Title
Amend License with Zayo Group, LLC to Extend the Term at 2120 N. Central Ave. (Ordinance S-45245)
Description
Request to authorize the City Manager, or his designee, to amend Contract 122932 with Zayo Group, LLC to extend the license for a five-year term. Further request authorization for the City Treasurer to accept all funds related to this item. Revenue during the extended term will be $130 per month.
Report
Summary
Zayo Group, LLC, formerly 360networks (USA), Inc., has held a license since 2008 with the City for a fiber conduit system for telecommunication purposes located at 2120 N. Central Ave. The licensee is in good standing and has requested a five-year extension. The monthly license fee during the extended term will be $130, plus applicable taxes, which is comparable to other similar telecommunication facilities at this location.
Contract Term
The contract will be extended for a five-year term beginning Jan. 9, 2019, and expiring Jan. 8, 2024.
Financial Impact
The monthly revenue during the extended term will be $130, plus applicable taxes.
Concurrence/Previous Council Action
Contract 122932 was authorized by Ordinance S-34393, adopted Sept. 19, 2007, and amended by Ordinance S-44157, adopted Dec. 13, 2017.
Location
2120 N. Central Ave.
Council District: 4
Department
Responsible Department
This item is submitted by Deputy City Manager Deanna Jonovich and the Human Services and Finance departments.