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File #: 0274-23    Version: 1 Name: Columbia Gas of KY- Utility Franchise Agreement Renewal
Type: Resolution Status: Approved
File created: 3/3/2023 In control: Urban County Council
On agenda: 3/23/2023 Final action: 3/23/2023
Enactment date: 3/23/2023 Enactment #: R-171-2023
Title: A Resolution renewing the Franchise Agreement with Columbia Gas of Ky., Inc., for a final additional term of five years pursuant to the provisions of Ordinance No. 34-2013 as amended by Ordinance No. 95-2013, and authorizing and directing the Mayor, on behalf of the Urban County Government, to execute any necessary documents related to the renewal. [Dept. of General Services, Ford]
Attachments: 1. Memo- Franchise Renewal - Columbia Gas.pdf, 2. Columbia Gas Franchise Renewal.pdf, 3. 00776466.pdf, 4. R-171-2023, 5. Contract #068-2023

Title

A Resolution renewing the Franchise Agreement with Columbia Gas of Ky., Inc., for a final additional term of five years pursuant to the provisions of Ordinance No. 34-2013 as amended by Ordinance No. 95-2013, and authorizing and directing the Mayor, on behalf of the Urban County Government, to execute any necessary documents related to the renewal. [Dept. of General Services, Ford]

 

Summary

Authorization to renew the utility franchise Agreement with Columbia Gas of Kentucky for an additional 5 years, through April 11, 2028. The franchise Ordinance provided for an initial 5-year term with two additional renewal options of 5 years each; this will be the second option to renew. Columbia Gas will reimburse LFUCG for its costs associated with the audit. No Budgetary impact. (L0274-23) (Ford)

 

Budgetary Implications [select]: No

There is no Budgetary impact to LFUCG in the current or future fiscal years. The franchise Agreement does require payment of associated franchise fees by the utility.  

 

Advance Document Review:

Law: {Yes, Completed by David Barberie}

Risk Management:  No

Body

BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:

                     Section 1 - That the franchise Agreement with Columbia Gas of Kentucky, Inc., be and hereby is renewed for a final additional term of five years beyond its current expiration date pursuant to the provisions of Ordinance No. 34-2013, as amended by Ordinance No. 95-2013, and the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to execute any necessary documents related to the renewal.

                     Section 2 - That this Resolution shall become effective on the date of its passage.

                     PASSED URBAN COUNTY COUNCIL:

 

 

 

 

                                                                                                                              ________________________________

                                                                                                                              MAYOR

 

ATTEST:

 

________________________________

CLERK OF URBAN COUNTY COUNCIL

0274-23:GET:X:\Cases\GENERAL\23-LE0001\LEG\00776466.DOC