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HomeMy WebLinkAbout033325 ORD - 03/26/2024Ordinance authorizing the City Manager to execute the amendment to the 30-year ground lease Landfill Gas and Lease Agreement dated May 11, 2023 with Corpus Christi Renewables, LLC (CCR) for payment to the City to install and maintain the transmission pipeline from J. C. Elliott Landfill to Cefe Venezuela Landfill; to charge CCR a fee for construction of the pipeline up to $1,776,795.29; to set a fee for operation of the pipeline; to waive royalties for the first two years with monthly royalty payments to begin after the first two years; and that CCR will be responsible for all future capital expenditures, monitoring expenses, and maintenance costs related to J. C. Elliott well field; and providing for publication and an effective date. (28-day delay required between readings) BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: S ECTION 1. The City Manager or designee is authorized to execute the amendment to the Landfill Gas and Lease Agreement dated May 11, 2023 with Corpus Christi Renewables, LLC (CCR), for payment to the City to install and maintain the transmission pipeline from J. C. Elliott Landfill to Cefe Venezuela Landfill; to charge OCR a fee for construction of the pipeline up to $1,776,795.29; to set a fee for operation of the pipeline; to waive royalties for the first two years with monthly royalty payments to begin after the first two years; and that CCR will be responsible for all future capital expenditures, monitoring expenses, and maintenance costs related to J. C Elliott well field. S ECTION 2. Publication of the lease amendment ordinance must be made in the official publication for the City of Corpus Christi as required by the City Charter. S ECTION 3. The lease amendment is effective on the 61st day following final approval by City Council. Introduced and voted on the l;1* day of R6\korL,e, 2024. PASSED and APPROVED on the a�� day of Mardi\ , 2024. ATTEST: Rebecca Huerta, City Secretary 2