Title
Resolution - A Resolution Approving the Assignment of a License Agreement with the City from Texas Energy Midstream to DFW Midstream Services, LLC (OA#14-008)
Requested Action
To consider the subject proposed resolution.
Recommendation
Staff recommends approval
Description/History
Texas Energy Midstream (TEM) owns and operates the Woodland Estates compressor station and two natural gas pipelines in the City (see attached maps). As part of their operation, TEM obtained a license from the City in November 2008 to allow a natural gas meter station on City property at 807 Moore Road. The station connects the TEM Mansfield (Bagby) Pipeline to the Energy Transfer transmission pipeline.
TEM is selling these facilities to DFW Midstream Services, LLC. The purpose of this resolution is to authorize the assignment of the license agreement from TEM to DFW Midstream. Upon assignment, DFW Midstream will be responsible for TEM's obligations and liabilities under the terms of the license.
Prepared By
Steve Freeman, Director of Public Works
817-276-4234