Dept/ Agency: Engineering Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Street Use Agreement Purpose: An Agreement to occupy streets for the purpose of installing wireless and wireline facilities. Entity Name: NY Fiber 1, LLC Entity Address: 835 Low Country Boulevard, Suite A, Mt. Pleasant, South Carolina 29464 Contract Amount: As defined within the Street Use Agreement Funding Source: No municipal funds required Contract Period: Ten (10) years from the effective date of the Street Use Agreement and may be renewed at the Company’s request for two (2) additional five (5) year terms, unless properly terminated by either party in the manner set forth in the Agreement Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a Additional Information: This Street Use Agreement will provide services as defined in greater detail within the Agreement. The contract amount shall be a one-time fee of $5,000.00 and a $2.50 per total linear foot installed for the term of the Agreement.