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HomeMy WebLinkAboutPR 18982: THIRD AMENDMENT TO THE WATER SERVICE AGREEMENT BETWEEN SABINE PASS LIQUEFACTION, LLC P.R. NO. 18982 05/04/15 gt RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE THE THIRD AMENDMENT TO THE WATER SERVICE AGREEMENT BETWEEN SABINE PASS LIQUEFACTION, LLC AND THE CITY OF PORT ARTHUR WHEREAS, on December 13, 2011, the City Council authorized the City Manager to enter into a Water Service Agreement with Sabine Pass Liquefaction, LLC; and WHEREAS, on May 15, 2012, per Resolution No. 12-231, the City Council authorized the First Amendment to the Water Service Agreement; and WHEREAS, on December 11, 2012, per Resolution No. 12-597, the City Council authorized the Second Amendment to the Water Service Agreement; and WHEREAS, Sabine Pass Liquefaction, LLC, has requested that the City authorize a Third Amendment to the Water Service Agreement as to the Flow Rate, in substantially the same form as attached hereto as Exhibit "A" . NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1 . That the facts and opinions in the preamble are true and correct . s.pr18982 Section 2 . That the City Manager is hereby authorized and instructed to execute the Third Amendment to the Water Service Agreement with Sabine Pass Liquefaction, LLC, in substantially the same form as attached hereto as Exhibit "A" . Section 3 . That a copy of the caption of this Resolution shall be spread upon the Minutes of the City Council . READ, ADOPTED, AND APPROVED, this day of May, 2015 A.D. , at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote : AYES : Mayor: Councilmembers : NOES : . Deloris "Bobbie" Prince, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS T FORM: \f6L0— ( Valecia R. izeno, ity Attorney APPROVED FOR ADMINISTRATION: Brian McDougal, City Manager s.pr18982 EXHIBIT "A" s.pr18982 THIRD AMENDMENT TO WATER SERVICE AGREEMENT This THIRD AMENDMENT TO WATER SERVICE AGREEMENT (this "Amendment"), dated as of this day of , 2015, is made by and between Sabine Pass Liquefaction, LLC, a Delaware limited liability company with offices at 700 Milam Street, Suite 800, Houston, Texas 77002 ("Sabine Pass Liquefaction") and City of Port Arthur, a home rule municipality located at 444 4th Street, Port Arthur, TX 77640 ("City"). Sabine Pass Liquefaction and the City may be referred to herein together as the "Parties" and each may be referred to individually as a"Party". RECITALS WHEREAS, Sabine Pass Liquefaction and the City are parties to that certain WATER SERVICE AGREEMENT (the "Original Agreement") dated December 21, 2011, under which Sabine Pass Liquefaction will purchase potable water for the Sabine Liquefaction Facility, as amended by that certain FIRST AMENDMENT TO WATER SERVICE AGREEMENT, dated June 12, 2012 (the "First Amendment") and as amended by that certain SECOND AMENDMENT TO WATER SERVICE AGREEMENT, dated December 31, 2012 (the "Second Amendment" and, together with the Original Agreement, the First Amendment, and the Second Amendment the "Agreement"); WHEREAS,the City and Sabine Pass Liquefaction desire to further amend the Agreement only with regard to Section 2.1 in the manner set forth herein; NOW THEREFORE, for good and valuable consideration and for the mutual covenants contained herein, the receipt and sufficiency of which is hereby acknowledged by the Parties, Sabine Pass Liquefaction and the City hereby agree as follows: OPERATIVE PROVISIONS 1. Defined Terms. Capitalized terms used in this Agreement and not otherwise defined herein shall have the same meanings given them in the Agreement. 2. Section 2.1 of the Original Agreement is hereby amended and restated in its entirety to read as follows: 2.1 Flow Rate. The City shall utilize its best efforts to deliver to Sabine Pass Liquefaction its requirements for Water up to the maximum flow rates for delivery of Water at the Delivery Points as set forth below: 1 of 2 Max Water Delivery Flow Sabine Rate Liquefaction Gallons per Facility Trains Date of Service Minute Train 1 April 2014- Dec 2015 875 Train 2 Jan 2016 -Jan 2017 1750 Train 3 Feb 2017-Nov 2017 2625 Train 4 Dec 2017—Mar 2018 3500 Train 5 Apr 2018—Sep 2018 4375 Train 6 Oct 2018 -Term 5250 3. Governing Law; Entire Agreement. This Amendment shall be enforced, in accordance with the laws of the state of Texas without giving effect to principles of conflicts of law. The venue of any claims, causes of action or litigation arising out of this agreement shall be Jefferson County, Texas. 4. No Other Amendment. Except as amended by the First Amendment, the Second Amendment,and this Third Amendment,all other terms of the Original Agreement remain in full force and effect. IN WITNESS WHEREOF, each of the Parties has caused this Amendment to be executed by their respective, fully authorized representatives as of the date first written above. Sabine Pass Liquefaction: City: Sabine Pass Liquefaction, LLC City of Port Arthur By: By: Name: Name: Title: Title: 2 of 2