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HomeMy WebLinkAboutCity Council - 5581 RESOLUTION NO. 5581 A RFSOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH CONSENTING TO ASSIGNMENT BY ATLANTIC RICHFIELD COMPANY TO ITS WHOLLY-OWNED SUBSIDIARY, FOUR CORNERS PIPE LINE COMPANY OF ITS PIPELINES IN THIS CITY, PURSUANT TO CALIFORNIA PUBLIC UTILITIES COMMISSION DECISION NO. 88640 WHEREAS, Ordinance No. 989, adopted by the City Council on September 3, 1.963, granted to Atlantic Richfield Company a franchise for the operation and maintenance of its oil pipe- lines in this city; and California Public Utilities Commission Decision No. 88640 directed Atlantic Richfield Company to transfer its crude oil pipelines to its wholly-owned subsidiary, Four Corners Pipe Line Company, a common carrier; and Article XV of Ordinance No. 989 requires the city to con- sent to any alteration in the operation of such pipelines by Atlantic Richfield Company, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington. Reach that, pursuant to Article XV of Ordinance No. 989, consent is hereby given to the assignment by Atlantic Richfield Company to its wholly-owned subsidiary, Four Corners Pipe Line Company, a common carrier, of the pipe- line described in Exhibit A, as directed by California Public Utilities Commission Decision No. 88640, both attached hereto and by this reference made a part of this resolution. PASSED AND ADOPTED by the City Council of the City of adjourned Huntington Beach at a regulargreeting thereof held on the 14th day of October 1985. ATTEST: I .r /�/44��41 '� Mayor City Clerk 1 . REVIEWED AND APPROVED: APPROVED AS TO FORM: ity, A_cministra tor City Attorney 5 INITIAT A D APPR D: ie o mi istrativ ervices ahb; 9/25/85 0828L/2931 (3779 ) 2 . File: HUNTBEACH Franchise Statement to the City of Huntington Beach, by Four Corners Pipe Line Company on behalf of Atlantic Richfield Company under Ordinance No. 989 March 27, 1984 Office of the City Clerk City of Huntington Beach City Hall P. 0. Box 190 Huntington Beach, CA 92648 Gentlemen: Pursuant to Ordinance No. 989 ATLANTIC RICHFIELD COMPANY hereby files the following statement of its total gross receipts for 1983 under franchise and encloses its payment accordingly. (Franchise expires 10/02/88) STATEMENT 1983 Gross Receipts from Trunkline No. 8 = $3911404.32 Trunkline Mileage - 23. 1920 Gross Receipts per mile of Trunkline Pipe - $16,876.70 P/L MILEAGE GROSS RCPTS. GROSS RCPTS. TWO UNDER ORD. X PER MILE UNDER ORD. X PERCENT _ PATH 8.09070 $16,876.70 $136,544.32 .02 $2,730.89 I hereby certify that the foregoing statement is true and correct to the best of my knowledge and belief. V. A. Nix, Manager Land Services Subscribed and sworn to before me this day of , 1984. Notary Public in and for the County of Los Angeles, State of California U F'."� 88640 MAR 2 1 181E 111E P BLIC UTILITIES COr_l IScION OF =':�L STATE OF CALIF 0%.:._A Investigation on the Cor.=issior. ' s own } Motolon Into the rates, rules , charges , ) operations , business practices , co'.po— ) ratior., individual, partnership, joint ) Case No. 9893 venture or other entity which operates ) an�' pipeline for the transportation of } truce or refined petroleum products ) w_:rin the state of California. ) INTERIM CPINIO;; ADOPTING STIPULATION AIJD AGR=r.Y%!iT FtEGrRDTJ:G ATrA?'?'TC zICs:iz`,`.&D COMPANY On April 1, 1975, the :onanission 'issued an Order Instituting Investigation (011) to determine whether certain -pipelines trar.spc F•et«oieu in California were common carriers . On October 28, 19?= .he O 3 was amended to delete reference to "common carriers" and t nqu!re whether the pipelines were owned by transportation corpani or public utilities . One -of the respondents named in both the orl and amended 0II's was Atlantic Richfield Company (ARCO) . On June 24, 19760 ARCO first approached the Commission Staff (Staff) about settling the investigation. Negotiation proceeded c ` a4 v£:iety of issues until an agreement was reached between Staf_ : ARCQ, subject to the Commission's approval . The agreement was rec .o the form of a stipulation, which included a proposed order. In substance, the proposed order called for ARCO to transfer a sub%sidiary corporation vi rtuaily all of its crude oil pipelines most of its products pipelines in California. The subsidiary wou� operate the pipelines as a public utility subject to the jurisdic of the Commission. Since certain pipelines owned by the subsidia would be interstate in operation, the subsidiary would also be su to the jurisdiction of the interstate Cvrunerce Corrrission (ICC) -1 1! Wiese regulatory functions of the ICC have been subsequently trzrisfered to the Federal Energy Hegu*latory Ccmmission. (FE •.• .9803 MEB In return for the submission to Commission jurisdiction over the pelines , Staff would be directed to cease any inquiry questioning whether ARCO's pipelines had been dedicated to a public use by an action taken before_ the effective date of the order. This, of course, would not bind the Staff as to anything ARCO might do aft the effective date of the order. There were two major areas of compromise in the settlement. The first had to do with rates and raLoe base, the second with the omission._ of certain lines from the stipulation. RATES AND RATE BASE A major issue in the negotiations was the appropriate rate base. Had Staff proved that the lines have, since their construction, been dedicated to a public use, the appropriate rate base would have been the depreciated book value of the pipelines , which ARCO states is approximately $1. 5 million. If ARCO were correct in its position that hose lines have never been dedicated to a public use, the appropriate rate base would be the fair market value of the assets . upon their initial dedication. This latter figure , however, is difficult to determine, since the transfer to a subsidiary may not yield the same values as an ar m's-length transaction.? The Staff and ARCO reached an accord that the Commission would accept as an Initial rate base the book value of the assets as deter- mined by the ICC. At the time , it was anticipated that the ICC would allow a book value of $8 . 5 million, which, with the addition of $1 million in working capital , would form the rate base for Commission purposes. To the extent the FERC lowers the book value, the CoTmnissior rate base would be lowered; however, the $9 . 5 million would be a ceilir rate base for Commission rates in ratemaking purposes. 2/ By a pleading filed March 13, 19782 ARCO stated that the subsidiar Four Corners Pipeline Company , would pay $6,744 ,?76 in cash for th public utility assets , which with $1 million in working cash, come to a rate base of $7,744 ,766. •C.;9Fc3 N- ::he outside sources which have Bete.-mined the value of pipelines are the California State Board of Equalization and the C nzy Assessors ' offices. The staff of the State Board of Equali_z6.L recently assessed ARCO' s 165 miles of intercounty lines (all of which are to be included in the 601 total miles of pipelines to be subject j to CP'UC jurisdiction) and three related pump stations , at $10,060,000 market value. The State Board of Equalization revised `his assessment upward to $20,000,000. ARCO, which agreed to the Staff issessme::t, has paid taxes based on the Board's assessment , subject to protest, and ma.,` later contest the Board's assessment.' Similarly , the County Assessors have assessed ARCO' s intracounty lines at 59,7311000. Approximately ?3$ of these lines will be included in the public utility system. Thus, the counties ' assessments of the finMracounty public utility lines would be about $7 ,104 ,000. Adding this to the more conservative Board of Equalization staff assessment, • e combined assessed value would be $17,164,000. In light of this, cannot saythat the compromise rate b i aso ble.3•/ a r base _s unre na The stipulation included .a proposed tariff. I+ the Commission' enters the order and if ARCO files the tariff, the Staff would not challenge the tariff. If, however, ARCO filed a tariff different from that in the stipulation, or if any third party challenged the tariff (nothing in the stipulation or proposed order precludes a third-party challenge) , Staff would be free to act as it thinks Justified. In terms of the effect on rates of using the higher rate base, staff calculates that the cost of the agreed rate base would be in the neighborhood of an incremental 10i a barrel increase for trans- portation from the San Joaquin Valley to the Long Beach area. At today 's prices this translates to an increase of 1. 9.19 in the delivered price of lower-tier Cuyama 320 A.P.I . crude . For shorter hauls , the We wish to emphasize that the acceptance of z compromise rate base is tied to the factual dispute over the thorny issue of dedication. Such a compromise will not be applied to utilities already subject tD- our, jurisdiction or to other potential utilitit ;where the question of status as a utility rests on an issue other than dedication.. ••��°=g� MEB x to base would bring additional costs of abo,at 1. 4e per ba.rel, or Iincrease of 0.3% in the delivered cost of lower-tier Huntington ch 220 A.P.I . crude . In terms of increased cost to consumers of refined petroleum products , making the assumption least favorable to consumers , i.e. , those which would maximize the additional cost , the amount available for pass-through would be in the neighborhood of 0. 2 mils per gallon. This is de minimus . Additionally , indications .from the gasoline and crude oil markets are that it is improbable that consumers would have the costs passed on to them. OMITTED PIP INES In the negotiations ARCO insisted on keeping certain lines as proprietary . These included the lines from the Los Angeles Harbor to its refineries ARCO insisted that these lines were necessary or the efficient operation of its refineries . Since we had no way f knowing the need of other refiners for these lines we Invited public comment . J PUBLIC COVMENT On August 22, 19770 a Proposed Report , which consisted of the Stipulated Proposed Order, and -which appended the stipulation, -a com— plete written description and map o2' the- lines to be dedicated under the Proposed , Order, and a map of _the lines which would be maintained by ARCO as proprietary., was circulated for public co=ent . It was Railed to all refiners in the state, to .he independent producers organization, to. various state and local entities with an interest in oil production, and -to the Oil Daily (a petroleum industry newspaper) . At the same time , a letter was sent to the recipients f the proposed report , explaining the import of the settlement Only four comments were received. ' c were from independence •e finers in the Los Angeles Basin, Fletcher Oil and Refining Company and Lundzy-Thagard Oil Company, both of which approved of the settlement and neither of which offered a negative comment . Both would be served by the public utility lines . V rr I-ne adverse comment was received fron arct�.e. respondent , ndard Oil Company of California (Socal ) Socal did not object the substance of the settlement and offered no comment on the rates , the rate base, or the omission of any line. It complained only that the proposed order was deficient in failing to Include findings of tact or conclusions of law. Socal suggested a finding that hitherto ARCO's pipelines had not been dedicated to a public use. "his illustrates the reason for the initial emission of findings and conclusions . ARCO will not stipulate that the lines have always been so dedicated, nor will staff stipulate that they have never been so dedicated. This is the central dispute in the case and it is to avoid a statement on the issue that the settlement was en;.ered. Calif. Pub . Util. Code Sect. , 1705 requires findings , "After the conclusion of a hearing. . . . " The reason is to "afford a rational atasis for judicial review. " California Motor Transport Co. v. Public t_l. Com. , 59 Cal. 2d 270, 274 (1963) . This has no application to - a settlement where there is no hearing. For the same reason, settle— ments in civil cases are not burdened with the requirement of findings of fact. Continental Bldg. & Loan Ass'n. v. Woolf, 12 Cal . App. 725, 729 (1 10) ; Magoon v. Heath, 79 Cal. App. 632, 634-35 (1926) . Insofe as Socal has. not complained about the substance of the settlement, It- has no grounds_ for appeal other than the technical grounds stated. However, findings of fact on. the reasonableness of the stipulation anc conclusions of law appear hereafter. Finally , the City of Los Angeles (City ) has asked to intervene and requested hearings on the effect of the settlement . We grant the right cf the City to intervene, but deny the motion for a hearing. The City 's exceptions to the proposed report relates'_ to the issues of the rate base and the exclusion of the lines which are not to be dedicated. Initial rates and the rate base underlying them can be litigated when the tariffs are filed. The City 's motion is premature To the extent that it protests the omission of certain pipelines, the effect on consumers is so tenuous as to male the protest unreason able , Fzrticularly in light of the lack of objection by those who are most di. ectly concerned with the omission , the refiners and producers !•.C` cg93 MEB As an independent test of our possible action herein we con- t ted with a consultant to review and comment on the proposed stipu- lation. His initial report , dated February 26, 1978, is received in evidence as Exhibit No. 1 and is available for public inspection. In essence the consultant believes the stipulation to be a reasonable compromise. DISCUSSION The decision whether to settle involves the balancing of several factors. In favor of settling are the elimination of the risk that the staff would be unable to prove its case, or that the Commission 's decision would be reversed on appeal ; the saving in time by having ARCO submit to jurisdiction immediately rather than after years of litigation and appeal; and the saving in the time of the Commission Staff for other matters . -Against settling the case are the sibility of showing a lower rate base, and consequently lower --- es, and the possibility of proving that the omitted lines have already been dedicated to a public use. The primary public interest served by accepting the proposed stip- ulation is that the shippers of crude oil in California will hereafter be guaranteed public utility transportation service . That guarantee of the availability of nondiscriminatory transportation will, in the long run, be in the interest of this state's oil producers and inde- pendent refiners . We would not want a situation to develop where because of changes in oil marketing dynamics and economics independent refiners and small producers could not move oil and be financially squeezed. If that situation were to develop the remedy of pursuing regulatory jurisdiction would possibly be too slow , and cause economic harm to an important segment of California's economy . . C� FI :D_;:CS OF MAC^ 1 . :,ere is a dispute between AACO and the Cc--a:.sion staff tether i.M�O' s pipelines have been dedicated to a public use . 2. ::o independent oil producer or refiner has protestcd the comprorise rate vase, rages , or the omission of any pipeline from the settlement. 3. Acceptance of the settlement would save ccnsiderztl= t;m= and experse of litigation end eliminate the uncert_intles cS litiga- tion. 4 . Acceptance of the stipulation and proposed order kill guarantee :.o crude oil shippers in California the availability of public stiliCy pipeline transportation. 5. The exceptions of Standard Oil Company of California are wi_houc merit . fl. ire exceptions of the City of Los Angeles regarding rates and rate ba a are premature, since tar_ffs have not yet been filed. 7. The interest of the City of Las Angeles ., as representative of consurn.ers of petroleum products , in raising issues related tohe eraissicn of pipelines is too tenuous to merit consideration, particular_y in light of the lack of protest by independent refiners and producers who are directly concerned. B. in light of the foregoing, the stipulation end proposed order (with minor editorial changes ) are reasonable. . �. To facilitate the earliest possible filing of tariffs and oFerat_an as an ackno:aledged public utility pipeline , Paragraphs 1 . 2 . and 3 of the order ' should be effective immediately . CONCLUSIONS OF LAW 1. 7ne proposed order set forth in the stipulation between AECO and the Commission Staff should be adopted,. O R D E R 17 7-3 ORDERED as follows: 1. he agreemant set forth in the Stipulation. between Atlantic Richfield Company (ARCO) and the Commission Staff, tiled with the Commission .on July 5, 1977, is hereby approved. . �. The pipeline facilities described in the map xhibit B to the Stipulation, entitled "Convened Pive.11nes ��•�:er" , re the crude oil and petroleum products pipeline facilities which are to be dedicated to public use. The Converted Pipeline System is des- cribed in detail in Exhibit A to the Stipulation. The Converted Pipeline System includes , in addition tc the pipes , all ri&hts-of-way that are assignable and other property and equipment reasonably associated with and necessary for the operation of the Converted Pipeline System. To the extent that rights-of-way , licenses and permits in the Converted Pipeline System are not assignable, L the public utility subsidiary will make all reasonable efforts to acquire those or equivalent rights-of-way, licenses and perri is and JACJ will cooperate with, and assist, the subsidiary in this effort . Pipeline facilities in California owned and operated 'by ARCO and its subsidlar: other than the Converted Pipeline System, need not be dedicated to -- public use at this time. 3. ARCO will transfer the Converted Pipeline System tc a subsidiary corporation as soon as practicable. The subsidiary corporation will operate the Converted Pipeline System -as a public utility, and will file its tariffs, and rules a-nd regulations and wil do all other things required in order to operate the Converted Pipe- line System at a public utility, subject to the jurisdiction of both the Public Utilities Commission of the State of California and the United States Federal Energy Regulatory Commission. 4. The valuation of the existing assets of the Converted Pipeline System shall be determined initially in the same amounts as the original cost less depreciation as deterr,:i.ned by the United States Interstate Comnerce Commission and its successor in these functions , 12he Federal Energy Regulatory Commission, but not to exceed $9 ,431, 000 . The Commission Staff is directed not to issue a challenge to this initial valuation, but the valuation is sub.'ec4 tc challenge in any rate proceeding brought by a third party . t . Cn the efLec ..ive date c: this order, the Cor._niss_cn S:;af is lirected to cease any inquiry into the question whether ARCO' s p :e is .nc','.uded within the stipulation have been dedicated to a public use heretofore. The occurrence of the contingencies set forth In Paragra; 7 hereof shall preclude any further investigation into this question by the Commission's Staff. 6 . "Subject to the completion of the provisions set forth r: Paragraph 7 of this Order, ARCO is hereby dismissed as a 'respcndert to the investigation. 7 . The effective date of Paragraphs 4 . 5, and 6 of this decision shall be the date when the last of all the following actions take place : a. ARCO transfers to a subsidiary all assets described In both Exhibits A and B to, and in Paragraph 2 of, the Stipulation; b. :'he subsidiary files tariffs with the Commission; and C. ARCO or the subsidiary files with the Commission an affidavit stating both of the foregoing actions have taker, place. $. In the event that all conditions specified in Faragraph 7 are not completed within 6 months from; the date of this decision, the • decision shall be nullified without further action by the Commission.. 9. The effective date of Paragraphs 1, 2 and 3 of this decis if Is the date hereof. Deed at San Francisco California, this 21st day of Nardi Robert Batinovich President William Symons , Jr. Vernon L. Sturgeon Claire T. De dri ck I dissent. Commissioners I believe this matter should go to hearing. Richard D. Grave lle Certified as a True Copy Commissioner of the Original, Li:T Fi►f.1mvr nr:�.�e e•:-... ..........��.__, Res. No. 5581 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, 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 resolution was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council at a regular adjourned meeting thereof held on the 14th day of October , 19 85 by the following vote: AYES: Councilmen: Kelly, MacAllister, Bailey, Finley, Green, Thomas NOES: Councilmen: None ABSENT: Councilmen: Mandic , < City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California