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NATURAL GAS SERVICE AGREEMENT -, 41 NATURAL GAS SERVICE AGREEMENT .. , This Agreement is made and entered into by and between PEOPLES GAS SYSTEM, INC., (herein, "Peoples") and the CITY OF CLEARWATER, a Florida municipality (herein, "the City"). Whereas, the City desires to sell natural gas to Peoples, and Peoples desires to purchase natural gas fran the City, in order to supply the Largo Collection located at the intersection of Ulrnerton Road and Seminole Boulevard Largo, Florida, upon the tenus and conditions set forth herein; now there- fore In consideration of the TIUltual premises and benefits set forth herein, the parties agree as follows: 1. Peoples agrees to purchase and the City agrees to supply Peoples natural gas service on a Wholesale Rate of $0.08146 per them above the City's weighted cost of gas. '!he City agrees to deliver such gas at a delivery point at or near the intersection of Ulmerton Road and Seminole Boulevard in Largo, Florida. Said service is to connect to a Peoples main at the point of delivery, and said main is to supply the developnent knCMIl as the Largo Collection. The City further agrees to supply gas at a pressure not to exceed 60 PSIG. 2. Peoples agrees to CCIIpl y with all applicable Federal, State and local laws, regulations and ordinances with respect to its gas main, from the delivery point at the point of connection with the City's meter to the custaner' s appliances. The City shall have the right to in- spect the gas facilities downstream fran the point of connection with the City's meter. In the event that an inspection by the City dis- closes evidence of any defect or non-canpliance with any applicable Federal, State or local laws, regulations or ordinances with regard to the gas facilities at or dCMIlstream fran the point of connection with the City's meter, then the City shall have the right to tennin- ate service to Peoples rmtil such defect or non-compliance is cor- rected. 3. Peoples further agrees to indemnify and hold harmless the City fran any and all personal injury and property damage claims arising directly or indirectly rmder this AgreEment and resulting solely from the negligence of Peoples or its officers and employees. 4. The tenu of the Agreement shall ccmnence on the date upon which this Agreement has been executed by both parties, and shall continue on a year-to-year basis thereafter. This Agreement is terminable at will by either party, provided that the party terminating the Agreement gives written notice to the other party not less than one hrmdred twenty (120) days prior to the date of tennination. 5. ...Approved ..asto fom-and . correctness: ~ City Attorney Signed, sealed and delivered in e presence of: "-f . CITY OF CLEARWATER, FLORIDA ~ ..... BY: . RW)cA~f.'/ f,p.,,;., . ty Manager ... - _: Attest~ - ~ ' ~:-, ( j .. - /' ,""~I.\ lA', 1>..... \...... City lerk - - PEOPLES GAS SYS~~C. ... By: ' fJ0~ J~-, .'1;. _- ~"-"''-L ,_ _-"_~_'__ ..,.., :...;..- Title: Vice President - Marketing .. ,1 { i I I' /'" '," , ,.." !'f-~' , f. I~.~ c' ,- (<, ., /')r'\ I/'//:-,- /r /~) OU-;..J J UL-,