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County to Grant 5-Year Petroleum Pipeline Franchise to Crimson

$10,000 granting fee; annual franchise fee of $2.10 per cubic foot (e.g., $6,130.63 paid for 2023)Los Angeles county Development AuthorityCRIMSON RESOURCE MANAGEMENT CORPNovember 19, 2025

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Description

Los Angeles County plans to grant Crimson Resource Management Corp. a five-year proprietary petroleum pipeline franchise effective November 27, 2025, through November 26, 2030. Crimson will pay a $10,000 granting fee plus annual franchise fees based on $2.10 per cubic foot of right‑of‑way space occupied, indexed to the Consumer Price Index.

Contract Details

Contract Amount

$10,000 granting fee; annual franchise fee of $2.10 per cubic foot (e.g., $6,130.63 paid for 2023)

Vendor

CRIMSON RESOURCE MANAGEMENT CORP

Agency

Los Angeles county Development Authority, CA

Contract Type

OTHER

Document Date

November 19, 2025

Contract Term

November 27, 2025 – November 26, 2030 (5-year franchise)

Renewal Date

2030-11-26

Renewal Info

Franchise term is fixed for five years, from November 27, 2025 to November 26, 2030; any continuation beyond this period would require Board approval of a new or extended franchise ordinance.

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