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CC - (1) Approval of a Term Sheet with Ting Fiber, Inc. for a Citywide Fiber-Optic Network; and (2) Authorization to the City Manager to Negotiate Related Agreements Consistent with Such Term Sheet.
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Meeting Date: November 9, 2020
Contact Person/Dept: Jesse Mays, Assistant City Manager/ City Manager's Office
Phone Number: (310) 253-6000
Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X]
Public Hearing: [] Action Item: [X] Attachments: [X]
Commission Action Required: Yes [] No [X] Date:
Public Notification: (E-Mail) Meetings and Agendas - City Council (11/04/2020); Municipal Fiber Network (11/04/2020)
Department Approval: John Nachbar, City Manager (11/03/2020)
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RECOMMENDATION
Staff recommends the City Council (1) approve a term sheet with Ting Fiber, Inc. ("Ting") to construct, own and operate a citywide fiber-optic network in the City's public right-of-way; and (2) authorize the City Manager to negotiate and execute related agreements consistent with such term sheet.
BACKGROUND
Ting is owned by Tucows, Inc., a publicly traded internet services and telecommunications company headquartered in Toronto, Ontario, Canada. Originally a wireless company, Ting's first partnership with a city to provide a fiber network began in Westminster, MD in 2015. Ting now operates fiber networks in seven cities nationwide: Centennial, CO, Charlottesville, VA, Fullerton, CA, Fuquay-Varina, NC, Holly Springs, NC, Sandpoint, ID, and Westminster, MD, and is in the process of completing fiber networks in four other cities: Roaring Fork, CO, Rolesville, NC, Solana Beach, CA, and Wake Forest, NC. Ting currently provides 1GB of residential service (1000MB upload and download speed) for $89/month.
DISCUSSION
Ting has proposed to construct and operate a citywide fiber-optic network in the City's public right-of-way. The network would provid...
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