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HomeMy WebLinkAbout6 Sale of Conduits A UCKEE DONNERJ Public UtilitV District a Staff Report To: Board of Directors From: Alan Harry, Director of Telecommunications Services Date: January 31, 2003 Subject: Broadband business planning—consideration of a contract for the sale of conduits Summary Aggregate Networks has been in negotiations with Touch America for the sale of District owned conduit and has successfully reached an agreement suitable for Board review and action. History On October Ie, 2002, the District Board directed General Manager Holzmeister to enter into a Brokerage Agreement with Aggregate Networks for the sale of District owed conduit. As part of the Williams Communication project, completed approximately two years ago, the District was to receive 16.5 miles of two 2" conduits. In May of last year the District received a Bill of Sale from Williams, deeding over the conduit to the District. New Information At your regular meeting of February 5th, Aggregate Networks' Lawrence Lewis will provide the Board with a document detailing the aspects of the negotiated agreement, and a report detailing the evaluation of the conduits value and the value of Touch America's offer. This item does require Board action in the form of approving or disapproving the negotiated agreement. 0 Page 1 Attached find "Deliverables and Schedules Extending Aggregate Networks' Engagement with Truckee Donner PUD"for your review. Staff is in the process of finalizing the extension and amendment to the existing consulting agreement with Aggregate Networks. It is estimated that it will be completed no later than Tuesday, February 0, and delivered to Board members that afternoon. 0 Page 2