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Committee approves franchise agreement permitting GulfCo (Unity subsidiary) to operate in city right-of-way with 5% franchise payments
Summary
The committee approved a franchise agreement for Unity Fiber's subsidiary GulfCo to operate in the city's right-of-way, with standard notice, repair and contact requirements and a 5% franchise payment on gross revenues; staff and the company's counsel said no immediate buildout is planned.
The committee approved a standard franchise agreement with GulfCo (a Unity subsidiary) governing the company's use of the city's right-of-way for fiber-optic broadband services.
Chris (city staff) described the agreement as the city's standard franchise that "controls how much they owe us" and sets…
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