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08-046
08-046
CITY COMMISSION AGENDA 2
Meeting Date:
06/04/2008
Title:
TC Terminal Contribution Agreement for the Deepening of the Channel Project
Submitted For:
Doug Hoover
Submitted By:
Pam Lawrence, Administration
Department:
Management Services

ACTION REQUEST (Brief Summary)

Consider giving the Mayor authorization to execute a Contribution Agreement with the Texas City Terminal Railway Company. Terminal has agreed to contribute the City’s portion of the costs of the Project and additional costs up to a total amount of $24,500,000.00, through the collection of a special Crude Oil Surcharge.

BACKGROUND

ANALYSIS

ALTERNATIVES CONSIDERED


Fiscal Impact

Attachments