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HomeMy WebLinkAbout03-177 AGENDA BILL CITY OF B~TON C~ CO~C~ SUIMECr: Lease to Remove Gravel Committee Meetin~ Date: Department: Public Works/LMlities Pr~ent~: Bill McKinney Phone: ext. 5354 SUMMARY: Surface mining opef~ons have ~b,:~'-~ conducted by Port Orchard Sand & Gravel (POS&G) on Wate~ Utility hind under an acquisition agreement signed with Alpine Ev~green, Inc. in 1988 in which royalities for exlracted materials went to Alpine. This agreement expires Sq~temb~ 27, 2003. The City and POS&G have negotiated a new agreement in which o0er~ions may co~inue in the same location and royalities pai~ to the Utility. Royalties of$ ~ .~[~r ton for extm~ed materials w~th a nummum annual~Jl~of $ oqo, O o c) m esmbhshed. Term of the lease ~s ten years. Required permits and access have been obtldned. It is recommeoded tim the attached Ieee be ATTACIIMENTS: Le~e to Remove Cn'avel FISCAL IMPACTS (Include Budgeted Amount): This agreemem creates anew source ofrev~oue for the Water Utility. APPROVALS: DEP3~I. TMENT DIRECTOR: ~ CITY ^I~IYORNE¥: .~~-~ FINANCE DIRECTOR: FISCAL/BUDGET: Heard at Committees 9/9 & 9/16 I OPERATIONS: Heard at Committees 9/9 ~, 9/16I CONSENT A~A [] RECOMMEI~J} MOTION: Th~ City Council approve th~ I~ to lh~ove Gr~l I~n th~ Cit~ ofBr-~aerton ~d Pm't Oral, rd S~d & Gr~vel ~nd ~ tl~ l~yor to fi~li~ ~nd ~x~ute COUNCIL ACTION: [~ove [] De~y [] Table [] Cx',~,,e [] No Action