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701W EL SEGUNDO CITY COUNCIL MEETING DATE. June 15, 1999 AGENDA ITEM STATEMENT AGENDA HEADING. Consent Calendar AGENDA DESCRIPTION, Consideration of Resolution stating the City's Intent to Grant Oil Pipeline Franchise and setting the public hearing thereon RECOMMENDED COUNCIL ACTION. Adopt Resolution BACKGROUND: The City of El Segundo previously granted two oil pipeline franchises to Southern California Edison ( "SCE "), via Ordinance No 666, adopted June 26, 1967, and Ordinance No 967, adopted January 16, 1979 SCE has requested that the City consolidate the existing franchises into one franchise for ease of administration and to consolidate franchise fee payments to the City DISCUSSION City staff, including the City Attorney's office, has been working with SCE for the past several months on a draft franchise ordinance This draft ordinance is currently being finalized State law requires that the City Council adopt a resolution setting a noticed public hearing for City Council consideration of the ordinance City staff recommends that this public hearing will be noticed for the July 20, 1999 regular City Council meeting City staff will circulate the draft ordinance and related documents prior to the meeting of July 20, 1999 ATTACHED SUPPORTING DOCUMENTS. Resolution FISCAL IMPACT (Check one) Operating Budget, N/A Capital Improv Budget: Amount Requested: Project/Account Budget, Project/Account Balance Date, Account Number- n \c -stfrp Project Phase: Appropriation Required - Yes— No X Date: June 9, 1999 Uare: /-/c /�yy June 9, 1;99 237 14