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South Charleston council authorizes assignment agreement to advance sale negotiations for SecurNet
Summary
The South Charleston City Council approved a resolution authorizing the mayor to execute an assignment agreement between West Virginia Airnet, doing business as SecurNet LLC, and Ambridge Infrastructure Corporation to allow continued negotiations over a proposed sale of SecurNet’s business operations, Mayor Mullins said at the meeting.
The South Charleston City Council approved a resolution authorizing the mayor to execute an assignment agreement between West Virginia Airnet, doing business as SecurNet LLC, and Ambridge Infrastructure Corporation to allow continued negotiations over a proposed sale of SecurNet’s business operations, Mayor Mullins said at the meeting.
Council members were told the action preserves the city’s existing agreement with SecurNet and gives the city “a seat at the table” in future negotiations, but does not transfer city-owned fiber or equipment, Mullins said. “It’s not the sale of our equipment. It’s not our backbone…
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