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2012-27 CONTINUING CONTRACT AGREEMENT TASK AUTHORIZATION NO. 2 BETWEEN MAGELLAN ADVISORS, LLC. AND THE CITY OF CLERMONT, FLORIDA This Task Authorization is by and between MAGELLAN ADVISORS, LLC., 1111 LINCOLN RD , 4 111 FLOOR, MIAMI BEACH, FL, hereinafter referred to as "CONSULTANT" and the CITY OF CLERMONT, hereinafter referred to as "CITY 1. This Task Authorization expressly modifies the Continuing Contract Agreement between the CONSULTANT and the CITY dated August 9, 2011 and in the event of a conflict, the terms and conditions of this Task Authorization shall prevail 2. In addition to all other terms and conditions contained in the Agreement, the CONSULTANT shall provide Broadband Technical and Financial Planning services as noted in the attached description of services dated April 3, 2012 In consideration for, and upon, the satisfactory completion of said services, the CITY shall pay the CONSULTANT the amount set forth in the attached Task Authorization 3 The CONSULTANT shall complete the services to be provided within sixty (60) calendar days of the date the Task Authorization is approved. IN WITNESS WHEREOF, the parties hereto have made and executed this Agreement for the purposes herein expressed on the dates set forth below. CITY • CLE r 1 O ► Attest 4111W-., AO' Harold Turville, Jr , Mayor Tracy M . , ity lerk -- Date (flcu 4 8; „oi c.;.. - '1 / w MAGELLAN ADVISORS, LLC. By: C �/ – • nature orporat Secretary ./ %; hn Prr:7 .d (Name/Title Printed or Typed) (Name Printed o yped) Date: O 4 /2A/ 12 — 4 -24 -12 Mage / /an_ ADVISORS 1000 South Pointe Drive #405 Miami Beach, FL 33139 O 786 208 8952 F 786 524 2214 E infolOmagellan- advisors com W www magellan- advisors com April 3, 2012 RE Task Authonzation, City of Clermont Broadband Planning Project. City of Clermont — Broadband Technical and Financial Planning Scope: Broadband Technical Plan The broadband technical plan will provide a conceptual technical design of the municipal network, including outside plant, inside plant, last -mile, backbone, equipment and network management. This section will also identify any gaps in the current network from the network assessment and recommend necessary build -out, retrofit and/or conversions Different technologies and architectures will be identified to suit existing and future needs Any costs of network expansion and adaptation will be represented in the financial sections of the plan Broadband Financial Plan The financial plan will determine the viability and financial aspects of a municipal broadband project to allow City leaders to make informed decisions about if and how to invest in municipal broadband We provide all financial components relative to the broadband entity for the penod (10 years), including capital and operational budgeting for construction and operation of the network, as well as financial analysis for payback and return on investment Deliverables: -The City of Clermont Broadband Technical and Financial Plan - Electronic and paper delivery of the plan - Onsite meetings and conference calls as needed to complete the planning sections - Presentation of sections to City of Clermont project representatives -A forward - looking document to determine next steps in the project Cost: $12,500