Item Coversheet
 CITY OF PLANO
COUNCIL AGENDA ITEM
Council Meeting Date:  10/14/2019

Department:  Gov Relations

Department Head: Brandi Youngkin

Agenda Coordinator:  Michelle Wariner

CAPTION


To approve the terms and conditions of a Public Right-of-Way Use Agreement by and between the City of Plano, Texas and St. Elizabeth Ann Seton Parish the right to locate, place, attach, install, operate and maintain, a communications system consisting of conduit and fiber under Independence Parkway for the purpose of connecting its communications system between two facilities; authorizing its execution by the City Manager; and providing an effective date. Approved

FINANCIAL SUMMARY

 

Revenue

FISCAL YEAR: 

2019-20 thru 2027-28

Prior Year
(CIP Only)

Current

Year

Future

Years

TOTALS
Budget  0  0 0 0
Encumbered/Expended Amount  0 0 0 0
This Item  0 1,652  13,041 14,693
Balance   0 1,652  13,041  14,693



FUND(S):  General Fund



 


COMMENTS:  The original Right of Way Agreement expired on March 26, 2018. St. Elizabeth Ann Seton Parish continued to pay the annual Public Right of Way Use Fee including the annual 3% escalator in Fiscal Year 2017-18 and 2018-19 in accordance with the original agreement. This item is to approve the new Right of Way Agreement for a 10 year term with an effective date of March 27, 2018 through March 26, 2028. The annual Public Right of Way Use Fee in Fiscal Year 2019-20 will be in the amount of $1,652.46 with a 3% annual escalator for future years. 

SUMMARY OF ITEM


Approving the terms and conditions of a Public Right-of-Way Use Agreement by and between the City of Plano, Texas and St. Elizabeth Ann Seton Parish. 

Strategic Plan Goal:

Financially Strong City with Service Excellence, Partnering for Community Benefit

Plano Tomorrow Plan Pillar:

 


ATTACHMENTS:
DescriptionUpload DateType
Agreement9/30/2019Agreement