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<br />Council Agenda Item Cover <br /> <br />________________________________________ <br />MEETING DATE: <br /> January 15, 2008 <br />AGENDA ITEM TITLE: <br /> Sprint Nextel Settlement <br />AGENDA SECTION: <br /> New Business <br />CAN THIS ITEM BE RESCHEDULED? : <br />No <br />BACKGROUND REVIEW: <br />Two Sprint Nextel settlement approval bills are attached. One bill contains an <br />assignment to the St. Louis County Municipal League and the other bill does not. <br />The maximum assignment permitted under the settlement is $40,834, which is <br />5% of the $816,680.50 in back taxes to be paid by Sprint Nextel. <br />The Sprint Nextel settlement approval deadline is March 10, 2008. The <br />completed claim form, with the required documents, including a settlement <br />approval ordinance, must be returned to Sprint Nextel with a postmark date no <br />later than March 10, 2008. In order to meet the required deadlines, a bill must be <br />introduced this evening. <br />RECOMMENDATION: <br />Staff is in full agreement with the settlement. The <br />Municipal League contribution is fully at Council’s discretion. The first (a) <br />ordinance reflects the contribution, the second marked as (b) does not. <br /> <br />