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HomeMy WebLinkAboutFR/SR Summary Formr t ;. iT FILE ID: (4, 00 100 Date: 1/18/2006 Requesting Department: Public Works Commission Meeting Date: 2/09/2005 District Impacted: All Type: ❑ Resolution ® Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Ordinance extending the short-term franchise agreement with Pivotal Utility Holdings, Inc., formerly known as NUI Utilities, d/b/a Florida City Gas. Purpose of Item: To extend the short term franchise agreement until the earlier of August 31, 2006 or the date immediately preceding effective date of any subsequent franchise agreement entered into by the City and the Franchisee. Second Reading Ordinance AGENDA ITEM5UMMARY FORM Background Information: The term of the Franchise expires February 28, 2006 and the City and the Franchisee desire to enter into a new long-term 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: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: $0.00 Maintenance Cost: $0.00 Total Fiscal Impact: $0.00 Final Approvals (SIGN AND DATE) CIP Budget Grants Risk Management . If using or receiving capital funds Purch Dept. Director igra • • Chief City Manager �� Page l of 1