Explanation
BACKGROUND:
Previously ordinance 1297-2009 passed by City Council October 5, 2009 authorized the Director of the Department of Technology to enter into a contract with James H. Hyland, III to acquire the rights and interests in one (1) fiber-optic conduit, which is to be populated with seventy-two (72) strand single mode fiber optic cable and authorized the expenditure of $250,000.00 from the Department of Technology Capital Improvement Fund - Fiber Project.
This ordinance authorizes and directs the Director of the Department of Technology, on behalf of the City of Columbus to modify the existing contract of Sub-Indefeasible Rights of Use (IRU) with James H. Hyland, III to increase funds by $775,000.00 to acquire the remaining portion of the rights and interests in one (1) fiber-optic conduit contained within the duct bank system known as Citynet (7.5 miles), which is to be populated with seventy-two (72) strand single mode fiber optic cable and is located within the downtown business district of the City of Columbus. Funds for this portion of the acquisition were not available until the August 2010 bond sale.
Columbus City Council continues to work with the Department of Technology in conjunction with the Department of Development to utilize the conduit and fiber as an economic development asset that can be integrated into an overall strategy to assist current businesses and attract new ones. The conduit and fiber will be used as an economic development incentive to bring high-tech companies to Columbus by providing an existing "telecommunications pathway" within the City's business district, allowing these prospective businesses to avoid the costs associated with constructing their own conduits.
The Department of Technology will also utilize the conduit and fiber to further build out the City of Columbus' existing fiber-optic network, while making the network more robust and redundant. Acquisition of these conduits and fiber wi...
Click here for full text