9/20/1988 - Laserfiche WebLink

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Commissioner Bowman noted that she has found some discrepan- cies in the agreement - in one place it says 20' and in another, it says 30'. Commissioner Bird's main question was whether we are getting our money's worth out of the property He hoped that someone has researched this carefully and asked how we establish that we are getting a fair market value for the property. Manager Dean advised that staff based it on what they had been paying -in other similar leases. He explained this is actually an option on the lease. Acellular contract has not been awarded, and BellSouth wants an option on leasing the property so that in the event that authority is awarded to them, they have a place to put their tower immediately. Commissioner Bird asked if their option would be assignable as he would not want to give an option and find, out that RCA or someone gets the permit, and then BellSouth leases it to them for ten times as. much as they are paying us. Manager Dean advised that they can't do that. All they want is the southwest corner of that property, 55 x 45, with an ease- ment for the guy wires coming out from the tower. He assured the Board that this would not interfere with any operation we have planned for the collection site itself. Commissioner Wheeler had some concern as to whether 15% is a big enough increase for each 5 year extension, and Commissioner Bird was concerned as to whether it may not be premature to give them this option. County Attorney Vitunac noted that if they fail to exercise their option, all rights are terminated and they cannot assign them without our permission. Discussion continued as to the Board's feeling that this proposed option is all to BellSouth's advantage and that we should just leave the property vacant and deal with it when the time comes. P 20 1988 61 BOOK 74 F,acA4