My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
20A - AA AND AGMT CITYWIDE WIFI
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2020
>
11/17/2020
>
20A - AA AND AGMT CITYWIDE WIFI
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/12/2020 5:44:55 PM
Creation date
11/12/2020 3:17:05 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
20A
Date
11/17/2020
Destruction Year
2025
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
11
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />NOVEMBER 17, 2020 <br />TITLE: <br />APPROVE AN APPROPRIATION <br />ADJUSTMENT AND AMEND AGREEMENT <br />WITH MAGELLAN ADVISORS LLC TO <br />INCREASE THE CONTRACT AMOUNT BY <br />$36,685 FOR THE REMAINING TERM OF <br />THE AGREEMENT FOR CITYWIDE FIBER- <br />OPTIC AND WIRELESS BROADBAND <br />NETWORK CONSULTING SERVICES <br />(PROJECT NO. 18-6065) <br />(NON -GENERAL FUND) <br />/s/ Kristine <br />CITY MANAGER <br />CLERK OF COUNCIL USE ONLY: <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 1 s' Reading <br />❑ Ordinance on 2n1 Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />RECOMMENDED ACTION <br />1. Approve an appropriation adjustment recognizing the remaining balance of the loan proceeds <br />with the trustee in the amount of $1,475,047 into the Capital Outlay, Miscellaneous Revenue, <br />Prior Year Carry Forward revenue account, and appropriating the same amount into the Capital <br />Outlay, Streetlights, Improvements Other Than Building expenditure account. <br />2. Authorize the City Manager to execute an amendment to the agreement with Magellan Advisors <br />LLC to increase the contract amount by $36,685, which includes a $33,350 project fee and a <br />10% contingency of $3,335 for a total contract amount not to exceed $261,685, for the <br />remaining term of the agreement from November 17, 2020 to April 2, 2021, with two one-year <br />extensions exercisable by the City Manager and the City Attorney, to provide citywide fiber- <br />optic and wireless broadband network consulting services subject to non -substantive changes <br />approved by the City Manager and the City Attorney. <br />DISCUSSION <br />On April 3, 2018, the City Council approved the purchase of streetlights from Southern California <br />Edison along with a financing agreement for the purchase in the amount of $7,052,662 through <br />Holman Capital Corporation (Holman). Purchasing the streetlights provided the City the opportunity <br />to meter and upgrade the streetlights from High Pressure Sodium (HPS) light fixtures to energy <br />efficient Light Emitting Diode (LED) fixtures. The City was able to leverage the substantial energy <br />cost savings from the light fixture upgrades to fund the repayment of the loan, upgrade the <br />streetlights, install streetlights in under lit areas, and evaluate the City for a fiber -optics and wireless <br />network. <br />There is a remaining balance of $1,475,047 which staff seeks to appropriate to complete the light <br />fixture upgrades and the purchase of the final streetlights. Additionally, staff seeks to utilize a <br />portion of the appropriation to increase the capacity of the Citywide Fiber-optic Broadband Network <br />20A-1 <br />
The URL can be used to link to this page
Your browser does not support the video tag.