File #: 16-0670   
Type: Resolution Status: Agenda Ready
In control: City Council
On agenda: 7/5/2016
Title: Approving and authorizing the City Manager to enter into a Conduit Use Agreement with Zayo Fiber Solutions for a term of 20 years. (Districts 2, 5 and 6) This Agreement is for the use and partial construction of the City's Conduit Duct Bank System by Zayo Fiber Solutions. Zayo will pay a lump sum of $1,897,612 prior to the issuance of a permit and will provide in-kind contributions to construct improvements to the City's duct bank, valued at $1,650,000, for a total value estimated at $3,547,612.
Strategic initiatives: Community Engagement, Economic Development, Financial Stability, Quality of Life
Attachments: 1. Council Report, 2. Resolution, 3. Conduit Use Agreement, 4. Exhibit A - Map of Exisitng System, 5. Exhibit B - Map of Completed System, 6. Exhibit C - ITDITS Specifications
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Title

Approving and authorizing the City Manager to enter into a Conduit Use Agreement with Zayo Fiber Solutions for a term of 20 years.

(Districts 2, 5 and 6)

 

This Agreement is for the use and partial construction of the City's Conduit Duct Bank System by Zayo Fiber Solutions.  Zayo will pay a lump sum of $1,897,612 prior to the issuance of a permit and will provide in-kind contributions to construct improvements to the City's duct bank, valued at $1,650,000, for a total value estimated at $3,547,612.