Title
ORDINANCE NO. 3294 - FRANCHISE AGREEMENT WITH ASTOUND BROADBAND, INC.
COUNCIL INITIATIVE ADDRESSED:
Continue effective financial management
CITY ATTORNEY REVIEW: REQUIRED
SUMMARY STATEMENT:
Astound Broadband, Inc., a Washington limited liability company, has requested a franchise to grant it the right to enter, occupy, and use the City's public rights of way to construct, install, operate, maintain, and repair a fiber optic based telecommunications system. After discussions with Astound Broadband, Inc., and review by the city attorney, staff recommends granting Astound Broadband, Inc., a ten-year franchise agreement, with the option for one five-year extension of the term of the franchise. Ordinance No. 3294 is the proposed franchise agreement.
FINANCIAL SUMMARY:
The proposed franchise agreement provides for Astound Broadband, Inc., to pay a one-time administrative fee of $2,000 to defray the City's legal and administrative costs and expenses associated with negotiating and approving the franchise. All right of way, electrical, and other permit fees associated with installation of Astound Broadband, Inc., facilities would be paid at the time a permit is issued.
RECOMMENDED ACTION:
Motion to adopt Ordinance No. 3294.