SUBJECT/RECOMMENDATION:
Title
Approve a Firm Transportation Service Agreement with Florida Gas Transmission for the transportation of natural gas supply under Rate Schedule FTS-1, Contract No. 107352 and authorize the appropriate officials to execute same. (consent)
Body
SUMMARY:
The City of Clearwater has two separate agreements with Florida Gas Transmission (FGT) to reserve space within their pipeline to transport natural gas supply to CGS Energy’s four gate station delivery points. Agreement #107352 is a Firm Transportation #1 (FTS-1) Service Agreement. The new FTS-1 Service agreement will have a 10-year contract term (February 1, 2027 - January 31, 2037).
The City’s maximum gas supply entitlements under this agreement are listed below:
May - September: 711,756 Dth (4,652 per day)
October: 170,438 Dth (5,498 per day)
November - March: 1,543,069 Dth (10,219 per day)
April: 216,570 Dth (7,219 per day)
Total capacity: 2,641,833 Dth
APPROPRIATION CODE AND AMOUNT:
CGS has budgeted funds available in account code 4232078-531400 Gas System Supply (PGA Recovery). CGS is funded by revenues from the Gas Utility Enterprise Fund.
STRATEGIC PRIORITY:
Maintains an efficient and highly reliable public infrastructure by securing the transportation of natural gas.
