RECOMMENDATION(S):
APPROVE and AUTHORIZE the Public Works Director, or designee, to execute the First Amendment to License Agreement (Amendment) between Contra Costa County (County) and SFPP, L.P., a limited partnership, acting by and through Kinder Morgan Operating L.P. “D”, its General Partner acting by and through Kinder Morgan G.P., Inc. (collectively referred to as Licensee). Project No.: 0676-6P4059.
DIRECT the Real Estate Division to cause the Amendment to be delivered to Licensee for execution.
FISCAL IMPACT:
The Local Road Fund (fund 110800) will receive an annual fee of $8,143 effective December 1, 2020. The annual fee will increase by 4% each year for the remaining nine years of the Agreement.
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