SUBJECT: Acceptance of a One-Time Payment of $2,250 for the Initial Fifteen (15) Year Conduit Lease of 50 Linear Feet on Canal Street from CVIN, LLC dba VAST NETWORKS, a Competitive Local Exchange Carrier with the Option to Renew the Contract in 5 Year Increments REPORT IN BRIEF Considers entering into a fifteen (15) year conduit lease agreement to CVIN, LLC dba VAST NETWORKS, a Competitive Local Exchange Carrier with the option to renew the contract in 5-year increments and the acceptance of a one-time payment in the amount of $2,250. RECOMMENDATION City Council - Adopt a motion: A. Approving the lease agreement with CVIN, LLC dba VAST NETWORKS; and, B. Increasing the revenue budget in account 672-0403-360-01-01 by $2,250 and appropriating the same to account 672-0403-512-29-00; and, C. Authorizing the City Manager or the Assistant City Manager to execute the necessary documents.

What this record is

Held by

CVIN, LLC 3 records across this site

Amount

$2K

Runs until

no end date published in this record

Type

contract

Field

Technology

Read automatically from the title of the official record. The source document below is authoritative.

CVIN, LLC also holds

SUBJECT: Approval of a Zero Dollar In-Kind Telecommunications Conduit Trade Agreement Between CVIN, LLC D.B.A. Vast Networks and the City of Merced fo… Merced, CA SUBJECT: Approval of a Fifteen (15) Year Conduit Lease Agreement for the Expansion of Telecommunication Services for the City and CVIN, LLC dba VAST N… Merced, CA

Committee

City Council/Public Finance and Economic Development Authority/Parking Authority

Requested by

Information Technology Department

Introduced

October 3, 2019

On agenda

November 4, 2019

Passed

November 4, 2019