Title
Transfer of Ownership of Electric Lightwave, LLC dba Integra Wholesale to Zayo Group, LLC (Ordinance S-44967)
Description
Request approval of the transfer of ownership of Electric Lightwave, LLC dba Integra Wholesale to Zayo Group, LLC ("Zayo"); termination of Telecommunications Services and Interstate Telecommunications Services License (City Contract 137017) and release the related deposit account to Zayo Group, LLC; consolidate the operations of Electric Lightwave, LLC dba Integra Wholesale under Zayo's existing Telecommunications Services and Interstate Telecommunications Services License (City Contract 143614) which expires on March 1, 2021. Further request authorization for the execution of the necessary documents. There is no financial impact to the City of Phoenix.
Report
Summary
Zayo's acquisition of Electric Lightwave, LLC closed on March 1, 2017 and they desire to integrate the operations of Electric Lightwave, LLC under the existing license in its name. Section 9 of Electric Lightwave, LLC's Telecommunications Services and Interstate Telecommunications Services License (City Contract 137017) requires formal approval by City Council for any proposed change in ownership. A staff review of the request by Zayo indicates there is no basis for denying approval. Staff recommends City Council approve the proposed changes in ownership and transfer the license.
Financial Impact
There is no cost to the City of Phoenix. Licensee will continue to pay an annual fee based on a formula using footage and the Consumer Price Index.
Department
Responsible Department
This item is submitted by Deputy City Manager Mario Paniagua and the Street Transportation Department.