TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Public Works
Aaron Bert
425-556-2786
DEPARTMENT STAFF:
Public Works
Patty S. Criddle
Transportation Engineering Supervisor
TITLE:
title
Approval of a Conduit Lease Agreement - NE 90th Street Bridge
OVERVIEW STATEMENT:
recommendation
Verizon (MCI) desires to lease approximately 860 linear feet of existing City-owned conduit on the NE 90th Street Bridge. City staff in cooperation with Verizon and Ogden, Murphy and Wallace have developed the attached conduit lease agreement for approval. The license fee is an annual cost of $4.00 per linear foot, increased annually by 3% with a one-time administrative fee of $2500.00. The agreement has a five (5) year term with the right to renew for additional five (5) year terms. There is no limit to the number of renewals. Staff recommend approval of this lease agreement.
body
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
* Relevant Plans/Policies:
N/A
* Required:
RMC 12.14 - Telecommunications
* Council Request:
N/A
* Other Key Facts:
N/A
OUTCOMES:
In addition to installing Verizon-owned conduit on either side of NE 90th Street bridge, Verizon will be installing 2 extra conduits alongside Verizon conduits and two extra vaults, one at each end, which will be owned by the City of Redmond.
COMMUNITY/STAKEHOLDER OUTREACH AND INVOLVEMENT:
* Timeline (previous or planned):
N/A
* Outreach Methods and Results:
N/A
* Feedback Summary:
N/A
BUDGET IMPACT:
Total Cost:
No cost for the city.
Approved in current biennial budget: ? Yes ? No ? N/A
Budget Offer Number:
N/A
Budget Priority:
Vibrant and connected
Other budget impacts or additional costs: ? Yes ? No ? N/A
If yes, explain:
N/A
Funding source(s):
N/A
Budget/Funding Constraints:
N/A
? Additional budget details attached
COUNCI...
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