Okaloosa County BOCC — June 2, 2015 — Request approval of the consent for American Tower to Ground Lease — agenda request
Request approval of the consent for American Tower to Ground Lease — agenda request in the June 2, 2015 Okaloosa County BOCC meeting materials. Preserved county-portal original with machine-extracted reading text.
Preserved among the June 2, 2015 Okaloosa County Board of County Commissioners meeting materials (IQM2 meeting 1262). The date shown is the verified meeting context, not an independently established creation date for every attachment. The download catalog used ; the meeting date was corrected using the agenda/minutes heading and matching source filename.
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Action Item Printout
Date
June 2, 2015
Publisher
Okaloosa County Board of County Commissioners
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2
Reference collection
Okaloosa County Board of County Commissioners (IQM2 public portal)
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Request approval of the consent for American Tower to Ground Lease — agenda request — extracted reading text
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Request approval of the consent for American Tower to Ground Lease — agenda request — extracted reading text
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BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
DATE: June 2, 2015
TO: Honorable Chairman and Members of the Board
FROM: Zan Fedorak
SUBJECT: Request approval of the consent for American Tower to Ground Lease
Sublease and Leaseback
DEPARTMENT: Purchasing
BCC DISTRICT: 2
STATEMENT OF ISSUE: Request approval of the consent for American Tower to Ground
Lease Sublease and Leaseback a portion of a cell tower lease from Verizon Wireless at 1250
Eglin Parkway, Shalimar. (L01-0209-WS) (District: 2)
BACKGROUND & ANALYSIS: On February 5, 2015, Verizon Communications, Inc.
(Verizon) entered into an agreement with American Tower Corporation (ATC) regarding a
portion of Verizon’s tower portfolio including the right for the ATC to manage and operate the
portfolio. Okaloosa County’s Ground Lease (C01-0209-WS) and the site associated with the
Ground Lease are part of the tower portfolio. Section 10 of the existing lease (C01-0209-WS)
language authorizes a sublease with the County’s consent. ATC has submitted a letter requesting
consent by the County of the Ground Lease Sublease and Leaseback. The property/tower is
located just to the west of the Shalimar Administration Building site. The existing lease is for a
cellular radio transmission tower for the purpose of an emergency telecommunications antenna.
ATC is not a wireless carrier and will not be adding any equipment to the tower. ATC is simply
managing and operating the existing tower and no other companies are involved in this specific
transaction. The sublease/leaseback language applies only to ATC and Verizon. ATC is
subleasing the tower site from Verizon and leasing back to Verizon the portion of the tower and
surrounding grounds that Verizon already uses. ATC is not receiving additional revenue by
allowing a third party to lease space on the existing tower or grounds. Based on the terms of the
lease, ATC would need to obtain the Board's consent before adding any third parties to the
tower.
The letter states that ATC and Verizon had expected the initial transactions to close on or before
May 1, 2015 however staff has received confirmation that they did not proceed and are awaiting
the consent from the County. Staff requests Board authorization for the Chairman to sign the
consent letter.
OPTIONS: Approve/Deny the American Tower ground lease sublease and leaseback from
Verizon Wireless and authorize the Chairman to sign the consent letter.
RECOMMENDATION: Staff recommends approval of the American Tower ground lease
sublease and leaseback from Verizon Wireless and authorization for the Chairman to sign the
consent letter.
RECOMMENDED BY:
APPROVED BY:
John Hofstad, County Administrator
Okaloosa County Board of County Commissioners. “Okaloosa County BOCC — June 2, 2015 — Request approval of the consent for American Tower to Ground Lease — agenda request.” June 2, 2015. Action Item Printout. Crypt of Echoes evidence ID LED-2026-1b006bf44f744d50936d6ed37592c8eb. http://127.0.0.1:58097/evidence/LED-2026-1b006bf44f744d50936d6ed37592c8eb. Accessed [date].
Catalogue citation: Okaloosa County Board of County Commissioners, Request approval of the consent for American Tower to Ground Lease — agenda request, meeting materials for June 2, 2015. https://okaloosacountyfl.iqm2.com/Citizens/FileOpen.aspx?Type=30&ID=14121&MeetingID=1262
Preserved county public-record source. Third-party attachments may retain their original rights.
