Plains LPG First Amendment Final Revised
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1
FIRST AMENDMENT TO THE
LPG TRANSPORTATION SYSTEM LICENSE ISSUED TO PLAINS LPG
SERVICES, L.P., BY CITY OF EL MIRAGE
This FIRST AMENDMENT ("Amendment No. 1") to the LPG TRANSPORTATION
SYSTEM LICENSE ISSUED TO PLAINS LPG SERVICES, L.P., (“License”) is hereby
made and entered into this 17th day of August, 2021, by and between The CITY OF EL
MIRAGE, ARIZONA, an Arizona municipal corporation (“Licensor” or “City”), and PLAINS
LPG SERVICES, L.P., a Delaware limited partnership authorized to transact business in the
State of Arizona (“Licensee”), collectively (“the Parties”).
RECITALS
WHEREAS, the City/Licensor and Licensee entered into the LPG Transportation System
License on June 25, 2009 (the “Effective Date”); and,
WHEREAS, the parties desire to amend Section 7. Term of License, to extend the term
an additional 10 years, and remove the CPI Adjustment payment to include an annual fee payment.
AMENDMENT
NOW, THEREFORE, in consideration of the mutual promises and obligations set forth
herein, the Parties, hereby agree to amend the License as follows:
1. Section 7. Term of License.
The License granted herein shall continue and exist for a period of 30 years from the
effective date unless sooner canceled as provided in Section 10 below. The effective
date shall be the date on which the last party execute the License. Commencing on June
25, 2021, the annual fee shall be $6,200.00, and shall increase by two and one-half
percent (2.5%) annually thereafter.
2. Except as specifically amended, all remaining terms and conditions of said License
shall remain the same and continue in full force and effect.
[Signature page follows]
2
IN WITNESS WHEREOF, the Parties have executed this Amendment No. 1 as of the
date first above written.
CITY OF EL MIRAGE, ARIZONA,
PLAINS LPG SERVICES, L.P.,
a municipal corporation
By: Plains LPG Services GP LLC,
Its General Partner
_____________________________
By:______________________________
By:
J. Crystal Dyches
George N. Polydoros, Jr.
Its:
City Manager
Vice President
ATTEST:
_____________________________
By: Sharon Antes
Its: City Clerk
APPROVED AS TO FORM:
_____________________________
Justin Pierce, City Attorney