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HomeMy WebLinkAboutAM ATT Duct Bank Agreement Town of Westlake Memo To: Honorable Mayor and Members of the Board of Aldermen All From: Trent Petty Subject: Regular Meetin of July 14, 2003 Date: July 9, 2003 ITEM Consider a resolution authorizing the Town manager to enter in to a contract with TCG Dallas (ATT) for their inclusion in the Town of Westlake's Duct Bank system. RECOMMENDATIONS Staff recommends approval. BACKGROUND ATT approached the Town with interest in leasing a portion of the Town's Duct Bank system. The portion of the system that will be leased under this contract roughly connects 114 down the proposed 1938 along Kirkwood to Sam School and across Kirkwood Branch. A map of the location is attached. The initial term of the contract is for 20 years with ATT agreeing to pay this year for the lease upfront. This will be a payment of$163,711.55.