and delegates all its obligations responsibilities and duties,in and to the Franchise Agreement,to Assignee. 2. Assignee hereby accepts the assignment of all of Assignor's obligations responsibilities and duties under the Franchise Agreement and all of Assignor's right,title and interest in and to the Franchise Agreement. 3. City hereby consents to the assignment from Assignor to Assignee. 4. Notwithstanding the foregoing,Assignor agrees to defend and indemnify the City from any and all claims,actions,judgments,liabilities,proceedings and costs,including reasonable attorneys' fees and other costs of defense and damages,resulting from Assignor's performance prior to the assignment of the Franchise Agreement and resulting from Assignee's performance after the assignment of the Franchise Agreement,provided however,that after the assignment of the Franchise Agreement the City shall first look to Assignee to satisfy all claims, actions,judgments, liabilities,proceedings and costs,including reasonable attorneys' fees and other costs of defense and damages resulting from Assignee's performance 5. Assignee agrees to indemnify the City from any and all claims, actions, judgments, liabilities,proceedings and costs,including reasonable attorneys' fees and other costs of defense and damages,resulting from Assignee's performance after the assignment of the Franchise Agreement. 6. The City,in executing its consent to this Assignment, does not release Assignor from any claims or remedies it may have against Assignor under the Franchise Agreement. 1 14-4438/116300 Exhibit A - Ord . 4075 7. The Parties acknowledge and agree that the Franchise Agreement will continue in full force and effect until the assignment has been completed as evidenced by execution by all parties of this Consent to Assignment. IN WITNESS WHEREOF,the parties hereto have caused this Agreement to be executed by and through their authorized officers the day,month and year first above written. ASSIGNOR: CITY OF HUNTINGTON BEACH,A municipal corporation of the State of PARAMOUNT PETROLEUM California CORPORATION -Z� By: - t M r riot name �� ITS: (orcle one) Chairman/Presiden ice Ci Clerk Presiden INITIATED AND APPROVED: AND By. Deputpirector of Business Development print name =ffic rcle one) Secretary Lief Financi Asst. Secretary- Treasurer REV APPROVED: ASSIGNEE. C anager CARDINAL PIPELINE, L.P. By: �, OIiC� APPROV print name g7 ITS: �2as•��-- City Attorney AND 1'2,4/X4 By: print name ITS- 2 14-4438/116300 Ord. No. 4075 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS: CITY OF HUNTINGTON BEACH ) I, JOAN L FLYNN, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven, that the foregoing ordinance was read to said City Council at a Regular meeting thereof held on November 16, 2015, and was again read to said City Council at a Regular meeting thereof held on December 7, 2015, and was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council AYES: Posey, O'Connell, Katapodis, Hardy, Sullivan, Delgleize, Peterson NOES: None ABSENT: None ABSTAIN: None I,Joan L Flynn,CITY CLERK of the City of Huntington Beach and ex-officio Clerk of the City Council,do hereby certify that a synopsis of this ordinance has been published in the Huntington Beach Wave on December 17,2015 In accordance with the City Charter of said City ' Joan L Flynn, City Clerk City frk and ex-offic Clerk Senior Deputy City Clerk of the City Council of the City of Huntington Beach, California i