Agenda Item Title:
Title
City Attorney's Office recommending adoption of Ordinance 19-04 authorizing the execution of a franchise agreement between Comcast and Sandy City.
Body
Presenter:
Bob Thompson
Description/Background:
A memo from the City Attorney is attached. Council Office staff note that the franchise is for 10 years, and that Comcast shall pay the City a fee of 5% of annual Gross Revenue. This item is also associated with items 19-043 repealing inoperative and conflicting provisions of code, and 19-044 amending definitions.
Fiscal Impact:
It is not clear what the annual or total anticipated revenue is as a result of this franchise. The Council may want to inquire with the City Attorney and/or Finance Department for this information.
Recommended Action and/or Suggested Motion:
Recommendation
Motion to adopt Ordinance 19-04 as presented.