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HomeMy WebLinkAbout12/18/2024 4F AGENDA BILL CITY OF BREMERTON 4F CITY COUNCIL SUBJECT:Study SessionDate: December 11, 2024 OrdinanceNo. 5504togrant renewal of COUNCIL MEETING Date: December 18, 2024 Telecommunications Franchise with Department: Finance Comcast Cable Communications Presenter: ColleenMiko Management, LLC Phone: (360) 473-5014 SUMMARY:The current Comcast Franchise expired May 17, 2024. The proposed ordinance grants an extension of the franchise to Comcast for a term of ten years through 2034. ATTACHMENTS:Ordinance No. 5504 FISCAL IMPACTS(Include Budgeted Amount): Franchise Fees annually of $297,202and an annual PEG fee in the amount of $43,853 to fund BKAT Capital items. STUDY SESSION ACTION:Consent Agenda General Business Public Hearing RECOMMENDED MOTION: Move to pass Ordinance No.5504togrant renewal of Telecommunications Franchise with Comcast Cable Communications Management, LLC;and authorize the Mayorto finalize and execute the agreement with substantially the same terms and conditions as presented. COUNCIL ACTION: Approve Deny Table Continue No Action Form Updated 04/19/2024