Broward County Commission Regular Meeting
Director's Name: Jonathan Daniels
Department: Port Everglades Division: Business Development
Information
Requested Action
title
MOTION TO APPROVE Lease Agreement between Broward County and South Florida Materials Corp. to construct, maintain, and use an asphalt turn lane and loading area to support its development of a new bulk petroleum terminal on adjacent private property at Port Everglades, effective retroactive to July 1, 2022, through June 30, 2027; and authorize the Mayor and Clerk to execute same.
body
Why Action is Necessary
Multi-year lease agreements require Broward County Board of County Commissioners' approval.
What Action Accomplishes
Approves a new five-year Lease Agreement between Broward County and South Florida Materials Corp. to construct, maintain, and use an asphalt turn lane and loading area to support its development of a new bulk petroleum terminal on adjacent private property at Port Everglades.
Is this Action Goal Related
Yes
Previous Action Taken
None
Summary Explanation/Background
THE PORT EVERGLADES DEPARTMENT RECOMMENDS APPROVAL.
This action supports the Broward County Board of County Commissioners' ("Board") Value of "Ensuring economic opportunities for Broward's diverse population and businesses" and the Goal to "Increase the economic strength and impact of revenue-generating County enterprises balancing economic, environmental, and community needs."
On March 9, 2021 (Item No. 10), the Board approved a License Agreement between Broward County and South Florida Materials Corp. ("SFM") for new bulk petroleum product pipelines to connect SFM's new stand-alone petroleum terminal to the petroleum tanker berths and the Everglades Pipe Line Company L.P. pumping station within Port Everglades. The new petroleum terminal is located on a privately-owned six-acre parcel in the Northport area of Port Everglades (see Exhibit 2), and SFM expects it to enter service by the end of ...
Click here for full text