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- • : 3 <br /> EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET <br /> PROJECT TITLE: <br /> Initialed by: <br /> AN ORDINANCE CONSENTING TO TRANSFER OF Department Head fL�_ <br /> TELECOMMUNICATIONS FRANCHISE FROM CAA <br /> ADVANCED TELCOM, INC., DBA ADVANCED Council President <br /> TELCOM GROUP,TO GE BUSINESS PRODUCTIVITY <br /> SOLUTIONS <br /> LOCATION: �ft.-� <br /> COUNCIL BILL# ( 1 �, �( <br /> City of Everett Originating Department Legal <br /> Contact Person Peter Camp <br /> Phone Number X8624 <br /> FOR AGENDA OF 3/19/03,3/26/03 <br /> Preceding Action: <br /> Consent 3/26/03 Second Reading <br /> March 15, 2001 Ord. No. 2510-01 Action 3/26/03 Third Reading <br /> (granting franchise) 3/19/02 First Reading Public Hearing <br /> November 27, 2002 Ord. No. 2660-02 <br /> (consenting to transfer) <br /> Attachments: Proposed Ordinance Department(s) Approval (Identify): Legal <br /> Council approval of this agenda item authorized a budget revision to be prepared in the additional amount <br /> requested. <br /> Expenditure Required $-0- Account Number(s): <br /> Amount Budgeted $-0- <br /> Additional Required $-0- <br /> SUMMARY STATEMENT: <br /> Advanced Telcom filed for reorganization in bankruptcy. GE Business Productivity Solutions, a subsidiary of the <br /> General Electric Company, desires to purchase the franchise in the bankruptcy court proceedings. Failure to approve <br /> the franchise would likely result in diminished competition for telecommunication services in the City. Council <br /> previously approved the transfer,but completion of the transfer from ATGI to GE was delayed. Because the prior <br /> ordinance consenting to the transfer expired, a new ordinance consenting to the transfer is required. <br /> RECOIVIIVIENDATION (Exact action requested of Council): <br /> ADOPT AN ORDINANCE CONSENTING TO TRANSFER OF A TELECOMMUNICATIONS FRANCHISE FROM ADVANCED <br /> TELCOM, INC., DBA ADVANCED TELCOM GROUP, TO GE BUSINESS PRODUCTIVITY SOLUTIONS <br />