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Title
License to DFW Midstream Services, LLC for installation of a gas pipeline along and across City property and streets along Great Southwest Parkway between Avenue H East and Avenue J East and across Avenue K East.
Presenter
Bill Crolley, Director of Planning and Development
Recommended Action
approve
Analysis
DFW Midstream Services, LLC has requested a license to allow them to place a gas gathering pipeline along and across portions of Great Southwest Parkway, Avenue H East and Avenue K East. The proposed line is 16-inches diameter and the required right of way is 20-feet wide.
This license is needed to allow DFW Midstream Services, LLC to extend a gas gathering pipeline from an existing line near Avenue H East across Avenue K East.
The license agreement is for a term of twenty (20) years with a nine (9) year renewal option.
The fee during the renewal option period is to be adjusted by the increase in the Consumer Price Index (CPI).
Financial Consideration
Revenue: $101,365.00 lump sum advance payment (1,843 linear feet at $2.75 per linear foot per year for 20 years)