File #: ID#16-3119    Version: 1 Name: City of Largo Franchise Agreement
Type: Action Item Status: Passed
File created: 12/22/2016 In control: Gas System
On agenda: 1/19/2017 Final action: 1/19/2017
Title: Approve an Interlocal Agreement/Franchise with the City of Largo in order to continue to provide natural gas service to the citizens of Largo and adopt Resolution 17-03.
Attachments: 1. Resolution # 17-03 for Largo Gas Franchise Agreement.pdf, 2. Largo Ordinance 2017-20 - Clearwater Gas System.pdf

SUBJECT/RECOMMENDATION:

Title

Approve an Interlocal Agreement/Franchise with the City of Largo in order to continue to provide natural gas service to the citizens of Largo and adopt Resolution 17-03.

 

Body

SUMMARY: 

On December 6, 2016, the City of Largo Commission approved an Interlocal Agreement with the City of Clearwater, which provides a franchise for Clearwater Gas System to continue to provide natural gas service in Largo.

 

The Clearwater Gas System has provided service within the City of Largo for the past 45 years under prior franchise agreements.

 

The effective date shall be the 1st day of the following month after the Interlocal Agreement is approved by the City of Clearwater.  The Agreement provides the City of Clearwater a 15-year non-exclusive right to continue to construct, operate and maintain all facilities necessary to supply natural gas to the City of Largo.  The agreement also provides for renewal options, which may be extended for an additional 15 years.

 

The Interlocal Agreement provides for a 6% franchise fee to be paid by the consumers of natural gas within the City of Largo.  The prior franchise fee was 6%.

 

APPROPRIATION CODE AND AMOUNT:

N/A

 

USE OF RESERVE FUNDS:  N/A