HomeMy WebLinkAbout7930 - Purchase of Crude OilRESOLUTION NO. 7930
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE EXECUTION
OF AN AGREEMENT BETWEEN THE CITY OF NEWPORT
BEACH AND CARSON OIL COMPANY FOR THE PURCHASE
OF CRUDE OIL AND TERMINATING THE EXISTING
AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH
AND CHAMPLIN PETROLEUM COMPANY
WHEREAS, there has been presented to the City Council
of the City of Newport Beach a certain contract between the
City of Newport Beach and Carson Oil Company for the purchase
of crude oil; and
WHEREAS, the City Council has considered the terms and
conditions of said contract and found them to be fair and
equitable; and
WHEREAS, it is desirable and necessary to terminate
the crude oil purchase agreement which presently exists between
the City of Newport Beach and Champlin Petroleum Company.
NOW, THEREFORE, BE IT RESOLVED that said contract
above described is approved, and the, .Mayor and City Clerk are
hereby authorized and directed to execute the same on behalf
of the City of Newport Beach;
BE IT FURTHER RESOLVED, that the City Clerk is hereby
authorized and directed to forward a written notice to Champlin
Petroleum Company terminating, as of March 31, 1973, its crude
oil purchase agreement with the City of Newport Beach.
ADOPTED THIS 12th day of February , 1973.
• ATTEST:
City Clerk
IFIED AS THE O � ,+".''. `
CFaY CLERK OF THE CITY OF NEW RT L. AC:H
FEB 15 1973
DRB:sh
2/6/73