18-871FILE REFERENCE FORM 18-871
X Additional File Exists
Additional File Contains Records Not Public, According to the Public Records Act
Other
FILE(S) Date Initials
Eagleridge Midstream, LLC License or Permit Bond No. 7000000258
submitted for a Ri ht-of-Wa License Renewal 6/21/18 JW
S:\Legal\Our poeuments\drdinances\18\Ordinance-Consent to Assign for North Denton Pipeline - CD Final.doex
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WHEREAS, the City finds it is in the public interest to consent ta the requested assignment;
NOW, THEREFORE,
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SECTION 3. If any section, article, paragraph, sentence, clause, phrase or word in this
Ordinance or application thereof to any person or circumstance is held invalid or unconstitutional
by a Court of competent jurisdiction, such holding shall not affect the validity of the remaining
portions of this Ordinance, and the City Council hereby declares it would have passed such
remaining portions of this Ordinance despite such invalidity, which remaining portions shall
remain in full force and effect.
SECTION 4. This ordinance shall become effective immediately upon its passage and
approval.
The motion to approve this Ordinance was made by ��,�� s° ������ ���,� ���� �� �� and
seconded by �iee �� ,��/�/�� , the Ordmance was passed and ,�������^�����:� by
the following vote � - �: `�� �
A��e � Abstain Absent
Chris Watts, Mayor:
Gerard Hudspeth, District 1: ✓
Keely G. Briggs, District 2: 1�
Don Duff, District 3:
John Ryan, District 4: ✓
Deb Armintor, At Large Place 5: ��
Paul Meltzer, At Large Place 6: ✓
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PASSED AND APPROVED this the /%� day of ��,(�/ , 2018.
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CHRIS � �"f`.;"„ MAYOR
ATTEST;
JENNIFER WALTERS, CITY SECRETARY
BY: _ ��� � '��„� �� �� �.���� � ��"���� ..�� ' ��M„
APPROVED AS TO LEGAL FORM:
AARON LEAL, CITY ATTORNEY
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This Consent to Assignment and Assumpdon af Obligations (the "Consent") is dated this
��° ;� cN���� ��" q���. ___....�„w.,� 2018, by and l��tw���r� t��� �i of enton, "�'����„ � Texas
���a�� a�a��� ��a��������,��� �����r���4i�� ��a�"ity"), orth ���t�� �i��������fi L.L.C. C« oit� �����a��a��") and
EagleRidge Midsh�eam, LLC ("Eagl�ridge").
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terms, conditions and provisions hereof; and
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Foi• and in consideration of Ten and no/100 Dallars ($10.00), the covenants,
i•epresentatians, and wsr��anties pi•ovided herein, snd other good and valuable consideratian, the
receipt and sufficiency of which is hereby acknowledged by all parties hereto, City, North Denton,
and EagleRidge hereby agree as follows:
1. North Denton agrees to continue compliance with all terms and conditions of the ROW
License and Renewal ROW License, including but not llmlted to the pinvislon of bonds and
insuranca as specifled thet�ein, until the closing of the Proposed Assignrnent ant►cipated hecein
occug5 and the assignment is effectuated, or if the closing fails to occur, until the termination of
the ROW L►cense.
2, At the closing of the P�°oposed Assignment, EagleRidge wlll expressly assume, the same
as if EagleRidge was the ociginal `°Licensee" under the ROW License and the Renewel ROW
License, all obligations and i°esponsibilities as pi•ovlded in the ROW License and the Renewal
ROW License for all pucposas and intents.
3. North Denton hereby i�cpresonts and wu�cants to the City that, following the closing of the
Pi•oposc�d Assignment, it will not own or possess, or have the right to own or possess, any inteirst
or right whstsoever, present or future, in the ROW L°tcense, insofar as it covers and Includes the
interests described on Exhibit "A" thereto, and the Renewal ROW License, as of the effective date
of the Proposed Assignment.
4. In reliance upon the representations, warrantles, and agreements made herein by North
Denton and EagleRidge, the City hereby provides its written consent to the Proposed Assignment,
upon the terms and conditfons p►r,vfded hei�ein.
5. Noith Denton and EagleRidge hei•eby ratify and acknowledge tha validity and subsistence
of the ROW License and Renewal ROW License.
6. This Cansent msy be executed in one ar more counteipai�ts, each af which shall be deemed
an original, but all of which shall constitute one and the same instrument.
7. Should the closing and Proposed Assignment to EagleRidge not accur, EagleRidge shall
have no obligations hereunder.
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Approved as to legal form:
Aaron Leal, City Attorney
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LICENSE OR PERMIT BOND
Bond No. 7000000258
KNOW ALL MEN BY THESE PRESENTS:
That we, Eagleridge Midstream, LLC as Principal, and Sirius America Insurance Company a
corporation organized under the laws of the State of New York with its principa] office in 140 Broadway, 32nd
Floor, 1Vew York, 1VY 10005, as Surety, are held and firmly bound unto the City of Denton as Obligee, in the full
penal sum of Forty Thousand and No/100 Dollars ($ 40,000.00 ), lawful money of the United States, for the
payment of which, well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and
assigns, jointly and severally, firmly by these presents.
WHEREAS, the above bounden Principal has obtained or is about to obtain from the said Obligee a license
or permit for utility work within city public ROW; and the term of said license or permit is as indicated opposite
the block checked below:
X Beginning the 8th day of June, 2018, and
ending the 8'h day of June, 2019
0 Continuous, beginning the day of 20
WHEREAS, the Principal is required by law to file with a bond for the above indicated term and
conditioned as hereinafter set forth.
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, That if the above bounden
Principal as such licensee or permitee shall indemnify said Obligee against all loss, costs, expenses or damage to it
caused by said Principal's non-compliance with or breach of any laws, statutes, ordinances, rules or regulations
pertaining to such license or permit issued to the Principal, which said breach or non-compliance shall occur during
the term of this bond, then this obligation shall be void, otherwise to remain in full force and effect.
PROVIDED, that if this bond is for a fxed term, it may be continued by Certificate executed by the Surety
hereon; and
PROVIDED FURTHER, that regardless of the number of years this bond shall continue or be continued in
force and of the number of premiums that shall be payable or paid, the Surety shall not be liable hereunder for a
larger amount, in the aggregate, than theamount of this bond, and
PROVIDED FURTHER, that if the Surety shall so elect, this bond may be canceled by the Surety as to
subsequent liability by giving thiriy (30) days notice in writing to said Obligee.
Signed, sealed and dated this 8�'' day of June 2018.
��������M°i�����Midstreamr i,.��.��"
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Sirius America Insurance Company
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I� Y _..... - -- _____...... ........... .............. . . ......... ��^°..----.............—N�
Maria D. Zuniga, Attorney-In-Fact
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To obtain information or make a complaint;
You may call the Surety's toll free telephone number for information or to make a complaint at 1-844-312-4357.
You may contact the Texas Department of Insurance to obtain information on companies, coverage, rights or complaints
at:
1-800-252-3439
You may write the Texas Department of Insurance at;
P.O. Box 149104
Austin, TX 78714-9104
Fax# 512-475-1771
web ���:�.E:?::��v�r�vr.�r tr�m �,���tr�rvtxw���
i::.�u�t���woV,�� ���rr����r���xn•N���s9:t:��:T����w�G�r�ts�'i ��t�a���.��.a���
PREMIUM OR CLAIM DISPUTES: Should you have a dispute concerning your premium or about a claim you should
contact the Surety first. If the dispute is not resolved, you may contact the Texas Department of Insurance (TDI).
ATTACH THIS NOTICE TO YOUR POLICY: This notice is for information only and does not become a part or condition of
the attached document.
AVI50 IMPORTANCE
Para obtener informacion o presentar una queja:
Usted puede Ilamar al numero de tel�fono gratis de para informacion o para someter una queja al 1-844-312-4357
Puede comunicarse con el Departamento de Seguros de Texas para obtener informacion acerca de companias,
coberturas, derechos o quejas en:
1-800-252-3439
Puede escribir al Departmento de Seguros de Texas;
P.O. Box 149104
Austin, TX 78714-9104
Fax# 512-475-1771
web: http://www.tdi.state.tx.us
E-mail: ConsumerProtection@tdi.state.tx.us
DISPUTAS SOBRE PRIMAS O RECLAMOS: Si tiene una disputa concerniente a su prima o a un reclamo, debe
comunicarse con el Surety primero. Si la disputa no se resuelve, puede comunicarse con el Departamento de Seguros de
Tex (TDI).
UNA ESTEAVISOA SU POLIZA: Este aviso es solo para proposito de informacion y no se convierte en parte o condicidn
del documento adjunto.
TX Rider