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Reso 2022-3308
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Reso 2022-3308
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Last modified
6/3/2026 10:21:31 AM
Creation date
3/29/2022 4:29:26 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2022-3308
Date (mm/dd/yyyy)
03/15/2022
Description
Agmt w/ Port Consolidated, Inc. for gasoline & diesel fuel purchase
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DocuSign Envelope ID: C327FODO-D8DF-4343-B5Dl3-90853D1 ED8AA <br />Pricing Indices will be as follows; <br />• CBOB-83.7 <br />• PBOB-91.4 : <br />• Ethanol <br />• D6 CY R1N <br />a ULSD = <br />• Gallons will be billed off Net <br />Exhibit B - Proposal of Port Consolidated, Inc. <br />Saturday, Sunday and Monday lifting's will be priced the same. Daily pricing will run Midnight to Midnight. <br />SPECIFICATIONS- All Products shall comply with the Kinder Morgan CFPL specifications In Florida. <br />RATABILITY: Port's obligation to buy and take delivery of product hereunder shall be subject to the daily and <br />monthly tolerances specified in Table 3 below. For the avoidance of doubt, MXE shall have no obligation to sell <br />or deliver to Port any amount in excess of the daily tolerances or monthly tolerances specified in Table 3, <br />Table 3 <br />Product j - Dall Tolerances Mon~t31 <br />ULSD and All Gas Products --7- <br />20°lo I <br />+15% <br />-10% <br />The Daily Tolerance percentage shall be based on an expected dally volume calculated as follows: [Monthly <br />Volume x 12] + 365 <br />AVAILABILITY: If for any reason Port, fails to take on schedule, delivery of eighty-five percent (85%) of its <br />aggregate monthly minimum loading quantity for in any month, MXE, at its discretion and without prejudice to <br />any other rights or remedies which Port may have, will be entitled to invoice Port and Port will pay, as liquidated <br />damages an amount equal to $.0200 multiplied by the difference between the volume of product delivered in the <br />applicable month and ninety percent (90%) of the committed volume for such product (in gallons); provided <br />however the product was reasonably available to Port, <br />Metroplex Energy appreciates your business and looks forward to a continued and mutually -beneficial business <br />relationship. if you agree to the terms contained in this Agreement, please indicate your acceptance by <br />countersigning below. <br />Sincerely, <br />Michael A. Smith <br />Executive Director Marketing <br />Metroplex Energy, Inc. <br />Metroplex Energy, Inc., 200 Galleria Parkway SE, Suite 900, Atlanta, GA 30339 <br />Telephone (770)-431-7600 www.Fnetroplexenergy,com <br />
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