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HomeMy WebLinkAboutSummary FormAGENDA ITER SUMMARY ,CORM FILE ID: 0 6 ` ()It tul Date: 6/ 16/2006 Commission Meeting Date: 7/13/2006 Requesting Department: Public Works District Impacted: All Type: ❑ Resolution ® Ordinance ❑ Emergency Ordinance 0 Discussion Item ❑ Other Subject: An Ordinance authorizing a franchise agreement between the City of Miami and Pivotal Utility Holdings, Inc., formerly known as NUI Utilities, d/b/a Florida. City Gas. Purpose of Item: To adopt an Ordinance that would authorize a long-term franchise agreement between the City of Miami and Pivotal Utility Holdings, Inc., formerly known as NUI Utilities, d/b/a Florida City Gas, This agreement will be for fifteen (15) years with up to three (3) optional five (5) year extensions. This Ordinance also requests for the City Commission to authorize the City Manager to negotiate and execute the final franchise 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. Background Information: The City currently has a short term agreement with the franchisee as approved by Ordinance No. 12779, enacted March 9, 2006. The term of that agreement expires August 31, 2006 and the City and the Franchisee desire to enter into a new long-term franchise agreement . YES NO NO Budget Impact Analysis Is this item related to revenue? Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project 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 CIP Final Anurovals (SIGN AND DATE) If using or receiving capital funds Grants Budget ' Q nu.. L4.---1- Risk Managem Dept. Director Chief 7 `-' `� City Manager Page 1 of I