FINANCIAL_SERVICESPENDING

City of Trussville Agenda Packet 2026-05-21

Brightspeed to Pay 5% Gross-Revenue Franchise Fee

5% of annual Gross Revenues from qualifying telecommunications services within the franchise areaCity of TrussvilleBRIGHTSPEED OF ALABAMA INC F/K/A CENTURYTEL OF ALABAMA LLCMay 21, 2026

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Description

Under the proposed franchise ordinance, Brightspeed of Alabama, Inc f/k/a CenturyTel of Alabama, LLC will pay the City of Trussville a 5% gross‑revenue franchise fee on certain telecommunications services. The fee is payable quarterly with audit provisions and late‑payment penalties for the life of the franchise.

Contract Details

Contract Amount

5% of annual Gross Revenues from qualifying telecommunications services within the franchise area

Vendor

BRIGHTSPEED OF ALABAMA INC F/K/A CENTURYTEL OF ALABAMA LLC

Agency

City of Trussville, AL

Contract Type

FINANCIAL_SERVICES

Document Date

May 21, 2026

Contract Term

Quarterly franchise fee payments within 45 days after each calendar quarter end, for duration of franchise

Renewal Info

Franchise fee obligation continues for the duration of the franchise, including any renewal term. City may audit books for the prior three years and recover audit costs if underpayment exceeds 5%.

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