Number
150738
Version
ORIGINAL
Reference
Sponsor
ALD. WITKOWSKI
Title
Resolution authorizing granting an Assignment and Ratification of Pipe Line Easement to Equilon Enterprises LLC for the maintenance of a pipe line that transmits petroleum product along the east boundary line of the City-owned property at 1600 East College Avenue, in the 13th Aldermanic District.
Analysis
This resolution permits the City of Milwaukee to grant an Assignment and Ratification of Pipe Line Easement to Equilon Enterprises LLC for the transmission of petroleum product to Mitchell Field Airport.
Body
Whereas, By Pipe Line Easement dated August 9, 1972, the City of Milwaukee (“City”) granted to The Union Oil Company of California (“Unocal”), its successors and assigns, a Pipe Line Easement (“Easement”) for the construction and maintenance of a pipe line for the transmission of petroleum products along the east boundary line of 1600 East College Avenue; and
Whereas, Unocal sold its interest in the terminal, pipe line and related facilities (“Facilities”) located near Mitchell Field Airport to Shell Oil Company (“Shell”) effective October 16, 1995, wherein Shell assumed the rights for the pipe line covered under said Easement; and
Whereas, Shell conveyed all of its interest in the Facilities to Equilon Enterprises LLC (“Equilon”), effective July 1, 1998, wherein Equilon assumed the rights for the pipe line covered under said Easement; and
Whereas, The initial twenty-five (25) year-term of the Easement expired on August 8, 1997, and the terms of the Easement state that after its expiration, “it may be renewed by mutual agreement between the Grantor (the City of Milwaukee or the “City”) and the Grantee (“Shell”) in writing at no additional consideration;” and
Whereas, Equilon and the City mutually agree to renew the Easement to reflect the current owner of the Facilities as Equilon, as the successor and assignee to Unocal and Shell; and
Whereas, The renewal period for the ...
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