Title:
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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.
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Strategic initiatives:
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Community Engagement, Economic Development, Financial Stability, Quality of Life
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