HomeMy WebLinkAboutsummary formDate: 1/13/2005
AGENDA ITEM SUMMARY FORM
FILE ID: D5 ^ O oolk-g
Requesting Department: Public Works
Commission Meeting Date: 2/10/2005 District Impacted: 1,2 & 4
Type: ❑ Resolution 21Ordinance 0 Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Ordinance extending the short-term franchise agreement with NUI Utilities
Purpose of Item:
To extend the short term franchise agreement until the earlier of August 28, 2005.
Background Information:
The term of the Franchise expires February 28, 2005 and the City and the Franchisee desire to enter
into a new franchise agreement but have not yet concluded negotiations on the acceptable terms of.
such agreement. The City and the Franchisee have agreed to extend the short term agreement in order
to allow time to negotiate the terms and conditions for a long term Agreement . This will enable
households within the City of Miami to continue to receive gas services from the Franchisee and
allow the City to continue to receive franchise fees.
Budget Impact Analysis
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No: N/A
Special Revenue Account No: N/A
CIP Project No: N/A
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost: $0.00
Maintenance Cost: $0,00
Total Fiscal Impact: Revenue to the City in the amount of 6% of the Franchisee's Gross
Receipts.
Final Approvals
(SIGN AND DATE)
CIP Budget
Ifus9 *"orcapital funds
Grants Risk Manage#nent
Purchasing Dept. Directs;
Chief
� ' City Manage
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