HomeMy WebLinkAbout14 Power Point District Long Haul Fiber Asset
Action Item # 14 December 7, 2011 District Long Haul Fiber Asset
District Long Haul Fiber Asset 2 assetlong haul fiber asset and the status of the efforts to sell this Board meeting that provided and update on the District’s A Workshop was presented
at the November 16, 2011 •Background / History
New Information District Long Haul Fiber Asset 3 SacramentoLightwave, LLC (ELI) at specified locations in Reno and AT&T agreed to provision the fiber strands to Electric –rights, privileges
and obligationsAT&T consented to the District’s assignment of all of its –AT&T and the District Settlement Agreement•AT&T and the District agreed to mediate the dispute–Sacramento location
was about 2,500 feet off –Reno location was about 50 feet off–fiber in Reno and Sacramento points of the dark -regarding the proper location of the endA dispute arose over the agreements
-AT&T dispute •
New Information District Long Haul Fiber Asset 4 and the DistrictELI assumes the Dark Fiber IRU Agreement between AT&T –District agrees to transfer all interest in LHF to ELI–District
and ELIAssignment and Assumption Agreement between the •collocationELI agrees to comply with all of AT&T’s requirements for –Agreementsrights, privileges and obligations under the AT&T/District
ELI has agreed to accept the assignment and assume all –
Fiscal Impact District Long Haul Fiber Asset 5 and the Assignment and Assumption AgreementDistrict Counsel has reviewed the Settlement Agreement •Present value of the avoided cost is
$123,368–$1,100,000 lump sum payment–$1,223,368The total value of this transaction to the District is •
Recommendation District Long Haul Fiber Asset 6 form presented and approved by District Counseland Truckee Donner Public Utility District in substantially the Assumption Agreement between
Electric Lightwave, LLC Authorize the Board President to sign the Assignment and •presented and approved by District CounselPublic Utility District and AT&T in substantially the form
Agreement and Mutual Release between Truckee Donner Authorize the Board President to sign the Settlement •