Resolution 1234RESOLUTION NO. 1234
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
EDMONDS, WASHINGTON IN SUPPORT OF CONTINUED
DEVELOPMENT OF FIBER OPTIC OPPORTUNITIES AS A
SOURCE OF CITY REVENUE.
WHEREAS, the Edmonds City Council has made economic development one of its top
priorities; and
WHEREAS, the City Council of Edmonds desires to find appropriate ways to maintain
existing businesses, attract new businesses and industries, and find new sources of and increase
city revenues; and
WHEREAS the City of Edmonds has a unique fiber optic resource that is available, both
physically and legally, for the City to rent, lease or otherwise make available to both public and
private customers for a fee; and
WHEREAS such action on the part of the City has the potential to develop significant
revenue for the City of Edmonds; and
WHEREAS the City Council of Edmonds adopted Ordinance 3735 on June 2, 2009
establishing the City of Edmonds Economic Development Commission and that Commission has
endorsed moving forward immediately with the development of such revenue; and
WHEREAS the City Council of Edmonds adopted Resolution 1224 expressing support to
initiate a business/marketing plan for the City -owned fiber optic network;
NOW THEREFORE BE IT RESOLVED that the Edmonds City Council approves
continuing moving forward with development of fiber optic related revenue development.
Specifically, the Council approves continuing consideration of contracts with both public and
private entities to provide fiber optic service subject to the following constraints:
1. Any resultant contract shall include provisions for renegotiation under mutually acceptable
terms.
2. A project plan shall be developed on a case by case basis prior to City acceptance of any
contract.
3. The administration shall provide quarterly reports to the Finance Committee.
4. It will be the policy of the City of Edmonds to review any legitimate contract or opportunity
that serves the interest of the citizenry of Edmonds.
RESOLVED this 24" day of August, 2010.
APPROVED:
MAY OR,MIKE C0090CR
ATTEST/AUTHENTICATED :
/ & � &w
CITY CLERK, SANDRA S. CHASE
FILED WITH THE CITY CLERK: 08-20-2010
PASSED BY THE CITY COUNCIL: 08-24-2010
RESOLUTION NO. 1234