Broward County Commission Regular Meeting
Director's Name: Glenn Wiltshire (Acting Director)
Department: Port Everglades Division: Director's Office
Information
Requested Action
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MOTION TO APPROVE ten-year License Agreement between Broward County and Global Terminal Holdings LLC for Bulk Petroleum Product Pipelines at Port Everglades, with a term beginning retroactively on December 21, 2023, and ending on December 20, 2033; and authorize the Mayor and Clerk to execute same.
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Why Action is Necessary
License Agreements with a term that exceed one year require approval by the Broward County Board of County Commissioners.
What Action Accomplishes
Approves a new ten-year License Agreement with Global Terminal Holdings LLC that replaces two ten-year Bulk Petroleum license agreements being terminated between Motiva Enterprises LLC and Broward County expiring on March 8, 2029, and May 3, 2030.
Goal Related Icon(s)
?County Commission
?Go Green
?MAP Broward
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 "Building Partnerships and working collaboratively with others to meet shared objectives" and the Goal of "Ensuring economic opportunities and a sustainable economy, with an emphasis on Broward's lower and middle class."
The Port Everglades Chief Executive/Port Director received a letter from Motiva Enterprises LLC ("Motiva") dated November 29, 2023, requesting assignment of their Bulk Petroleum Product Pipelines license agreements to Global Terminal Holdings LLC ("Global") resulting from Motiva's agreement to sell certain terminal facilities and related assets anticipated to close in December 2023.
Subsequently, Broward County received a letter from Global, dated December 7, 2023, requesting assignment of the same Bulk Petroleum Product Pipelines license agreements between Motiva and Bro...
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