HomeMy WebLinkAbout8172 - Purchase of Crude OilRESOLUTION NO. 8172
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING THE MAYOR AND
CITY MANAGER TO NEGOTIATE AN AGREEMENT BETWEEN
THE CITY OF NEWPORT BEACH AND AN APPROPRIATE
OIL COMPANY FOR THE PURCHASE OF CRUDE OIL, AND
AUTHORIZING THE TERMINATION OF THE EXISTING
AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH
AND CARSON OIL COMPANY
WHEREAS, on December 17, 1973, the City Council of
the City of Newport Beach voted to authorize the Mayor and
City Manager to negotiate and enter into an agreement with an
oil company for the purchase of the City's crude oil; and
WHEREAS, there presently exists a crude oil purchase
agreement between the City of Newport Beach and Carson Oil
Company; and
WHEREAS, the City Council has determined that it may
be desirable and necessary to negotiate a new agreement with
an appropriate oil company and thereafter terminate the existing
agreement with Carson Oil Company;
NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Newport Beach that the Mayor and City Manager
are hereby authorized to negotiate and execute an agreement with
an appropriate oil company for the purchase of the City's crude
oil and to terminate the existing agreement between the City
and Carson Oil Company.
ADOPTED this 17th day of December, 1973.
. Ma�b���
ATTEST:
,
City 'Clerk
CE IED AS THE O AL
ITY CLEW OF THE CITY OF NZV .T BEACH
DEC 21 1973
DATE
mh
12/18/73