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jqUINAKE 2019 -73 AN ORDINANCE ACCEPTING THE BID SUBMITTED BY CELLCO PARTNERSHIP D /B /A VERIZON WIRELESS FOR A NON - EXCLUSVIVE WIRELESS FACILITIES FRANCHISE AGREEMENT HAVING A TERM OF TEN YEARS WITH UP TO THREE RENEWAL TERMS OF FIVE YEARS EACH AUTHORIZING THE PLACEMENT OF WIRELESS FACILITIES WITHIN THE CITY'S PUBLIC WAYS. WHEREAS, pursuant to the provisions of Section 15.2 -2100, et seq., of the Code of Virginia of 1950, as amended, the City of Portsmouth has invited bids for a Non - Exclusive Wireless Facilities Franchise Agreement having a term of ten years with up to three renewal terms of five years each authorizing the placement of Wireless Facilities within the city's public ways; and WHEREAS, the requirements of Sections 15.2 -2101 and 15.2 -2102 of the Code of Virginia, 1950, as amended, have been met and the Council has carefully considered all bids submitted; BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: 1. That Cellco Partnership d/b /a Verizon Wireless being the highest responsible bidder, its bid for a Non - Exclusive Wireless Facilities Franchise Agreement having a term of ten years with up to three renewal terms of five years each is hereby accepted. 2. That in accordance with Section 15.2 -2104 of the Code of Virginia, 1950, as amended, the Council has determined that a bond in the amount required by Section 32 -59(c) of the City Code shall be executed in favor of the City of Portsmouth by Cellco Partnership d/b /a Verizon Wireless. 3. That the City Manager is authorized to execute a Non - Exclusive Wireless Facilities Franchise Agreement in substantially the form set forth in Exhibit A hereto (the "Agreement ") on behalf of the City of Portsmouth and to do all things necessary and proper to carry out its terms. 4. That any and all rights granted to Cellco Partnership d/b /a Verizon Wireless hereunder shall be of no force or effect until the Agreement has been fully executed. 5. That this ordinance shall take effect on the date of its adoption. ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held on October 22, 2019. Teste: City Clerk