Item Coversheet

*5.A.2.


Shakopee City Council
November 6, 2019


FROM:Nate Burkett, Assistant City Administrator
TO:Mayor and Council Members
Subject:
Settlement Agreement with CenturyLink for underpaid franchise fees.
Policy/Action Requested:
Approve settlement agreement and release of claims with CenturyLink in the amount of $18,236.44 for underpaid franchise fees.
Recommendation:
Approve Policy/Action Requested
Discussion:

The City of Shakopee participated with several other cities in a joint audit of franchise fees collected from CenturyLink. The audit was conducted by Ashpaugh & Sculco, CPAs. The City's franchise attorney, Brian Grogan of Moss and Barnett, representing multiple cities, has negotiated a settlement agreement with CenturyLink to recover underpaid franchise fees.

 

The terms of this agreement include payment to the city in the amount of $18,236.44, which is the entire amount identified by the audit. In return, the city agrees to release claims related to underpayment of franchise fees against CenturyLink. 

Budget Impact:
Revenues of $18,236.44.
ATTACHMENTS:
Description
Settlement Agreement