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09/15/2020
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09/15/2020
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Last modified
11/12/2020 2:22:38 PM
Creation date
11/9/2020 11:49:21 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
09/15/2020
Meeting Body
Board of County Commissioners
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STEEPSTEEL <br />CONSULTING & MANAGEMENT <br />Phase 2 — <br />Once we have reviewed all pertinent information, we will then make appropriate recommenda- <br />tions to the County. <br />Based on the County's instructions, we will then initiate marketing on SteepSteel.com for lease / <br />license auction if desired by client, and / or initiate contact with the tenants to begin negotiations <br />of lease / license extensions and / or lease / license sales. <br />Negotiations will include monthly or periodic rates, annual or periodic escalators, expansion area <br />options, term extensions, coloration and revenue sharing opportunities, and capacity and equip- <br />ment changes. <br />Time to complete: 30 - 60 days (all rounds of negotiation will be forwarded to County for re- <br />view and comment) <br />Phase 3 — <br />Execution of revised lease / license documents by County only after tenants have first executed <br />the same — whether lease extensions / amendments or sales — and return copies to tenant (or <br />escrow for funding and recordation, if a sale). <br />Time to complete: 15-30 days (depending on tenant turnaround time) <br />Phase 4 — <br />Ongoing and periodic management issues / inspections to be completed as required based on <br />either County notification / request, or regular (annual / term) changes as outlined in the leases / <br />licenses, and building codes. <br />Registration of sites with national carriers and tower companies for future opportunities. <br />Time to complete: Varies, but usually 7-10 days. <br />All inspection reports and assessments will be provided to County according to the terms out- <br />lined in the contract. <br />Compilation of complete County files including — but not limited to — the following: <br />Audited lease / license documents and payment histories <br />Copies of all communications — email and written — between SteepSteel and tenants. <br />Site value maximization recommendations for each site <br />109 <br />10 <br />
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