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2022-12-02 Broadband Revenue Share Expenditure Policy PITTSYLVANIA COUNTY BOARD OF SUPERVISORS RESOLUTION # 2022-12-02 BROADBAND REVENUE SHARE EXPENDITURE POLICY VIRGINIA: At the Pittsylvania County Board of Supervisors' ("Board") Business Meeting on Tuesday, December 20, 2022, in the Board Meeting Room, the following Resolution was presented and adopted: WHEREAS, the Board is currently participating in a high-speed internet (broadband) infrastructure expansion project that involves revenue sharing from the service provider to the Board; WHEREAS, the Board may engage in future broadband or related technology infrastructure expansion projects that include revenue sharing between the service provider and the Board; WHEREAS, due to the above, the proceeds from current and future broadband-related revenue sharing agreements shall be earmarked for future community broadband/high-speed internet or equivalent technology expansion and/or improvement projects, in which a"broadband revenue sharing" fund will be created. The allocation of said broadband revenue sharing funds shall be distributed to service providers in manner that is commensurate with the revenue previously shared by the provider to date, assuming the provider is offering reliable, high-quality service to County customers and can provide the services sought by the County for the upcoming community broadband-related project being considered. The award of future broadband-related service contracts must comply with all procurement laws and regulations. NOW, THEREFORE,BE IT RESOLVED,that the Board does hereby agree to create a broadband revenue sharing fund upon receipt of shared proceeds from service providers and agrees to allocate funds in accordance with the terms of this resolution. Given under my hand this 20th day of De ber, 022. N.,- - _ _ Will V. "Vic' ngram(Chairman) Pittsylvania County Board of Supervisors Tfltap-1-14J- , J. Vaden Hunt, Esq. Interim County Administrator/County Attorney Pittsylvania County Board of Supervisors