Sponsor
Alderman Helding
Title
Mayor and City Clerk be authorized to enter into a Conduit License Agreement with Time Warner Cable for a period of three years, to use the City's conduit duct system
Resolved, that the Mayor and City Clerk be authorized and directed to enter into a Conduit License Agreement with Time Warner Cable to use the City's conduit duct system on 4th Street, Main Street, 5th Street and Lake Avenue for installation, operation, maintenance and repair of their fiber optics. This agreement will be for a minimum period of three (3) years.
Fiscal Note: Time Warner Cable will pay the City $0.87 per foot conduit fee with a five percent (5%) annual escalator.