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On Mav 8, 1998, the County entered into a consent and estoppel agreement with Pinnacle Towers, Inc., a <br />firm which was purchasing the tower assets owned by Sandab Communications on the County owned site <br />which was the subject of the March 1992 License agreement. <br />Following the approval by the Board of the consent and estoppel agreement, Sandab Communications and <br />Pinnacle Towers entered into an Assignment and Assumption of License on May 15, 1998. <br />As indicated above, Vero Beach Broadcasters, Inc. has now acquired the assets of Sandab <br />Communications and are seeking the estoppel agreement covering the tower located on County land. As <br />can be seen by the contents of the proposed Estoppel Certificate, the purchaser, through the estoppel <br />certificate, is insuring that no changes have been made to the terms of the agreements as last approved by <br />the Board and that all payments and fees have been paid. <br />Emergency Services has confirmed that all payments due from Sandab Communications are curren and <br />up to date. <br />RECOMENDATION: <br />Staff recommends approval and Chairman's execution of the assignment of Estoppel Agreement for Vero <br />Beach Broadcasters, LLC. <br />ON MOTION by Commissioner Ginn, SECONDED <br />by Commissioner Stanbridge, the Board <br />unanimously approved and authorized the <br />Chairman's execution of the Estoppel Certificate for <br />Vero Beach Broadcasters, LLC, as recommended by <br />staff. <br />ESTOPPEL CERTIFICATE IS ON FILE IN THE <br />OFFICE OF THE CLERK TO THE BOARD <br />SEPTEMBER 12, 2000 <br />-19- <br />• <br />