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Town attorney reports a prospective fiber installer and franchise agreement option
Summary
Town attorney Graham Arnold told aldermen a New Orleans company plans to install fiber in Clinton and that the town may enter a franchise agreement permitting use of town servitudes and collecting fees as a percentage of collections.
Town attorney Graham Arnold told the board on Sept. 9 that a company from New Orleans plans to install fiber in Clinton and that the town may enter a franchise agreement authorizing the company to use town servitudes to lay cable.
Arnold said franchise agreements are typically structured as a percentage of collections and are authorized by the state revised statutes. The board received the report and accepted the attorney’s update; the minutes do not record any contractual terms or a formal vote to enter an agreement at this meeting.
Minutes: Attorney report accepted; further negotiation and documentation expected before any franchise agreement is executed.
