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Summary:
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The City of Orlando granted a non-exclusive Natural Gas Franchise to Peoples Gas System, a division of Tampa Electric Company, in 2006 for a ten year term (until 2016). Peoples Gas System/TECO and City staff have negotiated a new franchise agreement with the same terms as the previous Franchise Agreement, including the 6% Franchise Fee. The term of the non-exclusive franchise is ten (10) years through 2026, with an option to an additional ten (10) year renewal term upon agreement by Peoples Gas System/TECO and the City. Construction standards and specifications for the system in the City's rights-of-way are subject to the City’s approval and insurance and indemnification requirements are imposed. A non-assignability clause prevents the system from being transferred to another entity without the advance written approval of the City.
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Fiscal & Efficiency Data:
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The City will continue to receive franchise fee revenue for the use of the City’s rights-of-way.
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Recommended Action:
Adoption of the attached Ordinance No. 2016-77 as drafted and authorization for the Mayor/Mayor Pro Tem and City Clerk to execute the same upon adoption, subject to review and approval by the City Attorney’s Office. |
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Agenda Item attachment(s) on file in the City Clerks Office.
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Note:
All agenda items must
be in the City Clerk's office by Noon Friday, six(6) business days prior to the
regular Monday City Council meeting.
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Contact:
Christopher McCullion, Mary Pappas
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Approved By:
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Department
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Date and Time
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| Budget Outside Routing Approval |
9/19/2016 2:23 PM |
| City Clerk |
9/19/2016 2:59 PM |
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