Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute the Settlement Agreement with CMN-RUS, LLC f/k/a CMN-RUS, Inc. For early termination of its non-exclusive cable franchise, at no cost to the Urban County Government; and further authorizing the early termination of the non-exclusive cable franchise of CMN-RUS, LLC f/k/a CMN-RUS, Inc., effective March 11, 2025, pursuant to, and contingent upon compliance with, the terms of the settlement Agreement. [Dept. of General Services, Ford]
Summary
Authorization to execute a settlement Agreement with CMN-RUS, LLC (dba MetroNet) for the early termination of a non-exclusive cable franchise Agreement. As part of the settlement, LFUCG will receive $20,000 for legal costs and publication expenses. MetroNet will install fiber at its sole expense at 7 LFUCG locations. (L0167-25)(Ford)
Budgetary Implications: N/A
Advance Document Review:
Law: Yes, Completed by Evan P. Thompson, 2/7/2025
Risk Management: No
Fully Budgeted: N/A
Account Number:
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance:
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to execute the Settlement Agreement, which is attached hereto and incorporated herein by reference, with CMN-RUS, LLC f/k/a CMN-RUS, Inc., for early termination of its non-exclusive cable franchise.
Section 2 - That, the early termination of the non-exclusive cable franchise of CMN-RUS, LLC f/k/a CMN-RUS, Inc. be and hereby is authorized, effective March 11, 2025, pursuant to, and contingent upon compliance by CMN-RUS, LLC f/k/a CMN-RUS, Inc. with, the terms of the Settlement Agreement.
Section 3 - This Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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