Title
A Resolution Authorizing an Easement Agreement with Foley Holdings, LLC.
Summary
Gary Schrader/Sue Steigerwald: Foley Holdings LLC. requires an Easement Agreement for the fiber system being installed at the site of the Public Athletic and Sports Facilities Cooperative District multi-use fields, and at the site of the Public Cultural and Entertainment Facilities Cooperative District events center, both sites are being operated by the City of Foley.
Budgetary Impact: None
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
Additional amount needed, if any: Increase in budget of $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, the City desires to offer internet access at the multi-use fields it is leasing from, and operating for, the Public Athletic and Sports Facilities Cooperative District, and
WHEREAS, the City also desires to offer internet access at the events center it is leasing from, and operating for, the Public Cultural and Entertainment Facilities Cooperative District, and
WHEREAS, Foley Holdings, LLC, an Alabama limited liability Company, has agreed to construct a fiber system on the properties and provide internet service.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves an Easement Agreement with Foley Holdings, LLC. for the construction and maintenance of a fiber system and the provision of internet service.
SECTION 2: Authorizes the Mayor to execute the Easement Agreement on behalf of the City.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.