Common Contracts
2 similar Price Agreement contracts
EXHIBIT APrice Agreement • March 26th, 2010
Pursuant to section 6 of Chapter 29 of the Statutes of 1956, First Extraordinary Session, the City of Long Beach (City) shall receive into the system of its municipal gas department all Long Beach tidelands dry gas that it can economically utilize. The City shall pay to the California State Lands Commission (State) for the gas it can economically utilize the reasonable wholesale market value as determined from time to time jointly by the City and the State. The last agreement where the City and the State jointly determined the reasonable wholesale market value of tidelands dry gas was made in 2003 and is known as the 2003 Long Beach Tidelands Dry Gas Price Agreement (2003 Agreement).
EXHIBIT APrice Agreement • March 26th, 2010
Pursuant to section 6 of Chapter 29 of the Statutes of 1956, First Extraordinary Session, the City of Long Beach (City) shall receive into the system of its municipal gas department all Long Beach tidelands dry gas that it can economically utilize. The City shall pay to the California State Lands Commission (State) for the gas it can economically utilize the reasonable wholesale market value as determined from time to time jointly by the City and the State. The last agreement where the City and the State jointly determined the reasonable wholesale market value of tidelands dry gas was made in 2003 and is known as the 2003 Long Beach Tidelands Dry Gas Price Agreement (2003 Agreement).
