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A Termination Agreement has been prepared to cancel the prior the <br />license issued by Indian River County to Treasure Coast Broadcasting <br />Company, Limited Partnership, which was executed on March 4, 1987. <br />A Termination Agreement has also been prepared to cancel the license <br />to occupy and improve county property issued by Indian River County <br />and assigned to Gregory D. Bone on January 21, 1988, as Trustee, <br />under that certain trust agreement known as Highland Land Trust dated <br />December 15, 1987. <br />Two new licenses have been prepared for Sandab Communications Limited <br />Partnership II -to use same real property and occupy and improve the <br />county property located near the transfer station off Old Dixie <br />Highway. The rate of compensation for the licenses are the same as <br />prior authorized by the Board of County Commissioners. <br />ALTERNATIVES AND ANALYSIS <br />The urgency of the matter is related to precluding any involvement <br />with RTC as relates to any agreements Treasure Coast Broadcasting <br />Company may have with Indian River County. <br />The documents attached terminate any contractual relationship with <br />Treasure Coast Broadcasting Company. The new agreement and license <br />with Sandab_Communications Limited Partnership II establishes a <br />contractual -arrangement for the real property and continues the <br />revenue stream for Indian River County. <br />RECOMMENDATION <br />Staff recommends approval of the two termination agreements with <br />Treasure Coast Broadcasting Company referenced above. Staff also <br />recommends approval of the License to Occupy and Improve County <br />Property and the License To Use Real Property with Sandab <br />Communications Limited Partnership II with the Board authorizing the <br />Chairman to execute the necessary documents. <br />ON MOTION by Commissioner Scurlock, SECONDED by <br />Commissioner Bowman, the Board unanimously approved two <br />termination agreements with Treasure Coast Broadcasting <br />Company and approved two licenses with Sandab <br />Communications Limited Partnership II, as set out in the <br />above staff recommendation. <br />COPIES OF PARTIALLY EXECUTED TERMINATION AGREEMENTS AND LICENSES <br />ARE ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />31 <br />MAP 0 1992 1r oj, <br />